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Hagerstown Field House
PROJECT DESCRIPTION:
A 114,000 square foot indoor recreation facility that includes two turf fields, four hard courts (expandable to six), fitness area, restaurant, kids’ zone and other space to support operations. The facility will be constructed at the former Municipal Stadium site. The facility will serve the youth and young adults of our community with a secondary benefit of sports tourism, especially on weekends.
Through an extensive proposal process, the City selected and contracted with Eastern Sports Management (ESM) to be our private sector partner and to facilitate design, construction and operations. ESM operates several similar or larger facilities on the east coast and is developing other facilities in partnership with other cities.
PROJECT BENEFITS & JUSTIFICATION:
ESM contracted with Pinnacle Indoor Sports to conduct the market analysis. They conducted extensive interviews with dozens of existing local sports and recreation stakeholders and user groups as well as a demographic analysis. They concluded the community interest is in place and the facility would be financially successful provided it was operated well and had limited debt service.
Copies of business plan, design concepts, financial projections and market feasibility are available upon request.
Design/Construction Cost:
$25,000,000
| TASK | DESCRIPTION | STATUS | COST | FUNDING SOURCE |
|---|---|---|---|---|
| Market Feasibility | Victus Advisors | COMPLETED 2018 | $30,000 | City of Hagerstown |
| Develop business
plan, design
concepts, financial
projections and
market feasibility |
Phase I contract with
ESM |
COMPLETED
FEBRUARY 2022 |
$70,000 | City of Hagerstown |
| Develop full site
plans, 35% building
plans, operating
agreements and
economic impact |
Phase II contract with
ESM |
CONTRACTED AND
COMPLETE BY
SUMMER 2022 |
$500,000 | City of Hagerstown |
| Stadium Demolition | Prepare site for Field
House |
CONTRACTED AND
COMPLETE BY
SUMMER 2022 |
$85,000 | City of Hagerstown |
| Final Design and
Construction |
Phase III contract with
ESM. Begin
construction Fall 2023 |
OPEN FALL 2024 | $25,000,000 | Funding Partners and
the City of
Hagerstown |