Its official.....Cedar Park Mayor Bob Lemon signed a contract with Hicks Sports Management Group (HSG) Wednesday night for a new event center. The groundbreaking is set for May 2008 with a scheduled opening in October 2009.
Not only will Cedar Park get a complex out of the deal -but HSG, (owners of the Dallas Stars and Texas Rangers) said it will bring its American Hockey League affiliate - the Iowa Stars - to Cedar Park and will name them the Texas Stars.
According to the Hill Country News, for the past 6 years the city has tried to get an event center but were unsuccessful until Wednesday 2/20/08.
The Cedar Park Event Center will cost approximately $55 million, of which $43 million will come from the city. HSG will foot $12 million of the cost -which works out to be approximately 22 percent. Worked into the deal, the city will receive half of all ticket fees (not the actual ticket cost but the "fees" that will be tacked on to the cost of a ticket). The city will also draw sales tax from the actual cost of the ticket, any beverages or food sold inside, any parking or any merchandise sold.
Where will the event center be located? The northwest corner of the New Hope Road-183A intersection, the front of the event center will face east. The event center will be built to seat 6,800 for hockey games and 8,700 for concerts or 7,200 for concerts when retractable seats are removed. Planning includes 2,500 parking spots on the site and for special events the ffacility event floor can accommodate approximately 1,900 folding or stacking chairs for concerts and other special event. The center will also include a club level on the south side and lounges on the suite level. Six main concessions are planned in addition to fixed or portable condiment stands.
For more on the event center accommodations visit Hill Country News.
Soure: Scott McDonald, Hill Country News
Comments (0)Subscribe to CommentsComment