Report Overview
Synopsis
"AB - Braves Spring Sports Complex - Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "AB - Braves Spring Sports Complex - Florida - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Scope
The project involves the construction of a sports complex on 28.3ha of land in North Port, Florida, the US.
The US$100 million project includes the following:
1. Construction of an 8,000-seat stadium
2. Construction of a baseball academy
3. Construction of suites
4. Construction of a 5,110m2 clubhouse
5. Construction of six practice fields
6. Construction of locker rooms
7. Construction of an office space
8. Construction of 750 parking spaces
9. Installation of audio systems
10 Installation of lighting systems
11. Installation of safety and security systems
12. Construction of related facilities
Summary
The Atlanta Braves (AB) is undertaking the construction of a sports complex in North Port, Florida, the US.
The project involves the construction of a sports complex on 28.3ha of land. It includes the construction of an 8,000-seat stadium(including 6,200 in fixed seats, 800 in general-admission areas and 1,000 in berm seating), a baseball academy, suites, 5,110m2 club house, six practice fields, locker rooms, an office space, 750 parking spaces and related facilities, and the installation of audio systems, lighting systems and safety and security systems.
Sarasota County will contribute US$22.1 million from hotel and motel tax revenue.
In January 2017, AB unveiled the project plans.
On February 28, 2017, Sarasota County Planning Board approved the letter of intent.
On May 23, 2017, AB received the preliminary planning approvals.
Sarasota County will provide US$21.3 million of the construction cost, the state of Florida US$14.4 million and North Port US$4.7 million. (The state’s commitment is US$20 million over 20 years, but that includes interest payments.)
AB will provide the remaining US$55.5 million through a combination of up-front payments (about US$18 million for architectural, engineering and construction fees and costs) and annual payments over 30 years (sufficient to cover debt service on US$37.5 million in bonds)
On September 19, 2017, AB secured final planning approvals for the project.
On October 12, 2017, Tandem Construction and Barton Malow has appointed as construction contractor for the project.
On October 16, 2017, groundbreaking ceremony was held marking the start of construction and slated for completion by February 2019.
Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
Key highlights
Table Of Contents
Table Of Contents
1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix