"On September 8, 1995, Cedar Point announced plans to build a new roller coaster, which would open as the tallest, fastest, and longest stand-up roller coaster in the world. The ride was to be named Banshee after the mythical wailing ghost in Irish folklore. In the days following the announcement, there was some negative reaction from the public regarding the term Banshee, which in the dictionary is described as a female spirit that warns of an impending family death. On November 14, 1995, Cedar Fair Entertainment Company filed a trademark for the name Mantis, which later became the ride's official name. As a result of the name change, its logo was also changed to resemble a mantis. The discarded name would later be reused for an inverted roller coaster that opened at Kings Island in 2014.

Construction on the new roller coaster began in the off season and was completed on January 9, 1996. More than 20% of the track was built over water. Cedar Point held a "Media Day" for Mantis on May 9, 1996, and the ride officially opened to the public on May 11, 1996."

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