West Newsmagazine 4-11-18

12 I NEWS I
April 11, 2018
WEST NEWSMAGAZINE
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Timeline reviewed for new
hockey rink in Chesterfield
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West County Lanes
15727 Manchester Rd. • 636.227.1469 • www.westcountylanes.com
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bowling includes shoes.
Weekly 6-10pm. Plus, spin
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636-225-8350
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Rendering of the proposed Chesterfield Hockey Association Sportscomplex
By JIM ERICKSON
Construction of the new Chesterfield
Hockey Association [CHA] Sportscomplex
in Chesterfield Valley could begin this
fall with a grand opening planned by late
summer 2019.
That was the timeline presented in a
report to the Chesterfield Valley Transportation
Development District’s [TDD]
board of directors at its April 2 quarterly
meeting.
The 12-acre site for the facility already
has received the required rezoning and the
site plan and initial building elevations
were submitted to the city last month. A
traffic study now is underway and building
design will begin next month, according to
the CHA report.
Assuming site plan approval comes by
Aug. 1 and building permits are issued by
Oct. 1, CHA will close on the land, now
under contract, this fall with a groundbreaking
to be held soon thereafter.
The complex will include two NHLsized
ice rinks and expansion capability for
a third.
The competition rink will include permanent
seating for 1,000 spectators and
standing room for an additional 600. The
practice rink will have portable seating for
about 300.
Locker rooms, team meeting rooms and
other facilities needed to support figure
skating and hockey, youth organizations
and other programming purposes also are
planned in the 78,000-square-foot complex,
along with a restaurant, bar and concession
services.
Total estimated cost is $22.65 million,
although CHA officials are evaluating various
engineering options to reduce the price
tag if possible. Funding for the complex
will come from charitable contributions,
bank financing and $7 million from the
TDD for public infrastructure improvements
associated with the project.
The TDD originally was created in 2005
to fund infrastructure projects related to
development activities in Chesterfield
Valley. The district has sold bonds to pay
for the improvements, retiring the incurred
debt with a 3/8-cent sales tax on retail sales
at businesses in the district.
Qualified voters in subdivisions adjoining
the district and those living within its
boundaries originally approved the sales
tax. Last year, voters also passed a ballot
proposal extending the levy to pay for the
infrastructure work for the new complex.
As of its report to the TDD board, the
CHA had raised $3.487 million of its targeted
charitable contributions of $5.65
million.
CHA also is negotiating a base bank
loan of $8.5 million, with an additional
$1.5 million supplemental loan to close the
fundraising gap if needed to start construction.
The base loan commitment and the
TDD financing are contingent on hitting
the charitable contributions target, according
to CHA.
Tom Kaiman, a leader in the CHA
Sportscomplex campaign, said the association’s
strategy has been to initiate the fundraising
process, secure some early major
commitments and then turn to the TDD
and bank lending efforts.
Mark Kraus, who heads the CHA, added
the association is working hard on gathering
donations and that the fundraising
efforts will continue beyond meeting the
minimum requirement.
In a related development, CHA said it
has signed a letter of intent for the Chesterfield
Sportscomplex to be the home of
the new Maryville University men’s and
women’s American Collegiate Hockey
Association programs. Lease details now
are being negotiated.