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

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o Provision of transportation between hotel properties and event venue if necessary. • These competitions last three days and generate approximately 150 to 200 room nights on peak. USA Wrestling/AAU Wrestling • Idaho is not a major AAU Wrestling state, as it is primarily served by USA Wrestling affiliates. • USA Wrestling’s season lasts from March through May. • USA Wrestling has considered bringing events to Coeur d’Alene in the past but the market lacks an appropriate event facility. • The organization could potentially bring a minimum of two annual tournaments to a new indoor event facility in Coeur d’Alene, assuming the facility meets their requirements. • Tournaments need room for eight to ten mats, which require approximately 5,200 square feet of space per mat (total of 42,000 to 52,000 square feet of contiguous space). • To attract the state tournament, the facility would need seating for 4,000 to 5,000 and offer free rent. Additionally, approximately 1,100 hotel rooms would need to be available within the market. • Tournaments draw approximately 5,200 attendees over a two or three day tournament (approximately 2,000 to 2,300 people per day). • The Western Regional Wrestling meet is currently held in Pocatello every year, but could rotate to Coeur d’Alene. • Spokane hosted a World Cup event approximately six years ago, an indication that a national event could again be hosted in the area in the future. • Tournaments typically charge $8 to $12 for admittance into the tournament, which is retained by the organization organizing the event. Pacific Northwest Qualifier (Volleyball) • Spokane Arena does not offer adequate floor space to accommodate this tournament. The event utilizes the Spokane Convention Center (14 courts), Eastern Washington University (14 courts) and The HUB (9 courts). • The event occurs over the last two weekends in March and lasts from Thursday through Sunday, with some participants and spectators staying through Sunday night. Feasibility Analysis of a New Sports and Event Complex in Coeur d’Alene Market Demand Analysis Page 55
• The event attracts over 100 teams and in 2008, utilizes between 1,000 and 1,500 hotel rooms on peak and generated approximately 10,000 total room nights according to PNQ representatives. • Regardless of available facilities, it is likely that the PNQ would retain a presence at Eastern Washington University as this was the original location for the tournament. However, organizers may be willing to leave the HUB for a better facility and as the tournament continues to grow demand increases for additional event space. They are contracted with their current facilities through 2012. • The event requires approximately 7,600 square feet of space per court for competition space, seating around the court (PNQ sets up approximately 60 chairs around each court for spectators and does not require a fixed seating component) and sufficient space between courts to ensure safety and uninterrupted play. The amount of flat floor space that can be offered by the proposed facility will impact its ability to host PNQ events. • In order to draw events to Coeur d’Alene, the facility would need competitive rental rates. CheerFest • Potential exists to attract CheerFest events to Coeur d’Alene, but the community would need a local program to organize, market and attract events. • Competitions are open to any team interested in participating. The scope of competition (whether it is a local, state, regional or national competition) is dependent upon the efforts of local organizers. • Events currently utilize civic centers that average 10,000 to 12,000 in total capacity for the largest national events. However, these events are typically held in the southeastern U.S., where the greatest concentration of national cheerleading squads reside. • There are approximately six cheerleading programs located in Idaho registered with CheerFest, compared to 15 in Washington and significantly more in California. Therefore, the potential to host major events in Idaho is likely limited. As detailed above, numerous opportunities exist for a new facility in Coeur d’Alene to pursue amateur sports tournaments. These events can generate significant economic impacts in the community due by attracting a number of non-local teams to the market over the course of multi-day events. However, because these types of events are generally subject to competitive bid, there is no guarantee that the proposed facility would attract a given event on a year-to-year basis. The efforts of the Spokane Regional Feasibility Analysis of a New Sports and Event Complex in Coeur d’Alene Market Demand Analysis Page 56
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Feasibility Study: Proposed Sports
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Mr. David Tomson February 6, 2008 P
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- Executive Summary - Conventions,
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• These types of arenas can offer
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part of the Visitor and Convention
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• Because the proposed Coeur d’
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• As shown, the estimated operati
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• The following table illustrates
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• Based on conversations with pro
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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 and 38: Budweiser Events Center Located in
Page 39 and 40: Qwest Arena The 5,190-seat Qwest Ar
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: USA Judo • Potential exists for a
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
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Year Public Contribution Facility L
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Laredo Entertainment Center The Lar
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Sovereign Center The 9,000-seat Sov
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The City’s lease payments are der
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In addition to the bonds, a $25.0 m
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TIF The proposed event facility sit
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Hotel/Motel Tax As discussed previo
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Facility Fee A potential means of r
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Summary The intent of this section
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Presented by: Proposed Sports and Event Complex in Coeur d ...

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