Alachua County Board of County Commissioners Request for Letters of Interest Private Sector Partners for the Development of the County’s New Fairgrounds.

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Presentation transcript:

Alachua County Board of County Commissioners Request for Letters of Interest Private Sector Partners for the Development of the County’s New Fairgrounds and Transforming the Existing Fairgrounds Site into a Business/Commerce Park

Location Map Existing and Future Fairgrounds Sites

Public Private Partnership to Develop Fairgrounds Request for letters of interest from private sector Assistance with financing and development of new Fairgrounds Private sector redevelopment of old Fairgrounds site

Components of the new Fairground 50,000 sq. ft. Arena/Coliseum with 5,000 permanent seating and space for 2,500 temporary seating, and 10,000 sq. ft. of meeting/office space 48,000 sq. ft. Multi-Purpose Auditorium/Exhibition Hall 50,000 sq. ft. Covered Equestrian/Livestock Arena, with tent pads and animal barns Midway and Events Lawn Parking

New Alachua County Fairgrounds Master Plan

New Alachua County Fairgrounds Master Plan - Phase I

The estimates costs for construction of Phase I of the Fairgrounds Exhibition Building: 46,000-50,000 gsf = $8,500,000 Covered Arena: 56,000 gsf = $3,600,000 Open Warm-up Arena: 15,000 gsf = $100,000 Animal Tent Pads: 65,000 gsf = $200,000 Gates/Portals/Graphics: 2 = $80,000 Fencing: 4,000 lf = $160,000 Events Lawn: 9 acres = $720,000 Paved Parking: $600,000 RV Connections: 50 = $150,000 General Site Development: $4,500,000 Fixtures/Furnishings/Equipment: $500,000(allowance)___________________ Subtotal: $19,110,000 Contingency: $1,900,000 Architectural Fees and Related Soft Costs: $1,300,000 Order of Magnitude Projected Cost: $22,310,000

Cost Estimates for Construction of Fairgrounds - Phase I Order of Magnitude Projected Cost, including Architectural Fees, Related Soft Costs and Contingency: $22,310,000 Order of Magnitude Financing Available, without Committing General fund to Debt Service: $12,000,000

Existing Alachua County Fairgrounds Property

Representative Uses Allowed in Business Industrial (BI) Zoning

Potential Private Sector Incentives Long-term, low-cost land lease Qualified Targeted Industry Tax Credits Tax Credits and other incentives available by location Gainesvile CRA and Enterprise Zone

Recommendations Authorize staff to distribute Request for Letters of Interest from private sector to partner with the County to develop its new Fairgrounds and redevelop the existing Fairgrounds site Requests responses be submitted by April 1, 2011