Crockett Park Knights initiate site selection process in early 2000s and identify Center City as...
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Transcript of Crockett Park Knights initiate site selection process in early 2000s and identify Center City as...
Charlotte’s Winning Approachto City Building
History of Baseball
Crockett Park
• Knights initiate site selection process in early 2000s and identify Center City as preferred location
• 2010 Center City Vision Plan recommends ballpark in Center City
• Charlotte Center City Partners initiates site selection process
Planning for the Future
Site selection process
• 8 sites evaluated
• Criteria:
– Regional accessibility
– Maximize funding by Knights
– Viability of team
• 3 sites identified in April 2005
Ballpark Site Selection
The Park
• Optimize location of Romare Bearden Park with frontage on South Tryon Street
Baseball
• Bring baseball back to Center City Charlotte
2nd Ward Neighborhood Plan
• Jump start Plan from 2002
Land Swap Objectives
Land Swap
MecklenburgCounty
MassMutual Marshall Park
Wells Fargo
CMS
Land Swap
ProposedKnightsStadium
RomareBearden
Park2nd Ward
Vision Plan
• Finding appropriate site and acquiring land (addressed by Land Swap)
• Lawsuits from vocal minority
• Recession in 2008
Challenges
Existing Conditions
• Cultivate unique neighborhood
• New residential and shops
• Add sports facilities to elevate Charlotte as a destination
• New restaurants & bars
2020 Vision Plan More than a ballpark
• Office, residential and retail development
• New jobs
• New property tax revenue & hospitality sales tax revenue
Value of Ballpark Oriented Development
Columbus, OH
Charlotte’s Ballpark Oriented Development
Charlotte’s Ballpark Oriented Development
Charlotte’s Ballpark Oriented Development
Charlotte’s Ballpark Oriented Development
Charlotte’s Ballpark Oriented Development
Charlotte’s Ballpark Oriented Development
Impacts of Baseball
• Total estimated 2014 adjusted directed revenue generated by team nearly $11MM
• Total estimated 2014 economic impact of Uptown baseball stadium is $38MM
• Total estimated 2014 economic impact of non-baseball activities is $28MM
• Total on-going impact of $66MM and 749 jobs
Returns to City
• Entertainment facility available for the general public and families at a very affordable price
• Venue that convention goers and leisure tourists will help pay for
• Facility that will host monthly community events, festivals and special sporting events that are financially profitable to the community
Returns to City
• More jobs (and in NC as opposed to SC)
• A fair and equitable public/private partnership for all parties
• Risk protection for the taxpayers