Agenda - 02-10-2009 - 1 - Laserfiche WebLink

Browse Search

10 Project Prospectus prepared for Orange County Twin Creeks Family Recreation Center Executive Summary Purpose To build a sport, recreation and child carelactivity center utilizing aprivate/public partriership between Orange County and Recreation Partners on the County owned Park Property known as Twin Creeks. This could be a combination outdoor and indoor facility. Back4round It is assumed that there is a strong demand for quality recreation, child care and activity based services for the growing needs of Orange County residents. Outdoor fields can support some of this demand but there remains a need for seasonal infrastructure as well as providing a safe and environmentally protected environment for the needs of young children. The indoor facility also contemplates a hardwood gym for related activities under the assumption this type of space is also in scarce supply throughout Orange County. Recreation Partners (RP) has a proven track record operating the Triangle Sportsplex without seeking additional County fundslsubsidies to sustain operations. RP has a long history of being NC's leading provider of quality recreational sports and programming in a family friendly, safe and clean environment. Programming includes early childhood development programs, youth and adult training and leagues across multiple sports. RP facilities offer a wide range of sports activities: Soccer programs for youths starting at the age of eighteen months and adults, lacrosse, basketball, volleyball and baseball programs. After school, summer camp and intersession programs provide an active alternative to traditional day care programs. Proiect Scope RP Deliverables: • 60,000 Square feet in-door Turf, Court and child camp facility. • Building constructed by a RP partner builder of commercial buildings in the Triangle for over 35 years. • Building, Up fit and Sports Equipment provided as a complete Turnkey. County Deliverables: • Orange County to subsidize $175,000 Year One Start-up Costs. Project fully breakeven Year two onward. • Contribute land to the project. Optional Synergies: Potential further synergy with RP providing all outdoor programming (it is projected that if the Outdoor programming were to be part of the publidprivate partnership that the incremental revenue from the outdoor fields to the venture would make the project breakeven at year one and not require the $175,000 first year subsidy. Potential to add a seasonal outdoor ice rink as a major Oranae County destination attraction. This could be operational by Fall 2009.