Economic Impact

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Economic Impact Sports Development Opportunity City of Milford FC Cincinnati Clermont County Convention & Visitors Bureau City of Milford Michael Doss City Manager, City of Milford 513-831-4191 745 Center St. Suite 200 Milford, OH 45150 1 City of Milford > Genesis of Soccer to Milford • Expressway Park Site Tangibles. • City of Milford/Clermont County Tangibles. 2 Partnership with FC Cincinnati > FC Cincinnati to Major League Soccer > International Exposure= Economic Development Opportunities > MLS Professional Franchise in City of Milford/Clermont County 3 4 5 FC Cincinnati Training Facility and Soccer Academy Overivew > World Class Training Facility • MLS Team Practices • FIFA World Cup > Academy System for Development of Youth Teams • MLS Development Teams • Community Partnerships/Relationships 6 FC Cincinnati Jeff Berding President and General Manager, FC Cincinnati 513-977-5425 14 East 4th St. 3rd Floor Cincinnati, OH 45202 7 FC Cincinnati Overview > Overview of FCC > The need for world class training facility > Benchmark ATL United > World Cup 2026 8 FCC Operations > Concept Site Plan for Expressway Park Redevelopment (note that this is preliminary, and in process of being changed in consultation with our engineering team. > The site contains the following: • First Team Building • Academy/Locker Building • 500 Seat Grandstand with Canopy • Building & Grounds Facility • Associated parking, landscape buffering, etc. • Concept “Vision Renderings” of the First Team Building (Preliminary and intended need to convey image/vision of building only.) 9 Vision Renderings Conceptional renderings only. Final designs will be released at a later date. 10 Vision Rendering Conceptional renderings only. Final designs will be released at a later date. 11 Vision Rendering Conceptional renderings only. Final designs will be released at a later date. 12 Vision Rendering Conceptional renderings only. Final designs will be released at a later date. 13 Vision Rendering Conceptional renderings only. Final designs will be released at a later date. 14 Property Layout Conceptional renderings only. Final designs will be released at a later date. 15 FCC Operations > Professional MLS Team > Soccer Developmental Academy > Tournaments and Showcases > Partnerships utilizing other soccer facilities in Clermont County such as Finley Ray and Olympic Fields. > FC Cincinnati ownership will invest $20 million plus into the new training center. 16 FC Cincinnati Soccer Academy and Tournaments % non-local # of Academy League Games Information Frequency Length (Days) # of Teams # Specators/Player (outside of 90 Players/Team min) Academy Home Games 36 Games (12 per team) 1 6 per Home Game 20 3,600 (100 per home game) 80% % non-local Event Name/Information Length (Days) # of Total Teams # of Players/Team # Specators/Player (outside of 90 min) College Showcase 3 200 16 2 75% 3v3 Tournament 2 100 6 2 50% High School Showcase 2 100 18 2 50% Adult 7v7 Event 2 100 12 2 50% Youth Tournament 2 400 16 2 75% > Projected Events > Template above is expected to take 2-3 years to build projected numbers. 17 Practice Facility Location > Why Milford and Clermont County? • Great location • Milford site met FCC facility criteria • Accessibility from I-275 and US 50 • Amenities • Visibility • Progressive Partnerships 18 Clermont County Convention & Visitors Bureau James A. Comodeca Chairman of the Board, Clermont County Convention & Visitors Bureau 513-227-8358 [email protected] Jeff Blom President, Clermont County Convention & Visitors Bureau 513-732-3600 [email protected] 410 East Main St. Batavia, OH 45103 19 Mission and Strategy Mission Statement- The Clermont County Convention & Visitors Bureau is a professional destination marketing and sales organization, whose mission is to strengthen the community by generating economic growth and vitality through tourism , overnight stays and encouraging visitor spending in the local tourism economy. Sports Market Strategy- • Facilitate discussion with developers for new sports venues. • Utilize and enhance assets for youth and adult sports. • Bring visitors to Clermont County • Increase number of visitors and hotel overnight stays in Clermont County. 20 Sports Development Research > Research conducted by Sports Facility Advisory (SFA) located in Clearwater, FL. 21 Visitor Spending 22 Economic Impact > The programs and events hosted through the practice facility are expected to generate approximately $6.8 million of direct spending annually from activities taking place at the practice facility and supporting fields in the market. If the spending by visitors that can be hosted at just the practice facility are isolated, the facility is expected to generate $1.6 million of direct spending annually. 23 Support from Hotel Partners > Letter of support from the following hotel: • Holiday Inn & Suites Cincinnati- Eastgate (Union Township) • Hilton Garden Inn (Miami Township) • Homewood Suites (City of Milford) 24 Closing Remarks > This project will not happen without the 1% lodging tax increase > This is the only project that meets the legislative requirements for the increase > Almost exclusively, this transient tax will be paid by VISITORS to Clermont County, not residents > Significant ROI for a public/private partnership > Additional, in-direct economic drivers > Association with one of the hottest brands in the country 25.
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