San Bernardino Plaza

Total Page:16

File Type:pdf, Size:1020Kb

San Bernardino Plaza SAN BERNARDINO PLAZA $2,400,000.00 OFFERING MEMORANDUM Legendary 764 Inland Center Drive, San Bernardino, California, 92408 COMMERCIAL REAL ESTATE The information contained herein was derived from sources deemed reliable. Though we do not doubt its accuracy, we do not guarantee it. SAN BERNARDINO PLAZA 764 Inland Center Drive, San Bernardino, California, 92408 Legendary Legendary Commercial Real Estate (“Legendary CRE”), The Purchaser is aware that Legendary CRE, is authorized COMMERCIAL REAL ESTATE (Broker), have been appointed by Owner as its exclusive to represent Seller for the purpose of effecting a sale agent in connection with the sale of San Bernardino of the Property, and all negotiations shall be conducted a representative of Seller or Broker on such inspection. Plaza located at 764 Inland Center Drive, San Bernardino, exclusively through Legendary CRE/Armando Aguirre, The Purchaser further agrees that unless and until a Califronia, 92408 (“Property”). Broker has prepared a listing broker. The Purchaser understands that Broker definitive agreement with respect to the purchase of the Confidential Offering Memorandum (the “OM”) and other may be negotiating on behalf of Seller with other Property has been executed by both Seller and Purchaser promotional material which describe the property. prospective Purchasers. and delivered to Seller, neither Broker nor the Seller will be under any legal obligation of any kind whatsoever with The OM, promotional material, and as well as other The Purchaser understands that neither Broker nor respect to such purchase by virtue of this Agreement or information (together the “Evaluation Material”), which the Seller nor any of the Seller ’s representatives or any written or oral expression made by Broker or any of Broker or Owner has furnished or may furnish to the advisors have made or make any representation or the Seller’s directors, officers, employees, agents or any undersigned Prospective Purchaser (the “Purchaser”), warranty, express or implied, as to the validity, accuracy other representatives. is confidential in nature and is intended solely for your or completeness of the Evaluation Material and have limited use and benefit for the purpose of evaluating not independently verified the Evaluation Material. The Broker and the Seller may elect at any time to terminate and determining whether you desire to express further Purchaser understands that some information contained further access by the Purchaser to the Evaluation Material, interest in a potential acquisition of the Property. Should in the Evaluation Material consists of summaries or or Purchaser may elect to cease all actions in connection the undersigned Purchaser wish to obtain a copy of compilations. The Purchaser understands that nothing with Purchaser’s evaluation of the possible purchase of the Evaluation Material, please sign this Prospective in the Evaluation Material shall be deemed to constitute the Property. Under either circumstance the Purchaser Purchaser Confidentiality Agreement where indicated a representation or warranty or promise, express or agrees that the Purchaser will automatically, promptly below, acknowledging agreement of Prospective implied, as to the future performance of the Property. return to Broker the Evaluation Material, whether such Purchaser to the terms and conditions below. Upon Purchaser understands that neither Broker nor the Seller materials are in written printed, scanned, emailed, or acceptance of the agreement Legendary CRE’s Broker nor any of the Seller ’s representatives or advisors faxed form, digital form, computer diskettes, CD, USB, or will furnish the Evaluation Material to the Prospective represent that the information provided to the Purchaser other form, and will not retain any copies, notes, or other Purchaser. is all the information that the Purchaser should review reproductions of the Evaluation Materials in whole or in in connection with the Property, and that neither Broker part. Purchaser hereby agrees that the Evaluation Material will nor the Seller is under any obligation to correct any be used solely for the purpose of evaluating a possible inaccuracies or omissions. The Evaluation Material This Agreement shall be governed and construed in purchase of the Property, that said Evaluation Material may be modified, supplemented, amended, suspended, accordance with the laws of the State of California. shall be kept strictly confidential by the Purchaser and or withdrawn at any time by Seller in its sole and By execution of the Agreement below, the Purchaser the Purchaser’s representatives and advisors (“Permitted absolute discretion. It is understood that the Purchaser agrees to be bound by the terms and conditions set forth Parties”) and, except as may be required by law, the is expected to perform such due diligence, investigations herein. Upon acceptance by the Seller and/or Broker, this Purchaser will not disclose or cause to be disclosed to and inspections of the Property as the Purchaser deems fully executed Agreement will constitute our complete any person, firm or entity whatsoever the Evaluation necessary or desirable and as permitted by agreement understanding with respect to the subject matter of this Material; provided, however, that any of such information with Broker and the Seller . Agreement, and the Evaluation Material will be provided may be disclosed to the Purchaser’s directors, officers, to Purchaser. employees, affiliates and representatives who need to The Purchaser agrees that neither the Purchaser nor ARMANDO ARMANDO know such information for the purpose of evaluating any the Permitted Parties will inspect the Property or Legendary Commercial Real Estate such possible purchase and who have agreed to be bound communicate with the tenants or their employees, leasing 1725 Camino Palmero St. #430 by the terms of this letter agreement. The Purchaser will agents or Property staff without the prior permission of Los Angeles, CA 90046 be responsible for any unauthorized disclosure by them the Seller or Broker and that the Purchaser and/or the PH. 213.926.5595 Legendary COMMERCIAL REAL ESTATE of any of the contents of the Evaluation Material. Permitted Parties may be required to be accompanied by BRE No. 01245842 www.legendarycre.com Legendary Commercial | 1725 Camino Palmero Ste. 430, Los Angeles, CA 90046 | www.legendarycre.com BRE No. 01245842 PH. 213.926.5595 2 The information contained herein was derived from sources deemed reliable. Though we do not doubt its accuracy, we do not guarantee it. SAN BERNARDINO PLAZA 764 Inland Center Drive, San Bernardino, California, 92408 Legendary COMMERCIAL REAL ESTATE TABLE OF CONTENTS • THE OPPORTUNITY Page PROPERTY SUMMARY & INVESTMENT HIGHLIGHTS....................................................4 LOCATION OVERVIEW......................................................................................................5 • THE PROPERTY San Bernardino Plaza PROJECT PHOTOS & AERIALS....................................................................................6-8 CENTER'S SITE PLANS & CLOSE UP AERIAL.................................................................9 TRADE AREA AERIAL.....................................................................................................10 PARCEL MAP....................................................................................................................11 LOCATION & FREEWAY MAPS........................................................................................12 • THE MARKET DEMOGRAPHICS SNAP SHOT........................................................................................13 DEMOGRAPHICS AND RETAIL SALES VOLUME.......................................................14-15 • FINANCIAL ANALYSIS San Bernardino Plaza PROJECT INCOME & EXPENSE......................................................................................16 RENT ROLL......................................................................................................................17 LEASE COMPS................................................................................................................18 SALES COMPS...........................................................................................................19-20 ARMANDO AGUIRRE SHERETTA MORRIS Founder | Corporate Broker Leasing Specialist License No. 01245842 License No. 01739452 213.926.5595 Legendary 213.842.2670 [email protected] COMMERCIAL REAL ESTATE [email protected] San Bernardino Plaza Legendary Commercial | 1725 Camino Palmero Ste. 430, Los Angeles, CA 90046 | www.legendarycre.com BRE No. 01245842 PH. 213.926.5595 3 The information contained herein was derived from sources deemed reliable. Though we do not doubt its accuracy, we do not guarantee it. SAN BERNARDINO PLAZA 764 Inland Center Drive, San Bernardino, California, 92408 Legendary COMMERCIAL REAL ESTATE PROPERY SUMMARY INVESTMENT HIGHLIGHTS Property Address: San Bernardino Plaza 764 Inland Center Drive • Investment, Owner User or NNN Sale-Leaseback Opportunity with a Shiekh Shoes San Bernardino, California, 92408 Outlet Store - 10% Rental increases every 5 years throughout the Initial Term and Options - Shiekh Shoes is a major retailer in the Shoe and Apparel Industries with Shiekh Shoes Outlet Tenant: more than 146+ locations across California, Nevada, Arizona, Texas, New Mexico, Property Type: Retail Strip Center Oregon, Illinois, Michigan, Washington and more. Gross Leasable Area: ±16,752 Gross Square Feet •
Recommended publications
  • FRED NEUFELD (State Bar No
    Case 6:12-bk-28006-MJ Doc 1837 Filed 05/27/16 Entered 05/27/16 21:36:07 Desc Main Document Page 1 of 157 1 PAUL R. GLASSMAN (State Bar No. 76536) FRED NEUFELD (State Bar No. 150759) 2 JAMES O. THOMA (State Bar No. 133329) MARIANNE S. MORTIMER (State Bar No. 296193) 3 KATHLEEN D. DeVANEY (State Bar No. 156444) STRADLING YOCCA CARLSON & RAUTH 4 A Professional Corporation 100 Wilshire Blvd., 4th Floor 5 Santa Monica, CA 90401 Telephone: (424) 214-7000 6 Facsimile: (424) 214-7010 E-mail: [email protected] 7 [email protected] [email protected] 8 [email protected] [email protected] 9 GARY D. SAENZ (State Bar No. 79539) 10 CITY ATTORNEY 300 North “D” STREET, Sixth Floor 11 San Bernardino, CA 92418 Telephone: (909) 384-5355 12 Facsimile: (909) 384-5238 E-mail: [email protected] 13 Attorneys for Debtor 14 City of San Bernardino 15 UNITED STATES BANKRUPTCY COURT 16 CENTRAL DISTRICT OF CALIFORNIA RIVERSIDE DIVISION 17 18 In re Case No. 6:12-bk-28006-MJ 19 CITY OF SAN BERNARDINO, Chapter 9 CALIFORNIA, 20 CITY’S SUBMISSION OF REDLINED Debtor. COMPARISON OF ITS THIRD AMENDED 21 DISCLOSURE STATEMENT OVER THE SECOND AMENDED DISCLOSURE 22 STATEMENT [DOCKET NO. 1774] 23 Hearing Date: June 16, 2016 24 Time: 1:30 p.m. Place: Courtroom 301 25 3420 Twelfth Street Riverside, CA 92501-3819 26 27 28 STRADLING YOCCA CARLSON & RAUTH LAWYERS S ANTA MONICA DOCSSM/3026728v1/200430-0003 Case 6:12-bk-28006-MJ Doc 1837 Filed 05/27/16 Entered 05/27/16 21:36:07 Desc Main Document Page 2 of 157 1 TO THE HONORABLE MEREDITH A.
    [Show full text]
  • Here Is Some Text
    TABLE OF CONTENTS EXECUTIVE SUMMARY .......................................................................................................................4 ES-05 Executive Summary – 24 CFR 91.200(c), 91.220(b) .................................................................. 4 THE PROCESS ................................................................................................................................... 10 PR-05 Lead & Responsible Agencies - 91.200(b) ............................................................................... 10 PR-10 Consultation - 91.100, 91.200(b), 91.215(l) .............................................................................. 11 PR-15 Citizen Participation - 91.401, 91.105, 91.200(c) ..................................................................... 20 NEEDS ASSESSMENT ........................................................................................................................ 43 NA-05 Overview .................................................................................................................................. 43 NA-10 Housing Needs Assessment - 24 CFR 91.405, 24 CFR 91.205 (a,b,c) .................................... 43 NA-15 Disproportionately Greater Need: Housing Problems - 91.405, 91.205 (b)(2) ........................ 48 NA-20 Disproportionately Greater Need: Severe Housing Problems - 91.405, 91.205 (b)(2) ............ 56 NA-25 Disproportionately Greater Need: Housing Cost Burdens - 91.405, 91.205 (b)(2) .................. 61 NA-30 Disproportionately Greater
    [Show full text]
  • San Bernardino City Unified School District
    SAN BERNARDINO CITY UNIFIED SCHOOL DISTRICT MINUTES Minutes of a Regular Meeting of the Board of Education ADOPTED Community Room 9/10/13 Board of Education Building 777 North F Street San Bernardino, California August 6, 2013 5:30 p.m. Present: President Barbara Flores; Vice President Michael Gallo; Board Members Margaret Hill, Judi Penman, Bobbie Perong, Lynda Savage, and Danny Tillman; Superintendent Dale Marsden; Deputy Superintendent Harold Vollkommer; Assistant Superintendents Kennon Mitchell, John Peukert, and Matty Zamora; and Fiscal Services Director Janet King. Minutes recorded by Administrative Assistant Jennifer Owens. SESSION ONE - Opening 1.0 - Opening 1.1 - Call to Order President Flores called the meeting to order at 5:30 p.m. Dr. Flores welcomed Dr. Matty Zamora, Assistant Superintendent, Educational Services, and congratulated Dr. Harold Vollkommer, Deputy Superintendent. 1.2 - Pledge of Allegiance to the Flag The meeting was opened with the Pledge of Allegiance to the Flag of the United States of America. 1.3 - Adoption of Agenda Superintendent Marsden moved Session Six item 6.1 to follow item 1.4. Upon motion by Member Gallo, seconded by Member Tillman, and approved by the affirmative vote of Members Flores, Gallo, Hill, Penman, Perong, Savage, and Tillman (Noes: None), the agenda was approved as amended. 1.4 – Inspirational Reading Barbara Flores read two inspirational passages from Teaching Community. Board of Education Minutes August 6, 2013 SESSION SIX - Administrative Presentation 6.0 - Administrative Presentation 6.1 - Partnerships Dr. Tomas Morales, President, California State University San Bernardino (CSUSB), discussed ways the District and CSUSB are partnering to create a culture of excellence.
    [Show full text]
  • Part 3 Outreach
    Part 3 Outreach The opportunities and constraints are viewed through the lens of High Quality Transit Areas and the principles of transit-oriented communities. Stakeholder Interviews Kick-off Meeting Executive Summary Station Area Profile Outreach Opportunities/Constraints HQTA Kick-off Meeting - 3/13/2018 STAKEHOLDER INTERVIEWS A kickoff meeting was held for the SCAG HQTA Pilot Project within the City of San Bernardino. - General Plan The purpose of this meeting was to bring together City of San Bernardino, Omnitrans, - Last completed in 2005 – missing many of the elements expected for a General SBCTA, SCAG, and the consultant team to discuss coordination and direction of the project. Plan developed today (bicycle and pedestrian focus, etc.) The meeting consisted of introductory comments from the City of San Bernardino and - Potential for General Plan update SCAG followed by a presentation by the consultant team to facilitate discussion of multiple - Would include update of focus area for Downtown topics. Topics of discussion included project goals, the vision plan process and work plan, - If funding not made available for citywide General Plan update, a new stakeholder/community outreach, project area, existing conditions, data requests, and the Specific Plan for Downtown to be developed schedule. The following is a summary of the main discussion items. - Draft Downtown Specific Plan - Draft Downtown Specific Plan developed with AECOM no longer valid Introductory Remarks and Overall Goals - Reconnecting the street grid and adding residential
    [Show full text]
  • Rancho Cucamonga Quakes 2021 Game Notes
    Rancho Cucamonga Quakes 2021 game notes Tuesday, May 4th, 2021 at 7:05 PM Contact: Mike Lindskog San Manuel Stadium Game #1, Road Game #1 [email protected] San Bernardino, CA Rancho Cucamonga QuakeS (0-0) AT Inland Empire 66ers (0-0) RHP Gavin Stone (0-0, 0.00 ERA) vs. RHP Andrew Blake (0-0, 0.00 ERA) TODAY’S GAME: At long last, the 2021 season is finally underway as the Rancho Cucamonga Quakes will open things up with a STANDINGS six-game set on the road against the Inland Empire at San Manuel Stadium. Both teams will be looking to start this long-awaited sea- son with a win on Opening Day. The Quakes will look to get back to their winning ways after finishing 81-56 in their 2019 campaign, NORTH W L PCT GB which was good enough to claim the league’s first half and second half South Division Title. While Inland Empire will look to start a Modesto 0 0 .000 - new trend after a tough 2019 season left them with a 57-82 record. San Jose 0 0 .000 - VS INLAND EMPIRE: This is the first of 30 total meetings between the Quakes and the Inland Empire, and the first of 18 games to Stockton 0 0 .000 - Fresno 0 0 .000 - be played at San Manuel Stadium. In the 2019 season, the Quakes had success against the Inland Empire taking 20 of the 30 games played between these clubs in 2019. The Quakes were comfortable at San Miguel Stadium going 13-3 on the road in 2019, however home field advantage eluded the Quakes as well in the season series as they split with the Inland Empire 7-7 at LoanMart Field.
    [Show full text]
  • 2019 California League Record Book & Media Guide
    2019_CALeague Record Book Cover copy.pdf 2/26/2019 3:21:27 PM C M Y CM MY CY CMY K 2019 California League Record Book & Media Guide California League Championship Rings Displayed on the Front Cover: Inland Empire 66ers (2013) Lake Elsinore Storm (2011) Lancaster JetHawks (2014) Modesto Nuts (2017) Rancho Cucamonga Quakes (2015) San Jose Giants (2010) Stockton Ports (2008) Visalia Oaks (1978) Record Book compiled and edited by Chris R. Lampe Cover by Leyton Lampe Printed by Pacific Printing (San Jose, California) This book has been produced to share the history and the tradition of the California League with the media, the fans and the teams. While the records belong to the California League and its teams, it is the hope of the league that the publication of this book will enrich the love of the game of baseball for fans everywhere. Bibliography: Baarns, Donny. Goshen & Giddings - 65 Years of Visalia Professional Baseball. Top of the Third Inc., 2011. Baseball America Almanac, 1984-2019, Durham: Baseball America, Inc. Baseball America Directory, 1983-2018, Durham: Baseball America, Inc. Official Baseball Guide, 1942-2006, St. Louis: The Sporting News. The Encyclopedia of Minor League Baseball, 2007. Baseball America, Inc. Total Baseball, 7th Edition, 2001. Total Sports. Weiss, William J. ed., California League Record Book, 2004. Who's Who in Baseball, 1942-2016, Who's Who in Baseball Magazine, Co., Inc. For More Information on the California League: For information on California League records and questions please contact Chris R. Lampe, California League Historian. He can be reached by E-Mail at: [email protected] or on his cell phone at (408) 568-4441 For additional information on the California League, contact Michael Rinehart, Jr.
    [Show full text]
  • Part 2 Station Area Profile
    Part 2 Station Area Profile The Station Area Profile is a summary of some of the physical and regulatory conditions currently existing within the study area. Overview San Bernardino High Quality Transit Area Downtown San Bernardino Transit Center Socioeconomic Profile Demographic Profile Employment Profile Employment Trends Previous Planning Efforts Executive Summary Station Area Profile Outreach Opportunities/Constraints San Bernardino High Quality Transit Area OVERVIEW The City of San Bernardino’s HQTA is centrally located in the City’s downtown core, which includes the new San Bernardino Regional Transit Center and the now closed Carousel Mall. The HQTA is as represented in the map at right. It currently includes stops for the San Bernardino Express (SbX) Bus Rapid Transit line, regional and local buses, stops for Metrolink, and stops for the future Redlands Passenger Rail “Arrow” transit line, providing multi-modal access to Downtown San Bernardino. The City has adopted a TOD overlay zone for all properties within half-mile of their SbX BRT stops and will prepare a Downtown Specific 1/2 Mile radius Plan to incorporate TOD principles. The area is about three miles north of Hospitality Lane, which includes a cluster of hospitality and employment activities. HR&A has defined a study area around the center of the Carousel Mall as the Study Area for socio-economic and demographic profile presented on pages 10-12. In addition to the Mall, Theater the Study Area includes a large number of City offices and County facilities, as well as the Courthouse Square 8,000 seat San Manuel Stadium, home of the Inland Empire 66ers, a San Bernardino-based Caltrans minor league baseball team.
    [Show full text]
  • 50 Acres | Yucaipa, Ca
    OFFERING MEMORANDUM IVY AVE CARTER ST JEFFERSON ST THE HOFFMAN COMPANY NORTH BENCH | ±50 ACRES | YUCAIPA, CA The Southern California Office Hoffman 18881 Von Karman Ave, Ste 150 Irvine, CA 92612 EXPIRED TENTATIVE TRACT MAP FOR 50 LOTS Company CA DRE Corp ID #01473762 NEC Jefferson Street & Carter Street, Yucaipa, CA 92399 The Hoffman Company Our Philosophy: We continue to grow, adapt BRYANT BRISLIN and perfect land sales drawing from over 40 (714) 814-5624 years of experience. [email protected] CA DRE #01877964 Our commitment has become even stronger moving into our 5th decade. NICK GIANNINI When you have an asset as valuable as land, it (949) 378-1200 pays to work with the west’s most experienced [email protected] land brokerage firm. CA DRE #01849360 WWW.HOFFMANLAND.COM TABLE OF CONTENTS 01 PROPERTY OVERVIEW 03 MARKET OVERVIEW 5 Site Detail 14 Market Trends: Yucaipa 15 Re-Sale Comparables In Immediate Area 16 New Home Projects: Beaumont 02 MAPS & AERIALS 17 New Home Projects: Calimesa 18 New Home Projects: Redlands 7 Close Up Aerial 19 New Home Projects Location Map 8 Vicinity Aerial 1 9 Retail Aerial 10 Tentative Tract Map 04 AREA OVERVIEW 11 Assessor’s Parcel Map 12 Property Photos 21 City Demographics 22 City Highlights 23 South East San Bernardino Area Attractions Map 24 Area Designated Schools xx 25 Disclaimer 01 PROPERTY OVERVIEW Property Overview | ±50 ACRES SITE DETAIL Property Description Fifty acres of land in the North Bench area of Yucaipa, with a previously-approved tentative tract map for fifty (50) one-acre estate lots.
    [Show full text]
  • Support Material Agenda Item No. 16
    Support Material Agenda Item No. 16 Board of Directors October 3, 2018 10:15 a.m. Location: San Bernardino County Transportation Authority Santa Fe Depot, First Floor Lobby 1170 W. 3rd Street, San Bernardino, CA 92410 CONSENT Transportation Programming and Fund Administration 16. Omnitrans Transportation Development Act Triennial Performance Audit for Fiscal Years 2014/2015 - 2016/2017 Receive the Transportation Development Act Triennial Performance Audit Report for Fiscal Years 2014/2015 through 2016/2017 for Omnitrans. Attached is the Omnitrans 2014/15 – 2016/17 Transportation Development Act Performance Audit Report. July 2018 TABLE OF CONTENTS Executive Summary ........................................................................................................................ i Section I ......................................................................................................................................... 1 Introduction .............................................................................................................................. 1 Overview of the Transit System ................................................................................................ 1 Section II ........................................................................................................................................ 9 Operator Compliance Requirements ............................................................................................ 9 Section III ....................................................................................................................................
    [Show full text]
  • Bicycle to Ballgame: Get Free Tune up and 66Ers Tickets
    May 12, 2015 CONTACT: Wendy Williams Director of Marketing & Planning Office: 909.379.7151 Mobile: 909.213.8289 [email protected] MEDIA ALERT: Bicycle to Ballgame: Get Free Tune Up and 66ers Tickets Omnitrans is partnering with local organizations and businesses to celebrate National Bike Month with a free event for bicyclists on Sunday, May 17. Additionally, the transit agency is offering a chance to win a new commuter bicycle through an Instagram photo contest. Bikes are welcome on all Omnitrans fixed-route vehicles at no extra charge. Buses on local, freeway express, and OmniGo shuttle routes have front racks for up to three bikes, and the sbX bus rapid transit line offers interior racks for four. Over 1,000 bikes are transported on Omnitrans buses each weekday. Bring Your Bike to the Ballgame When: Sunday, May 17th 12:30 to 2:00 pm Where: San Manuel Stadium, 280 South E. Street, San Bernardino What: Ride your bike to the ballgame—get a free bike tune up courtesy of the Inland Empire Biking Alliance and a free ticket to stay and see the Inland Empire 66ers baseball team take on the Lancaster JetHawks at 2:05 pm. Radio remote by KOLA radio with games and giveaways. Omnitrans Instagram contest: Enter to win a free bicycle courtesy of Don’s Bicycles. Details at: http://www.omnitrans.org/promotions/bikes/ Event Sponsors: Omnitrans: www.omnitrans.org Inland Empire Biking Alliance: www.iebike.org Inland Empire 66ers: www.66ers.com Don’s Bicycles of Rialto and Redlands: www.donsbikeshop.com San Bernardino Generation Now: www.facebook.com/SBgenerationNOW KOLA 99.9 fm: www.kolafm.com Photo thumbnails: .
    [Show full text]
  • Minor League Baseballtm
    MINOR LEAGUE BASEBALLTM {Appendix 1.1, to Sports Facility Reports, Volume 20} Research completed as of July 9, 2019 INTERNATIONAL LEAGUE (AAA) Team: Buffalo Bisons Affiliate: Toronto Blue Jays (2013) Principal Owner: Robert E. Rich, Jr. Team Value As of July 2016, $34 million (Revenue: $12 million; Operating Income: $1.1 million) Team Website TWITTER: @BuffaloBisons Stadium: Sahlen Field Date Built: 1988 Facility Cost ($/Mil): $42 Facility Financing: The State of New York contributed $22 million and various other public entities paid for the remainder. Facility Website UPDATE: Wider seats were installed in the lower section of Sahlen Field prior to the 2019 season, further reducing seating capacity to 16,600. NAMING RIGHTS: The stadium was originally named Pilot Field. In 1995, the stadium was renamed North AmeriCare Park. In 1998, Dunn Tire Corp. took over the remaining eight years and $2.5 million on the naming rights contract with the City of Buffalo. Thus, the stadium was renamed Dunn Tire Park. Then in 2008, the Bisons agreed to a ten-year naming rights deal with the Coca-Cola Company. In 2018, a similar deal was signed with Sahlen Packing Company through 2028. © Copyright 2019, National Sports Law Institute of Marquette University Law School Page 1 Team: Charlotte Knights Affiliate: Chicago White Sox (1999) Principal Owner: Don Beaver & Bill Allen Team Value: As of 2016, 47.5 million (Revenue: 17.0 million Operating Income : 5.0 million) Team Website TWITTER: @KnightsBaseball Stadium: BB&T Ballpark Date Built: 2014 Facility Cost ($/Mil): $54 Facility Financing: The City of Charlotte funded $7.25 million through hotel taxes, Center City Partners funded $725,000, Mecklenburg County funded $8 million, and private investors funded the rest.
    [Show full text]
  • Here Is Some Text
    TABLE OF CONTENTS EXECUTIVE SUMMARY .............................................................................................................................. 5 ES-05 Executive Summary – 24 CFR 91.200(c), 91.220(b) ..................................................................................... 5 THE PROCESS .......................................................................................................................................... 11 PR-05 Lead & Responsible Agencies - 91.200(b) .................................................................................................. 11 PR-10 Consultation - 91.100, 91.200(b), 91.215(l) ................................................................................................. 12 PR-15 Citizen Participation - 91.401, 91.105, 91.200(c) ........................................................................................ 21 NEEDS ASSESSMENT .............................................................................................................................. 44 NA-05 Overview ..................................................................................................................................................... 44 NA-10 Housing Needs Assessment - 24 CFR 91.405, 24 CFR 91.205 (a,b,c) ....................................................... 44 NA-15 Disproportionately Greater Need: Housing Problems - 91.405, 91.205 (b)(2) ........................................... 49 NA-20 Disproportionately Greater Need: Severe Housing Problems - 91.405, 91.205 (b)(2)
    [Show full text]