Presented by: Proposed Sports and Event Complex in Coeur d ...

• Costs/benefits/return on investment – the facility’s ability to generate new revenues
(i.e., from taxes, operating income and ancillary facility-related revenues, etc.) in
excess of quantifiable facility-related costs (i.e., construction costs, operating costs,
marketing costs, etc.).
• Intangible benefits/public good – the ability of the facility to represent an important
resource for the local community, regardless of financial or economic concerns.
These types of benefits add to the local community’s “quality of life” in the same way
that libraries, museums and recreational parks do, without consideration of the
economic impacts that the facility might generate.
When evaluating the feasibility of an event facility, communities throughout the country have
differed in the specific criteria that best reflects the definition of feasible for their community.
For instance, one community may focus more on the ability of the project to be operationally
self-supportive (i.e., generate an annual financial operating profit) rather than the intangible
“public good” aspects the project would provide local residents. The research, data, information
and analysis provided through this study is intended to allow the Committee and other
community constituents to draw their own informed conclusions concerning the feasibility of the
proposed sports complex.
Feasibility Analysis of a New Sports and Event Complex in Coeur d’Alene
Introduction
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