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08-26-24-SWS
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08-26-24-SWS
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Attachment A <br />Just a few main points for the workshop meeting: <br />1. The MNTWC is projected to add $25 Million Dollars every year indirect economic impact to the <br />area. There is also a substantial indirect economic impact that comes with which includes new <br />support business and the people they hire, etc. <br />2. The $25 million dollars a year indirect economic impact comes mostly from outside visitors <br />spending money in our community. This is new money. <br />3. Over time, the initial investment contribution is paid back in full by the increased tax revenue. <br />4. Best part — these numbers are not hopeful guesses. They come directly from communities that <br />invested in a facility just like the MNTWC. Sports Facilities Company manages or consults on <br />many of these facilities across the United States, so the results are averaged from many <br />communities and not just a one-off example. These are real world numbers tracked every <br />month and you can count on them. <br />Team <br />SFC is the leader in generating the most accurate and detailed economic data for new sports and <br />recreation venues. SFC is also the largest operator and management assistance provider for facilities just <br />like the MNTWC in the world. Populous is the world-wide leader in designing and building support <br />services for sports and recreation destinations. They did Target Field and George Fantauzza was the lead <br />on that project. George is on our team. They did Allianz Field and if you have been to Allianz or Target <br />Field, you know they are two of the absolute best stadiums in the world for their sports. Populous just <br />designed a brand-new amazing sports venue set to open this fall in Overland Park, Kansas that is very <br />similar to the MNTWC. Our team has been given the "OK" for a personal tour of that facility when you <br />are ready. Populous is also very experienced in designing the "Sports village" that surrounds venues. You <br />could not find a better, more specialized team to build the perfect sports destination for TC North. We <br />have the best there is. <br />Moment <br />There are times in our lives when something great happened at just the right moment. It is rare when it <br />happens, but in those moments, you know you may have been a bit lucky. Even the best sports players <br />in the world admit that you need a lucky bounce or a good call sometimes to win the big one. The <br />opportunity to land the largest indoor sports and recreation facility in Minnesota — in a development <br />that very much needs an economic engine and vitality driver — at a time when the school districts are <br />bursting at the seems for indoor court space, and when the feeling of community action just seems to <br />be so diminished is now. This is definitely one of those moments. It's not a question of, if a facility like <br />this one will be built in the Twin Cities, it's just a matter of what community is going to get it. No area in <br />the Metro needs the MNTWC more than TC North does. If we all want this here for our community, then <br />we need to move and be decisive. Sure, much work will need to be done but that shouldn't scare any of <br />us. We have a huge coalition between cities and county and school districts and private side that we will <br />get it done if we know this is right. Let's take this tremendous opportunity, this economic powerhouse, <br />this vitality hub..... this moment and bring it home to our community. <br />
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