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Charlotte’s Winning Approach to City Building

Charlotte’s Winning Approach to City Building. History of Baseball. Crockett Park. Planning for the Future. 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

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Charlotte’s Winning Approach to City Building

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  1. Charlotte’s Winning Approachto City Building

  2. History of Baseball Crockett Park

  3. Planning for the Future • 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

  4. Ballpark Site Selection Site selection process • 8 sites evaluated • Criteria: • Regional accessibility • Maximize funding by Knights • Viability of team • 3 sites identified in April 2005

  5. Land Swap Objectives 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

  6. Land Swap Mecklenburg County Mass Mutual Marshall Park Wells Fargo CMS

  7. Land Swap Proposed Knights Stadium Romare Bearden Park 2nd Ward Vision Plan

  8. Challenges • Finding appropriate site and acquiring land (addressed by Land Swap) • Lawsuits from vocal minority • Recession in 2008

  9. Existing Conditions

  10. 2020 Vision Plan More than a ballpark • Cultivate unique neighborhood • New residential and shops • Add sports facilities to elevate Charlotte as a destination • New restaurants & bars

  11. Value of Ballpark Oriented Development • Office, residential and retail development • New jobs • New property tax revenue & hospitality sales tax revenue Columbus, OH

  12. Charlotte’s Ballpark Oriented Development

  13. Charlotte’s Ballpark Oriented Development

  14. Charlotte’s Ballpark Oriented Development

  15. Charlotte’s Ballpark Oriented Development

  16. Charlotte’s Ballpark Oriented Development

  17. Charlotte’s Ballpark Oriented Development

  18. 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

  19. 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

  20. 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

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