Hammond Indoor Sports Complex
LOCATION
Hammond, Indiana
PROJECT HIGHLIGHTS
Market analysis
Comparable facilities analysis Industry trends analysis
Market confirmation
Program recommendations
Demand projections
Financial pro forma
PROJECT DESCRIPTION
Johnson Consulting prepared a market assessment and financial analysis for the City of Hammond to determine the feasibility of developing an indoor sports complex. The City envisions the new facility will serve as a catalyst and an economic generator by attracting and hosting sports leagues, tournaments and other non-sporting events that draw visitors to Hammond. The first phase of our report assessed the viability of such a development given existing and projected market conditions in, and around, the City of Hammond. In addition to a market analysis, the first phase included a local and regional facility audit of existing facilities and a recommended preliminary program of facilities.
Johnson Consulting ultimately recommended an indoor facility measuring approximately 85,000 square feet with the following program of facilities: 8 basketball courts/16 volleyball courts, 2 indoor turf fields, Community Multipurpose Room, Concessions / Restrooms, Storage and Medical Office Space.
After receiving the necessary funding the City of Hammond engaged Johnson Consulting to conduct a financial analysis as a second phase of the study, including including demand and financial projections.
