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Consultant finds market for multiuse sports complex; commissioners ask for deeper review of financing, demand and risks
Summary
JLL's phase‑one feasibility work found sufficient market demand to justify further analysis of a proposed regional indoor/outdoor sports complex in Flagler County; commissioners asked the consultant to examine naming rights, pro forma assumptions, hotel room capacity and deal structure in phase two.
An independent review by JLL presented to the Flagler County Board of County Commissioners on Oct. 6 concluded that the market can support a regional indoor/outdoor sports complex, but the firm urged a deeper follow‑up analysis of financial assumptions, deal structure and ancillary infrastructure before the county proceeds.
JLL managing director Dan Fenton said phase one focused on market dynamics and venue programming and compared existing facilities in the region. JLL identified local demand driven by youth sports participation, demographic support within a one‑hour drive and a limited number of comparable facilities in Florida that combine indoor championship courts…
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