Arenas, stadiums and sports facilities are typically massive concepts by the standards of a single or joint development property. The United States is covered with thousands of single or multi-use sports-oriented facilities (fieldhouses, tennis clubs, soccer facilities, ice arenas, service cinemas, etc.), many of which were ultimately unsuccessful from the early stages of operation. Many projects may have been sound prior to construction, and may have been operating at near-capacity levels for some time. Yet, as standalone going concerns, each of these facilities are often challenged to achieve sustainability.
We utilize our depth of expertise to determine feasibility, values, appropriate rent, tax and ground lease terms as well as to weigh the economic impact from financial, social and environmental risks and benefits.