Presented by: Proposed Sports and Event Complex in Coeur d ...
Presented by: Proposed Sports and Event Complex in Coeur d ...
Presented by: Proposed Sports and Event Complex in Coeur d ...
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Silverwood Theme Park<br />
Spokane Arena<br />
Spokane Arena opened <strong>in</strong> 1995 <strong>and</strong> is owned <strong>and</strong> operated<br />
<strong>by</strong> the Spokane Public Facilities District. It has capacities<br />
of approximately 12,500 for concerts, 12,000 for basketball<br />
<strong>and</strong> 11,000 for hockey. The Arena is home to the Spokane<br />
Chiefs of the Western Hockey League <strong>and</strong> the Spokane<br />
Shock of af2 (arena football league). In a recent year of<br />
operation, the Arena hosted 47 tenant events, 21 concerts,<br />
25 family shows, 25 community events <strong>and</strong> 12 non-tenant<br />
sports events.<br />
Feasibility Analysis of a New <strong>Sports</strong> <strong>and</strong> <strong>Event</strong> <strong>Complex</strong> <strong>in</strong> <strong>Coeur</strong> d’Alene<br />
Local Market Conditions Analysis<br />
Page 15<br />
Silverwood Theme Park is an estimated 212-acre<br />
recreation <strong>and</strong> enterta<strong>in</strong>ment park offer<strong>in</strong>g roller<br />
coasters, water slides <strong>and</strong> other rides that attracts<br />
approximately 500,000 patrons annually. Located<br />
approximately 20 miles north of <strong>Coeur</strong> d’Alene, the<br />
Park would likely serve more as a complimentary<br />
facility, help<strong>in</strong>g to add to the overall appeal of the<br />
dest<strong>in</strong>ation.<br />
Spokane Arena would likely represent the primary competitor for concerts <strong>and</strong> other tour<strong>in</strong>g<br />
events that could utilize a new event facility <strong>in</strong> <strong>Coeur</strong> d’Alene. However, a facility <strong>in</strong> <strong>Coeur</strong><br />
d’Alene may have opportunities to establish a niche <strong>in</strong> the market <strong>by</strong> offer<strong>in</strong>g promoters a more<br />
<strong>in</strong>timate, lower cost alternative to Spokane Arena.<br />
INB Perform<strong>in</strong>g Arts Center<br />
The INB Perform<strong>in</strong>g Arts Center is a 2,700-seat fixed<br />
seat<strong>in</strong>g venue that is also owned <strong>and</strong> operated <strong>by</strong> the<br />
Spokane Public Facilities District. The Center hosts a<br />
variety of perform<strong>in</strong>g arts <strong>and</strong> symphony concerts<br />
annually. The Center also hosts some tour<strong>in</strong>g concerts<br />
<strong>and</strong> enterta<strong>in</strong>ment events. However, the facility has a<br />
significantly smaller capacity <strong>and</strong> a differ<strong>in</strong>g event focus<br />
compared to the envisioned <strong>Coeur</strong> d’Alene facility, which<br />
will likely limit competition between the two venues.