CSU on-CampUS StadiUm FeaSibility StUdy
August 9, 2012
The SAC members are
Co-Chairman Jack Graham (CSU Director of Athletics), Co-Chairman Amy Parsons (CSU Vice President for University Operations), Brett Anderson (CSU Vice President Advancement), Eric Berlinberg (ASCSU President), Farrah Bustamante (CSU Staff Representative), Todd Donavan (CSU Faculty, College of Business), James Francis (CSU Faculty, Athletics Representative), Mark Gill (Chief of Staff, CSU President’s Office), Connie Hanrahan (Community Representative), Blanche Hughes (CSU Vice President of Student Affairs), Diane Jones (City of Fort Collins), Stu MacMillan (Community Representative), Tom Milligan (CSU Vice President of External Affairs), Darshan Shah (CSU Alumni Association Board), Jim Smith (Community Representative), Regina Martel (ASCSI President-Elect, ’12-’13)
8101 East Prentice Avenue, Suite 900 | Greenwood Village, CO 80111 | 303-796-2655 | www.iconvenue.com
In January 2012, Dr. Tony Frank appointed a Stadium Advisory Committee (“SAC”)
comprised of fifteen (15) members from the campus community and the City of Fort Collins to evaluate the feasibility of a new, on-campus multi-purpose facility (“Facility” or “stadium”) for Colorado State University (“CSU”). The Facility would be the new home of the CSU football program, other sports activities, and would also provide an array of new spaces that would be available for use by all sectors of CSU throughout the year. The on-campus location of the Facility would energize and engage the CSU campus and surrounding Fort Collins and Northern Colorado community. During the SAC’s initial February 3 meeting and in order to proceed with the directive from Dr. Frank, the following four (4) subcommittees were created: Site Selection, Market Analysis and Funding Sources, Design and Best Practices, and Alumni, Campus and Public Engagement. During the past eight (8) months, the SAC has gathered information, engaged constituents, and evaluated the information related to the feasibility of the Facility. Pursuant to a Request for Qualifications (“RFQ”) process, ICON Venue Group (“ICON”) and Populous were chosen to lead the feasibility study and our services were activated on April 1, 2012. Because of the complexity of the study and expedited time frame, we engaged the following consultants to provide additional expertise in the areas of market analysis, financial modeling and projections, premium seating composition and pricing, traffic and parking assessment, stadium cost estimating, sound assessment, and electrical and light systems: Conventions, Sports & Leisure International (“CSL”) Parsons Brinckerhoff (“PB”), Rider Levett Bucknall (“RLB”), Wright, Johnson, Haddon and Williams (“WJHW”), and M-E Engineers (“M-E”).
Overview of Lead Firms for Feasibility Report ICON Venue Group
ICON is the leading Owner’s Representative firm in the sports and entertainment industry providing the full spectrum of venue development services including project feasibility, financing, site selection and acquisition, facility programming, design development, construction phase management, venue commissioning, sponsorship sales and servicing, and start up operations. ICON has worked with both public sector and private sector clients and has managed several of the most successful arena and stadium projects in the world.
Tim Romani, President and CEO
As a leader in the sports facility development industry for over 20 years, President and CEO Tim Romani is directly responsible for guiding and completing landmark stadium and arena projects for NBA, NHL, NFL, MLB, and MLS teams totaling more than $4 billion and
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including INVESCO Field at Mile High (currently Sports Authority Field at Mile High) in Denver, Colorado. Mr. Romani’s innovative and sophisticated approach to project management, particularly in the focus areas of Preconstruction and Project Controls, has revolutionized the way sports projects are delivered. Establishing, communicating, and managing cost and schedule mandates is the hallmark of how ICON operates on behalf of its clients and sets ICON apart from other firms. In addition to his responsibilities with ICON, Mr. Romani also served as Vice Chancellor of Planning and Development for the University of Colorado. In that capacity, he was responsible for planning and constructing the new Anschutz Medical Campus in Aurora, Colorado, which involved three hospitals, a world-renowned medical research complex, and the entire University of Colorado Health Sciences Center campus totaling approximately $2 billion and 4 million square feet.
Ray Baker, Partner, Gold Crown Management
Ray Baker, a Partner at Gold Crown Management, partnered with ICON for this project to bring large scale public development and funding expertise to the project team. Mr. Baker, a member of the Colorado Economic Recovery and Accountability Board, is also the Chairman and board member of the Denver Metropolitan Major League Baseball Stadium District. He was instrumental in the development of Coors Field and directed the delivery and timely refinancing of the stadium to enable Denver to pay off the bonds 10 years earlier than anticipated. Subsequently, Mr. Baker was appointed by the Colorado legislature as Chairman and board member of the Denver Metropolitan Football Stadium District. In this role, he guided the INVESCO Field at Mile High (currently Sports Authority Field at Mile High) development. His efforts were paramount in the site selection, design, development, and opening of the $401 million, 76,125 seat stadium.
is a global design practice specializing in environments that draw people and communities together for unforgettable experiences. For more than a quarter century, Populous has planned and designed many of the most recognizable gathering places on the planet. In total, Populous has designed 1,000 projects worth $20 billion. More than a billion people have experienced a Populous stadium, arena, convention center or event.
Scott Radecic, Populous
As a Senior Principal with Populous, Scott Radecic is a member of the company’s Executive Group and the director of the firm’s collegiate market. He specializes in servicing University and National Football League clients. He has extensive experience in all areas of sports facility strategic planning, design, budgeting and project management. Scott has led the collegiate group at Populous since 1998. He and the collegiate team have worked on more than 100 campuses, addressing all aspects of collegiate facility development.