A preliminary market analysis has been completed by Sports Facilities Advisory, a Clearwater, Fla.-based consulting and management firm that specializes in these types of recreation facilities.
The figure of $1.8 million was derived from an estimate given to the county commissioners by a representative from Sports Facilities Advisory, a company that presented to the group in October about installing artificial turf fields at the high schools.
According to information by Sports Facilities Advisory (SFA), lower-income athletes are finding it harder to find a way to play at well-maintained and affordable venues since less funding is going into public sports facilities.
Sports Destination Management covers sporting event production and management. It focuses on significant issues facing sports events owners and the bearing of location selection decisions.
“I think we all agree this is not a failure but an opportunity to more forward,” Commission Chairman Ted Schrader said. “We’ve got a great asset that’s not going anywhere.”
Representatives from a sports facility consulting and management company visited the territory for the Paradise Jam college basketball tournament last month on St. Thomas. Now, Florida-based Sports Facilities Advisory is tasked with figuring out what type of facility could bring dollars from the sports tourism industry to St. Croix.
A management plan and budget approved for Love-Hatbox Sports Complex is projected to have a cumulative economic impact totaling nearly $22 million over five years.
A feasibility study for a proposed 200,000-square-foot sports facility in Milwaukee helped move The Ability Center (TAC) closer to reality. The facility would be a boon to individuals affected by physical disability, offering a medical center-based fitness facility designed specifically for disabled individuals, with a focus on tournaments and organized athletic competition.
The feasibility study was conducted by Sports Facilities Advisory (SFA).
When appropriately sited in an area with adequate lodging, dining, shopping and entertainment, sports complexes can generate millions of dollars annually by attracting events such as tournaments and camps to a specific region. This large financial impact creates development projects for municipalities, institutions and the private sector to support.” Eric Sullivan. Since 2003, The Sports Facilities Advisory has been making a difference in communities around the world by helping leaders develop and optimize sports tourism and community recreation facilities and venues.
But are these efforts enough to meaningfully boost access to youth sports? Dev Pathik, founder of Sports Facility Advisory, a planning and management firm, is skeptical.
If your town — no matter how small and remote it is — hasn’t developed a plan for a mega-youth sports complex, it’ll do so, probably very soon.
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/bobcook/2014/05/12/7-billion-reasons-why-the-youth-sports-stadium-game-shows-no-sign-of-ending/&refURL=https://www.sportadvisory.com/index.php/In-The-News&referrer=https://www.sportadvisory.com/index.php/In-The-News