Giant Ferris Wheel

I dont recall one being required for the squidport. I do have one on my squidport, but it is a premuim item, certainly not required.

But I do believe it is a different one. Maybe similar to the centennial ferris wheel in London

Has the Giant Ferris Wheel for the event been released yet?

I think @Aievel means the one that comes with Princess Penelope and is required for complete krustland quest.

Part of Princess Penelope’s quest line in Krustyland is to build Krusty’s Giant Wheel
There is a Ferris Wheel in the vault (at the bottom of slot 4) that can be placed on Squidport.

The Giant Ferris Wheel will be in store from 18th - 24th April.
https://forums.ea.com/en/the-simpsons-tapped-out/discussion/217674/the-springfield-jobs-dates/p1

The Giant Ferris Wheel that comes with the event is out on the 18th.