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HomeMy WebLinkAboutI. C. SPORTSPLEX OVERVIEW 9.24.24Virginia Beach Sportsplex Michael Kirschman | September 24, 2024 History •Opened in 1999. •Initially operated by CVB. Transferred to P&R in 2003. •P&R operated until 2009. At that time City chose to outsource operations. Hometown Sports Management, LLC (HSM) took over the management, operation, and maintenance of the Sportsplex Stadium and USA Regional Field Hockey Training Center facilities through 2025. •The 2009 contract is now nearing its completion. At HSM’s request & Council direction, P&R re-bid the contract. HSM was the sole bidder. •If the ordinance to execute new management agreement with HSM for the Sportsplex and USA Regional Field Hockey Training Center is accepted, HSM will continue management of the facility until at least 2045 (20-year term). 2 Updated Facade Capital Investments by City to Date City CIP Projects •FY17 Sportsplex Roof Replacement ($300K) •FY17 Sportsplex partial HVAC Rooftop Units Replacement ($15K) •FY18 Sportsplex Grandstand Repairs Study ($35K) •FY18 Sportsplex Drainage Repairs ($25K) •FY19 Field Hockey Light Foundation Cracks ($205K) •FY20 Sportsplex HVAC System Replacement ($270K) •FY21 Sportsplex Structural Repairs Phase I ($2.6M) •FY22 Sportsplex Structural Repairs Phase II (3.5M) underway •FY24 Sportsplex Scoreboard Replacement ($1M) underway •FY25 Sportsplex Electrical, Plumbing and Seating Repairs/Replacement (TBD) •FY26 Sportsplex Interior Painting & Flooring Replacements, etc. (TBD, funding needed) Sports Tourism CIP Improvements - $4,138,500 •FY25 Sportsplex Artificial Turf Replacement •FY25 Sportsplex Two New Turf Fields •FY25 Sportsplex Flatten Berm for Training Area •FY25 Field Hockey Lights on Field #2 3 Current Key Operating Terms •HSM responsible for supervision, management, scheduling and operation, all facility utilities, and routine maintenance / repairs of facilities (under $10k) and parking lots. •HSM must conduct at least 35 events per calendar year at each facility •Revenue share – 5% of annual gross revenue above $850,000 for Sportsplex and $400,000 for the USA Regional Training Center (none to date) •P&R provides agreement oversight and contract management. •P&R is responsible for capital maintenance, repairs, and replacement above $10,000.Field Hockey Complex + Practice Fields 4 Proposed Key Operating Terms •HSM is responsible for the supervision, management, scheduling and operation, all facility utilities, and routine maintenance/repairs of facilities (excluding parking lots) (under $10k). •HSM will be responsible for ordinary grounds and building maintenance at the Facility. •HSM must conduct at least 70 events per calendar year at each facility. •HSM must revenue share with P&R – 5% of annual gross revenue above $1,100,000 for Sportsplex and USA Regional Training Center. •P&R will be responsible for the facilities’ City parking areas, including maintaining or replacing any landscaping, including trees and shrubs and replacing any light poles and lights. •City CIP funding to remain at $726,135 with $50k of that set aside for smaller repairs needed and agreed upon by both parties. Sportsplex Stadium – Exterior & Interior 5 Questions? Upgrades & Updates Outstanding Issues Questions? Thank You.