News Archives | Page 2 of 4 | Stone Planning LLC

Stone Planning Selected to Study New Events Center in West Fargo, ND

Stone Planning has been hired by the City of West Fargo (ND), the Red River Valley Fair Association, and the Fargo-Moorhead West Fargo Convention & Visitors Bureau to complete a feasibility and economic impact study for a new events center at the Red River Valley Fairgrounds. The study will include an analysis of the local market and its visitor infrastructure, analysis of existing local/regional facilities and comparable facilities in other markets, interviews with local stakeholders, and facility recommendations regarding square footage and type of spaces, the need for additional development such as hotel rooms, and others. Should the facility be deemed viable based on market factors, we will then forecast its future operations (events and attendance, revenues and expenses) and economic impacts.

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Stone Planning Selected as the CRDA’s On-Call Economic Impact Consultant

Stone Planning has been hired as the economic impact consultant to New Jersey's Casino Reinvestment Development Authority. Since 1984, the CRDA has invested more than $1.8 billion in over 400 projects across the state, including residential, commercial, cultural, sports and entertainment, and other developments. The CRDA owns Atlantic City's Boardwalk Hall (a 10,500-seat arena) and the 500,000-square foot Atlantic City Convention Center, and has helped to fund the Atlantic City Marathon Series, concerts and festivals, and other special events. It has also invested in other development and improvement projects, including renovations and expansions of casino resorts and Atlantic City's famed Boardwalk. As needed, Stone Planning will provide economic impact analyses for the CRDA's projects and investments.

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Stone Planning Hired to Estimate Economic Impacts of Hartford’s XL Center

Stone Planning has been hired to estimate the economic and fiscal impacts of the XL Center, which is the home of the AHL's Hartford Wolf Pack and University of Connecticut hockey, and the part-time home of UCONN's men's and women's basketball programs. The facility's owner, the Capital Region Development Authority, is contemplating a $100-million renovation that would include improvements such as premium and other group seating areas, additional restrooms and concessions, building systems/infrastructure, and others. The estimates of past and future economic and fiscal impacts (and the incremental impacts resulting from renovations) will assist in the CRDA and state's analysis of investing in the proposed improvements.

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Stone Planning to Assist in Planning Efforts for New Los Angeles Clippers Arena

Stone Planning has been hired by the City of Inglewood, California to provide analyses that will aid in the completion of the Inglewood Basketball and Entertainment Center's environmental impact report, to be completed by Environmental Science Associates of Sacramento. The arena is planned to open in 2024 as the new home of the NBA's Los Angeles Clippers. Our work will ultimately assess the share of arena usage that will be new to the market (compared to transferred from existing venues in the Los Angeles metro area), which will help to drive estimates of the facility's incremental environmental impacts. In order to prepare these estimates, we will provide a competitive analysis of the current sports and entertainment facility and events market, interview stakeholders such as event promoters and facility operators, provide case-study analysis of other markets with similar dynamics, and review arena usage estimates prepared by the Clippers. ​

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Seattle City Council approves $700 million renovation of KeyArena

The Seattle City Council took the final step Monday toward allowing a redevelopment of KeyArena that could mean the National Hockey League playing in Seattle by 2020. ​ In a unanimous vote, the council approved lease and development agreements that will allow the Oak View Group to demolish the existing KeyArena and replace it with a new facility. ​See below for more from the Seattle Times.

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Virginia Beach Releases Studies on Proposed New Entertainment Venue and Surf Park

VIRGINIA BEACH, Va. (WVEC) — The City of Virginia Beach has released the results of several studies on how a proposed new Oceanfront surf park would affect the area. The project turns the area into a multi-use entertainment epicenter. Portions of the property will become an indoor and outdoor event center, as well as a surf park. Singer and Virginia Beach native Pharrell Williams is partnering with the city on the project.

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Stone Planning to Study Recreation Center Needs for Clarion, Iowa

Stone Planning has been hired by the City of Clarion, Iowa to help in the planning of new recreation facilities in the city, as part of its process to secure facility funding through the Vision Iowa program. The study will include an analysis of existing facilities available to residents, a market analysis that will include stakeholder and resident input as well as the operations of comparable facilities in the state, an analysis of potential site options, and a business plan that will include operating projections and economic impacts, job creation, and other local benefits.

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