Case Study

Crystal Lagoon & Mixed - Use District Financial Feasibility

Crystal Lagoon & Mixed - Use District Financial Feasibility

Crystal Lagoon & Mixed-Use District Financial Feasibility Fountain Hills, Arizona HSP worked with the Town of Fountain Hills to conduct a financial feasibility study and preliminary financial projection analysis for the development of a man-made beach and mixed-use district in Fountain Hills. The unique project was proposed to be part of an overall vision to create a destination district centered around the impressive fountain located in Fountain Hills. The project was proposed to have the following elements: § Crystal Lagoon man-made swimmable beach area, § Concessions, § Boat rentals, § Clubhouse, and § Other amenities. The centerpiece of the Fountain Hills community is a large natural pond with the fourth-largest fountain in the world at its center. This asset set a the

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