Sports tourism destinations as well as community recreation centers are also agents for placemaking. These facilities often provide a sense of pride and place for residents and become a representation of the community to visitors. When these venues provide great guest experiences, the community as a whole becomes more attractive to businesses, increasing potential tax revenues and sparking job growth.
Since 2003, The Sports Facilities Companies have helped thousands of communities utilize sports tourism as a vehicle for economic development. Our team has planned over $10 billion dollars in community projects and have helped launched several of the industry’s most successful venues. The SFM Network, the nation’s largest network of tournament-style venues, generates over $200 million annually in hotel and visitor spend for the communities they serve.
Through our concept to concrete process, we help communities refine their concepts to make them both shovel-ready and, ultimately, financeable. Along with site selection services, we produce economic impact reports that project the revenue that a facility will generate for a community from out of town visitors attending events and programming. We also develop institutional-grade financial forecasts and establish the necessary relationships to garner funding on behalf of our clients.
Beyond planning and finance services, we provide owner’s representation, venue planning and procurement services through Sports Facilities Development (SFD), and unparalleled facility operations services through Sports Facilities Management (SFM).