Case Study

Grand Park Sportsplex Feasibility & TIF Analysis

Grand Park Sportsplex Feasibility & TIF Analysis

Grand Park Sportsplex Feasibility & TIF Analysis Westfield, Indiana HSP worked with the City of Westfield to analyze two related projects. The first was a feasibility and economic impact study of the proposed Grand Park sportsplex. The second study was a TIF funding analysis of the several square miles surrounding the sportsplex. These analyses included a detailed competitive supply and demand analysis, business plan review, tournament market analysis, room night projection, analysis of funding options that included TIF projections, trends analysis for the youth sports industry, a competitive assessment of comparable facilities and demand and financial projections for the complex. Grand Park is a full-service tournament facility, with sports fields to accommodate local and tra

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