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New Facility Construction/Renovation

Create a presentation where you are an executive of a sports franchise and want the city to assist you with either building or renovating your stadium/arena. The specifications are as follows:
Explain how assistance from the city would benefit the: Local economy; city tax revenue; the facility’s standing in the league; and city identity. How will the renovation be funded?

Sample Solution

Good morning, City Council members.

My name is [your name], and I am the executive of the [your team] sports franchise. I am here today to ask for your assistance in either building or renovating our stadium.

Our current stadium is over 30 years old, and it is no longer meeting the needs of our team or our fans. It is outdated, inefficient, and it does not generate the revenue that it once did.

We believe that a new stadium would be a major economic driver for our city. It would create jobs during construction and operation, and it would attract new businesses and tourists to the area.

A new stadium would also generate significant tax revenue for the city. In addition to property taxes, we would pay sales taxes on tickets, concessions, and merchandise. We would also generate hotel taxes from visitors who come to town to see games.

A new stadium would also improve our team’s standing in the league. Our current stadium is one of the oldest in the league, and it is not as attractive to free agents or corporate sponsors. A new stadium would give us a competitive advantage and help us attract top talent.

Finally, a new stadium would enhance our city’s identity. It would be a symbol of our city’s pride and vitality, and it would be a destination for people from all over the region.

We believe that a new stadium would be a win-win for our team, our city, and our fans. We are committed to funding a significant portion of the project, but we are asking for the city’s assistance in making this project a reality.

We have developed a detailed plan for funding the project. We would use a combination of private financing, public financing, and naming rights. We believe that this plan is feasible and sustainable.

We are confident that a new stadium would be a major asset to our city. We urge you to approve our request for assistance. Thank you for your time.

In addition to the economic benefits I have already mentioned, a new stadium would also have a number of other positive impacts on our city. It would:

Increase civic pride
Attract new businesses and residents
Enhance the city’s tourism appeal
Provide a safe and convenient venue for large events

I believe that a new stadium would be a wise investment for our city. It would generate significant economic benefits, improve our team’s standing in the league, and enhance our city’s identity. I urge you to approve our request for assistance.

Thank you.

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