Convention Center Comparative Analysis - April 25, 2012

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  • Typically Mankato’s Economic Impact is 50 million dollars269 hotel rooms attached via skywalk800 total hotel rooms within the Mankato area
  • Message with DOS: Won’t be returning call till later in week
  • Convention Center Comparative Analysis - April 25, 2012

    1. 1. Convention Center AnalysisVisit Eau Claire Case Study onMidwest Based Facilities
    2. 2. La Crosse: The La Crosse Center• Built in 1980• 42,400 total square feet• Cost was estimated at 9 million dollars ▫ Financially bonded by and paid back by a tax levy
    3. 3. La Crosse: The La Crosse Center• 2000 expansion doubled the center to over 84,000 total square feet ▫ 14 million dollar expansion ▫ Bonded for and paid back through the tax levy, a portion of room tax and a portion through a ticket facility fee• Arena can hold up to 8,000 people ▫ Hosted the 2011 Division III NCAA Wrestling Championships
    4. 4. La Crosse, WI:The La Crosse Center
    5. 5. Rochester, MN: Mayo Civic Center• Built in 1938 as a 1,700 seat arena and 1,340 seat theatre• Modifications made in 1972 and 1978• 1984: 18 million dollar addition to Taylor Arena and underwent a name change• 1997: West Expansion added
    6. 6. Rochester, MN: Mayo Civic Center• 1998 authorized a 25,000 square foot expansion and North Lobby ▫ Completed in 2001 ▫ Totaled 18 million dollars  2.5 million dollar granted funded by the state  Remaining balance was funded through a 1/2 % local option tax• Currently sitting at 120,000 square feet• Looking into a 70 million dollar expansion focusing on conference center space specifically ▫ Applied for a 35 million dollar state funded grant ▫ Other 35 million would come from a 3% increase in room tax
    7. 7. Rochester, MN:Mayo Civic Center
    8. 8. Duluth, MN: Duluth EntertainmentConvention Center (DECC)• Built in 1966 for 6.5 million dollars ▫ Primary focus was for the UMD Bulldogs Hockey Team• 1990 added a 30 million dollar City Side Convention Center• From 1996-2005 an Omnimax and 10 screen cinema as well as the Harbor Side Convention Center were added
    9. 9. Duluth, MN: DECC• 2008 funded an 38 million dollar expansion ▫ 27% was funded by a ¾% increase in food and beverage tax ▫ 12% was funded by University of Minnesota-Duluth Athletics ▫ 11% was funded by DECC ▫ Remaining 50% was funded from the state based on an agreement• Features a new hockey arena, parking ramp, and meeting space• Hosted the 2012 Frozen Four Division I NCAA Women’s Hockey Tournament• 3 year process for approval from the state• Totals over 100,000 square feet equipped with 2 ballrooms, 6,600 seat arena, and 30 meeting rooms
    10. 10. Duluth, MN: Duluth EntertainmentConvention Center (DECC)
    11. 11. Madison: Alliant Energy Center• Multiple structure changes since land was initially acquired in 1896 ▫ Creation of expo hall ▫ Agriculture building renovations ▫ Renovation of arena ▫ Willow Island• Oscar Meyer Theatre and the Isthmus Theatre• Dane County Coliseum ▫ Built in 1967 ▫ Holds 10,231 people
    12. 12. Madison: Alliant Energy Center• 1995 Expansion/Multi-Pronged Project ▫ Exposition Hall was 21 million dollars alone ▫ All projects combined cost over 28 million dollars  Funded through naming rights and facility operations• The Alliant Energy Center does not receive any subsidies because it is owned by the county and is a self supporting facility ▫ Bonds are close to being paid off
    13. 13. Madison:Alliant Energy Center
    14. 14. St. Cloud, MN: St. Cloud Civic Center• Built in 1988 for 10.9 million dollars ▫ Funded on city food and beverage tax at an additional 1%• 91,700 total square feet• Terry Haws Center ▫ 25,700 total square feet• Glenn Carlson Hall ▫ 16,000 total square feet
    15. 15. St. Cloud, MN: River’s Edge ConventionCenter• 2012 Expansion cost 22 million dollars ▫ Funded by city food and beverage tax• 15 year renovation process• Nearly 180,000 total square feet• Added an additional 35,000 total square feet
    16. 16. Appleton: Fox Cities Performing ArtsCenter• Opened on November 25, 2002 ▫ Cost 45 million dollars  Raised through private donations ▫ Open after 31 months of construction• Totals over 25,000 square feet ▫ 2,100 seat Thrivent Financial Hall ▫ Kimberly Clark Theatre can accommodate up to 350 people
    17. 17. Appleton:Fox Cities Performing Arts Center
    18. 18. Green Bay: Resch Center• Built in 2000 and opened on August 24, 2002 ▫ Cost roughly 58.1 million dollars  Started with private funding for naming rights  Remaining balance was funded through room tax  PMI Entertainment (operating group) paid back room tax to Convention and Visitor Bureau ▫ Features a 10,200 seat multipurpose arena and the Time Warner Cable Theatre that can seat up to 5,500
    19. 19. Green Bay:Resch Center
    20. 20. Mankato, MN: Verizon Wireless Center• Built in 1995 for 23 million dollars ▫ Funded through ½% sales tax• Over 35,000 square feet comprising of ▫ Banquet Hall ▫ Reception Hall ▫ Conference Center ▫ Arena: 5, 280 seats
    21. 21. Sioux Falls Convention Center: SiouxFalls, SD• 71,000 square foot space operated by Global Spectrum ▫ 12 breakouts and a 16,800 square foot ballroom• Fall, 2014: Opening a 115 million dollar event center ▫ Funding by city taxpayers ▫ Will hold up to 12,000 people
    22. 22. Eau Claire: The Plaza• 28,000 total square feet• 15 banquet spaces available• One space can hold up to 850 people at one time• 233 total hotel rooms available
    23. 23. Eau Claire: The Ramada andConvention Center• 23,000 total square feet ▫ Up to 14 breakouts• Largest room: Great Hall, 7,344 square feet ▫ Holds 900 theater style• 122 hotel rooms• Parking ramp connecting to hotel
    24. 24. University of Eau Claire: Davies Center• Originally constructed starting in 1957 ▫ 2008 determined a new student center was to be created• New building is 170,000 square feet ▫ 5,500 square foot terrace ▫ 12,000 square foot ballroom ▫ Theatre will hold over 200 people• Re-opening Summer, 2012 ▫ Construction started on March 11, 2011
    25. 25. Florian Gardens• 10,563 square feet of available meeting space• Largest space can hold up to 775 people theater style• 5 breakouts available
    26. 26. Eau Claire: Indoor Sports Center• 2 arenas that are 16,000 total square feet each ▫ 1 is sport court material and the other is field turf• 2 breakouts ▫ 875 total feet ▫ 1500 total square feet• Can hold up to 1,777 theater style
    27. 27. Questions and Discussion

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