The economic impact of sports facilities on state and local economies is substantial. Tourism drives visitor spending into municipalities through lodging, restaurants, retail and more. Communities also benefit indirectly from the addition of sports complexes because of the recreation and sense of community they provide along with increased property values.

Whether private investor or municipality, the end goal in sports facility development is to generate revenue. Achieving that goal is not as simple as (to borrow a phrase from the movie, The Field of Dreams) “if you build it, they will come.” Knowledge of the potential pitfalls associated with designing, building, and operating a sports facility is key to a successful outcome. L5 Management & Consulting can help guide you through the process, every step of the way, from planning and designing to the ribbon cutting and operations.