City unveils $46 million sports facility to boost tourism

In a recent government meeting, officials discussed the financing and development of a new sports facility in Boone County, aimed at boosting local tourism and community amenities. Mayor Rob Schein outlined the project, which involves a $46 million field house featuring multiple indoor sports courts, a football field, and additional recreational facilities. The facility, which opened in February, has already attracted nearly 250,000 visitors, significantly benefiting local hotels and businesses.

The city has partnered with Cardan Associates, a developer experienced in operating similar facilities, to ensure the project is self-sustaining. The financing structure includes a pledge of property taxes generated by the field house and surrounding developments, as well as food and beverage taxes from local businesses. This approach aims to create a self-supporting model that will enhance Boone County's appeal as a sports tourism destination.

Officials highlighted the importance of attracting hotel developments to accommodate the influx of visitors. The city has approved a cap on the innkeeper's tax pledge, which is designed to support the project while ensuring that the county is not financially burdened. The discussions also touched on the potential for significant economic impact, with estimates suggesting that the project could lead to over $350 million in investment in the area.

While some council members expressed concerns about the financial implications and the need for guaranteed hotel developments, the overall sentiment was supportive of the project. The facility is seen as a critical step in revitalizing the area and positioning Boone County as a competitive player in the sports tourism market.