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Bastrop council, EDC cancel proposed $30 million sports-complex project after feasibility study

2793104 · January 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After receiving a feasibility report from Hunden Partners, the Bastrop City Council and Bastrop Economic Development Corporation voted to cancel the sports-complex project “as presented,” citing high capital costs, regional competition and projected operating shortfalls.

At a joint City Council and Bastrop Economic Development Corporation meeting on Jan. 27, 2025, council members and the EDC voted to cancel the sports-complex project as presented after Hunden Partners summarized a feasibility study and financial modeling. Council member Plunkett moved to cancel the project; Council member Meyer seconded the motion. The council roll call showed Plunkett, Meyer, Fosler and Lee voting yes; the motion passed unanimously. The EDC separately voted by voice to cancel the project as presented.

The study presented by Hunden Partners modeled a multipurpose outdoor sports complex with eight multipurpose turf fields and related tournament-support amenities. Ryan, a Hunden presenter, told the bodies that the firm estimated a phase‑one capital cost “roughly $30,000,000” and projected that, by stabilization in year five, the facility would generate a modest net operating income of about $72,000.

The consultant framed the project’s long‑term economic impact under conservative utilization assumptions. “By stabilization in year 5 of the…

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