CoC – Arena and Sports Training Center Development – Iowa - Project Profile

Synopsis


"CoC Arena and Sports Training Center Development Iowa - 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 "CoC Arena and Sports Training Center Development Iowa - Project Profile" is part of Timetrics 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.

Summary


City of Coralville (CoC) is building an arena and sports training center in Coralville, Iowa, the US.

The project involves the construction of 72.8ha arena and a sports training center. It is being developed in two components.

The first component includes the construction of a 5,700-seat arena, and the second includes the construction of a two-level sports training center with 3,251m2 of training space for athletes on the upper level, and 3,251m2 of playing courts on the lower level.

JLG Architects has been appointed as architect and C.H. Johnson Consulting, Inc as financial advisor for the project.

In March 2015, City officials submitted a pre-application requesting US$12 million in funding from the Iowa Economic Development Authoritys Reinvestment District program for the project. The Citys investment in this project will be a donation of property. An exception of the parking facility the other elements of the project will be funded privately through fundraising and/or private financing.

In May 2015, City officials and partners, including the Iowa City/Coralville Area Convention and Visitors Bureau, presented the project to the Iowa Economic Development Authority (IEDA) board.

On June 2, 2015, the IEDA board given preliminary approval for more than US$9.5 million in funding and invited the City to submit a full application.

In March 2016, City officials submitted a final application for funding from the IEDA.

In November 2017, Mortenson Construction was appointed as construction contractor.

On September 28, 2017, site preparation works commenced.

Stafford Sports, LLC has been appointed as consulting engineer.

On March 27, 2018, CoC approved US$50 million in loans for the project.

Underground plumbing work has been completed.

CoC is in the process to start pilling works on the project. Construction works are expected to be completed by August 2019.

Scope


The project involves the construction of 72.8ha arena and sports training center in Coralville, Iowa, the US.

The US$46 million project includes the following:

1. Construction of a 5,700-seat arena

2. Construction of a two-level sports training center

3. Construction of 3,251m2 of training space

4. Construction of 3,251m2 of playing courts

5. Construction of parking and related facilities

Reasons To Buy


Gain insight into the project.

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