“Discover the Progress of the $67M Scheels Sports Park Complex Construction”

"Discover the Progress of the $67M Scheels Sports Park Complex Construction"

Construction has officially begun on the highly anticipated Scheels Sports Park, a state-of-the-art $67 million sports complex and premier destination for sports tourism. The Illinois Times recently reported that the park will feature top-of-the-line turf fields for various sports including soccer, softball, rugby, lacrosse, football and baseball. Additionally, a massive 190,000-square-foot domed structure will house eight basketball courts and sixteen volleyball courts along with turf training areas.

According to city officials cited by the outlet , this new complex is expected to draw in traveling athletic teams from all over the Midwest and beyond. “This groundbreaking project solidifies Springfield as a major player in the world of sports tourism,” stated Mayor Misty Buscher enthusiastically. After years of planning and development efforts spanning several years,the 95-acre indoor/outdoor site is set to open its doors by late 2025.

Funding for this impressive facility will come from sales taxes as well as hotel-motel taxes collected within city limits over a period of twenty-three years totaling approximately $33.5 million – covering half of construction costs . The remaining funds are being provided through financing from both developers involved in this project along with support from local Bank of Springfield .

The post titled “Construction Underway on $67M Scheels Sports Park Complex” was originally published on Connect CRE website.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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