STONE PLANNING LLC

159 N. Sangamon Street, Suite 200

Chicago, IL 60607

David Stone - david@stoneplanningllc.com, (312) 933-3618

© 2019 Stone Planning LLC

NEWS

October 07, 2019

Stone Planning Hired to Study Event Facility Needs in Suburban Indianapolis Development

Stone Planning has been hired by the developer of Westfield, Indiana's Grand Millennium Center to identify potential opportunities for a conference/meetings facility and entertainment uses in the mixed-use project outside of Indianapolis. For a conference facility, we will analyze the competitive environment, interview various stakeholders, and provide facility recommendations, followed by forecasts of the recommended facility's operations. We will also identify any potential opportunities at the site for an entertainment venue such as a music club. The Grand Millennium Center is an approximately $200-million, 66-acre project that has been approved for a civic center, YMCA, health care facility, hotel, residential, and office development, as well as the conference/meetings facility, and is near the 400-acre Grand Park Sports Campus. 

August 15, 2019

Stone Planning Hired to Study Recreation Facility Needs of Mount Ayr, Iowa

Stone Planning has been hired by the City of Mount Ayr, Iowa to provide a feasibility study for community recreation facility needs. Options to be considered will include a renovation of the city's existing pool, replacement with a new pool, development of an indoor/outdoor pool with indoor fitness offerings, and a new pool with a comprehensive fitness/wellness center. The study will include a local market analysis, review of previous research and surveys, site analyses, forecasts of future operations for the options, and recommendations and conclusions regarding the various options. 

March 31, 2019

Stone Planning Selected to Study New Events Center in West Fargo, ND

Stone Planning has been hired by the City of West Fargo (ND), the Red River Valley Fair Association, and the Fargo-Moorhead West Fargo Convention & Visitors Bureau to complete a feasibility and economic impact study for a new events center at the Red River Valley Fairgrounds. The study will include an analysis of the local market and its visitor infrastructure, analysis of existing local/regional facilities and comparable facilities in other markets, interviews with local stakeholders, and facility recommendations regarding square footage and type of spaces, the need for additional development such as hotel rooms, and others. Should the facility be deemed viable based on market factors, we will then forecast its future operations (events and attendance, revenues and expenses) and economic impacts.

August 08, 2019

Stone Planning and The Rooney Sports and Entertainment Group to Study Renovation of Heinz Hall

Stone Planning and The Rooney Sports and Entertainment Group have been hired by The Penn Film Group to assist in the planning of improvements to the historic Heinz Hall. The Penn Film Group, which specializes in the development, production, and marketing of feature films, plans to utilize space within the theater as a sound studio and for scoring, production, and other uses, as well as an event venue. Heinz Hall, the home of the Pittsburgh Symphony, opened in 1927 and has approximately 2,700 seats. 

July 10, 2019

Stone Planning Hired by Louisiana's St. Tammany Corporation to Study New Event Center

Stone Planning has been hired by the St. Tammany Corporation, the economic development arm of Louisiana's St. Tammany Parish, to study the feasibility of a new, multipurpose event center in the Parish. The study will include a local market analysis and an analysis of the local and regional competitive environment for facilities and events, identification of potential users such as minor-league sports, entertainment, community, and other events, and analyses of case-study facilities in similar markets. We will also consider multiple sites within the Parish, which is in New Orleans' North Shore. Based on these analyses, we will recommend a viable development and site, and then project its future usage and economics. We will also analyze a set of potential financing methods for the facility and identify any that are viable in Louisiana. 

May 16, 2019

David Stone Participates in "State of the Market" Panel at the Convention, Sports & Entertainment Facilities Conference

David Stone of Stone Planning was part of an industry panel leading off the 2019 Convention, Sports & Entertainment Facilities conference in San Diego, with Ryan Walsh of the Harris County Sports & Convention Corporation, Dr. Judith Grant Long of the University of Michigan, Kevin Austin and Adam Shaw of WT Partnership, and Stacey Jones of Crawford Architects. The panel addressed the industry from operational, economic, design, technology, and other perspectives. 

See below for the white paper issued by the panel participants.

May 03, 2019

"New UPMC Events Center a 'Game-Changer' for Robert Morris Athletics"

Robert Morris University in Moon Township, PA unveiled its new UPMC Events Center that will begin hosting the Colonials' basketball and volleyball programs this fall. Stone Planning and The Rooney Sports and Entertainment Group completed a feasibility study for the new facility, and was later re-engaged by RMU to guide the university through the solicitation process for private management, which led to the selection of the Oak View Group. The 4,000-seat facility also has approximately 11,000 square feet of meeting/conference space and will be used by the university and community for sporting events, concerts, conferences, and other events. The arena's first public event will be an Evanescence concert on May 12.

Click the following link for more information on the arena from the Pittsburgh Post-Gazette.

April 10, 2019

Stone Planning Hired by City of Peoria, Arizona to Study "Signature Event" Opportunities

Stone Planning and The Rooney Sports and Entertainment Group have been hired by the City of Peoria (AZ) to analyze and identify opportunities for a new "signature event" in the city, with a goal of attracting at least 25,000 people in 2020. The event could feature music, arts, food, culture, and/or other elements. Our study will include an analysis of the local/regional market (such as population, geography, access, climate, tourism, and other characteristics), an analysis of the festival industry including current festivals and major events in the Peoria/Phoenix area, case studies of events in similar markets, identification of potential promoters, and analysis of potential sites and their ability to accommodate an event. Based on our recommendations and identification of potential event concepts and a feasible site, we will then project its future revenues, expenses, and economic impacts to the city.

January 22, 2019

Stone Planning Selected as the CRDA's On-Call Economic Impact Consultant

Stone Planning has been hired as the economic impact consultant to New Jersey's Casino Reinvestment Development Authority. Since 1984, the CRDA has invested more than $1.8 billion in over 400 projects across the state, including residential, commercial, cultural, sports and entertainment, and other developments. The CRDA owns Atlantic City's Boardwalk Hall (a 10,500-seat arena) and the 500,000-square foot Atlantic City Convention Center, and has helped to fund the Atlantic City Marathon Series, concerts and festivals, and other special events. It has also invested in other development and improvement projects, including renovations and expansions of casino resorts and Atlantic City's famed Boardwalk. As needed, Stone Planning will provide economic impact analyses for the CRDA's projects and investments. 

December 11, 2018

Stone Planning Hired to Estimate Past and Future Economic Impacts of Hartford's XL Center

Stone Planning has been hired to estimate the economic and fiscal impacts of the XL Center, which is the home of the AHL's Hartford Wolf Pack and University of Connecticut hockey, and the part-time home of UCONN's men's and women's basketball programs. The facility's owner, the Capital Region Development Authority, is contemplating a $100-million renovation that would include improvements such as premium and other group seating areas, additional restrooms and concessions, building systems/infrastructure, and others. The estimates of past and future economic and fiscal impacts (and the incremental impacts resulting from renovations) will assist in the CRDA and state's analysis of investing in the proposed improvements. 

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