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

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Dodge Arena Located in Hidalgo, Texas, Dodge Arena opened in 2003 and has a capacity of 5,500 for ice events and up to 6,000 for concerts. The Arena incorporates 25 executive suites ranging in size from 10 to 18 seats, as well as 508 club seats. The Arena is owned by the City of Hidalgo Municipal Facilities Corporation and operated by Global Spectrum. The facility has two anchor tenants: the Rio Grande Valley Killer Bees of the CHL and the af2 Rio Grande Valley Dorados. The Arena also offers a 2,000-square foot community room that can be rented by the public. In a recent year, Dodge Arena hosted a total of 134 events, including 31 tenant hockey games, eight tenant football games, 24 concerts, 41 family show performances, 18 non-tenant sports events, eight community/religious events and four miscellaneous events. Feasibility Analysis of a New Sports and Event Complex in Coeur d’Alene Comparable Facilities Analysis Page 21 Dodge Arena City, State: Hidalgo, TX City Population: 10,000 25-mi Pop. 662,400 50-mi Pop. 1,090,400 Year Opened: 2003 Ownership: City of Hidalgo Management: Global Spectrum Tenants: CHL, af2 Arena: Seating Capacity: 5,500 (sports) 6,000 (concerts) Floor SF: 19,000 Convention Space: Exhibition SF: 0 Ballroom SF: 0 Meeting SF: 2,000 Sellable SF: 2,000 Events: Tenant 39 Non-Tenant: 95 Total: 134 Total Attendance: n/a
Qwest Arena The 5,190-seat Qwest Arena in Boise, Idaho opened in 1997. The privately owned facility has three sports tenants: the Idaho Steelheads of the ECHL, the Boise Burn of Arena Football 2 (af2) and the Idaho Stampede of the NBA Developmental League. Premium seating at the facility includes 39 suites and a VIP club. Suites range in size from 12 to 30 seats, with prices depending on the suite capacity and ticket package included with the suite. Suite prices range from $12,000 for a 12-seat suite with a hockey-only ticket package to $45,000 for a 30-seat suite including tickets to all arena events. Access to the VIP club is included in certain season ticket packages offered by the Arena’s sports tenants. Regular season home games hosted by the Arena on an annual basis include 36 Steelheads games, eight Burn games and 25 Stampede games. In addition, non-tenant events hosted by the Arena in a recent year included six concerts, 12 family shows, 29 non-tenant sports events and 13 other events. The Arena’s published rental rate is the greater of $3,500 or 10 percent of gross gate receipts. Feasibility Analysis of a New Sports and Event Complex in Coeur d’Alene Comparable Facilities Analysis Page 22 Qwest Arena City, State: Boise, ID City Population: 198,600 25-mi Pop. 554,000 50-mi Pop. 662,300 Year Opened: 1997 Ownership: Block 22 LLC Management: Sodexho Tenants: ECHL, af2, NBA D-League Arena: Seating Capacity: 5,190 (sports) 4,200 (concerts) Floor SF: 17,000 Convention Space: Exhibition SF: 0 Ballroom SF: 0 Meeting SF: 0 Sellable SF: 0 Events: Tenant 69 Non-Tenant: 60 Total: 129 Total Attendance: n/a
Page 1 and 2: Feasibility Study: Proposed Sports
Page 3 and 4: Mr. David Tomson February 6, 2008 P
Page 5 and 6: - Executive Summary - Conventions,
Page 7 and 8: • These types of arenas can offer
Page 9 and 10: part of the Visitor and Convention
Page 11 and 12: • Because the proposed Coeur d’
Page 13 and 14: • As shown, the estimated operati
Page 15 and 16: • The following table illustrates
Page 17 and 18: • Based on conversations with pro
Page 19 and 20: Organizations and Stakeholders Cont
Page 21 and 22: II. Local Market Conditions Analysi
Page 23 and 24: The following exhibit illustrates t
Page 25 and 26: Income Another socioeconomic variab
Page 27 and 28: The Kootenai Medical Center is the
Page 29 and 30: Summary of Event Space at Couer d'A
Page 31 and 32: As shown, six indoor venues are off
Page 33 and 34: Spokane Convention Center The Spoka
Page 35 and 36: III. Comparable Facilities Analysis
Page 37: Budweiser Events Center Located in
Page 41 and 42: Toyota Center Originally known as t
Page 43 and 44: Tyson Events Center Located in Siou
Page 45 and 46: Comparable Arena/Convention Facilit
Page 47 and 48: Cabarrus Arena & Event Center Locat
Page 49 and 50: La Crosse Center Located in downtow
Page 51 and 52: Mid-America Center The Mid-America
Page 53 and 54: Swiftel Center The Swiftel Center i
Page 55 and 56: While the multi-purpose nature of t
Page 57 and 58: • Meetings/Banquets - Events incl
Page 59 and 60: Arena Football Arena football has g
Page 61 and 62: 12,000 10,000 8,000 6,000 4,000 2,0
Page 63 and 64: Touring Sports Events Indoor event
Page 65 and 66: also serve as a valuable recruiting
Page 67 and 68: o Presence of a minimum of 150 comm
Page 69 and 70: Amateur Sports Another potential us
Page 71 and 72: USA Judo • Potential exists for a
Page 73 and 74: • The event attracts over 100 tea
Page 75 and 76: Conventions, Conferences, Exhibitio
Page 77 and 78: A facility offering a clear span co
Page 79 and 80: While a sports tenant could add app
Page 81 and 82: West Coast League Attendance Sorted
Page 83 and 84: The development of two fields is li
Page 85 and 86: Seating Capacities of Regional Faci
Page 87 and 88: Premium Seating Many modern sports
Page 89 and 90:
One option would be for the Fairgro
Page 91 and 92:
Gate Receipts/Rental Revenue Summar
Page 93 and 94:
concession profits allocated to fac
Page 95 and 96:
Parking Based on conversations with
Page 97 and 98:
Naming Rights Agreements at Selecte
Page 99 and 100:
As shown, based on an estimated 10
Page 101 and 102:
Estimated Financial Results The tot
Page 103 and 104:
Tenant Sports Impact In order to es
Page 105 and 106:
VI. Economic and Fiscal Impact Anal
Page 107 and 108:
In order to estimate the incrementa
Page 109 and 110:
The appropriate multipliers to be u
Page 111 and 112:
Based on this direct spending estim
Page 113 and 114:
Based on the in-facility spending e
Page 115 and 116:
As detailed in the previous table,
Page 117 and 118:
VII. Funding Analysis The purpose o
Page 119 and 120:
The P&R District could generate the
Page 121 and 122:
Once the referendum has passed, the
Page 123 and 124:
Year Public Contribution Facility L
Page 125 and 126:
Laredo Entertainment Center The Lar
Page 127 and 128:
Sovereign Center The 9,000-seat Sov
Page 129 and 130:
The City’s lease payments are der
Page 131 and 132:
In addition to the bonds, a $25.0 m
Page 133 and 134:
TIF The proposed event facility sit
Page 135 and 136:
Hotel/Motel Tax As discussed previo
Page 137 and 138:
Facility Fee A potential means of r
Page 139:
Summary The intent of this section
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