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In: Finance

Securing Funds for Sports Construction Using the Internet investigate the construction of a sport facility built...

Securing Funds for Sports Construction
Using the Internet investigate the construction of a sport facility built in the past five years. Indicate the financial costs of construction, tax breaks, and other significant fiscal issue related to the construction. Who built the facility? Who was the architect that designed it? What events are held in the facility? What have been the attendance numbers since it was built? Has the facility been a successful ‘ROI’ for the owners? Explain.

Solutions

Expert Solution

It depends the size of contruction you want to build,what activities you want to host, the area you are selecting etc. This includes asking questions about what sports you need areas for as well as what age groups you plan to serve.

Depending on where your land is, your town or state will have different building regulations. It’s imperative to understand them and ensure your plan is in accordance with them before you dig the first hole. You must present your plans to your local municipality for approval

The first important one is artificial grass or real grass? The two have their pros and cons. One important thing to remember is that turf grass gets a lot warmer a lot quicker than its natural counterpart. That’s important to know for hot weather safety precautions.

If you go with natural grass, you need to think about:

  • Sod vs. sprigs vs. seed
  • Planting rate
  • Planting dates
  • Fertilizer
  • Herbicide applications
  • Tillage
  • Rolling
  • The next big issue you have to take into consideration is severe weather safety. Depending on your location, there are a lot of different weather threats that can damage complexes, injure players and guests, and even kill.

new sports complex is lighting. Even if you don’t plan to host night games, you need lighting for security purposes.

The best practice today is to use LED lighting. We know that utilities present a significant expense to a sports complex’s day-to-day operations. If you decide to use LED lightning in your sport complex design, you can drastically reduce your monthly electric bill.

Last most importantly is parking facility. If you want to compete with other facilities for hosting lucrative tournaments, you need to meet minimum parking per event criteria.

The question is not clear about the type of facility and the are so cost can vary.


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