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0 COMPARABLE FACILITIES DRAFT COPY lc., n Cape Girardeau Sportsplex CITY, STATE: Cape Girardeau, MO OWNER: City of Cape Girardeau OPERATOR: City of Cape Girardeau YEAR OPENED: 2017 FACILITY SIZE (SF): 121,000 COST (original, in millions): $12.5 COST (current, in millions): $15.2 COURTS (basketball): 6 COURTS (volleyball): 12 The Cape Girardeau Sportsplex is a 121,000 square -foot, multi -sport facility located on Interstate 55 in Cape Girardeau, Missouri. The Sportsplex opened in May of 2017 at a cost of $12 million. It is owned and operated by the City of Cape Girardeau, with construction debt service and operations supported by a 1.0 percent restaurant tax, which generates an estimated $160,000 annually. The Sportsplex includes two fully -enclosed regulation indoor turf fields with netting and drop -down batting cages; six high school regulation basketball courts convertible to twelve hardwood volleyball courts; multi -use space for meetings; and full -service concessions. The 10+ acres for the building and surrounding parking was donated by Midamerica Hotels Corporation. Court and turf rentals for tournaments are available with both a commercial and non-profit rate that vary based on number of usage days and number of courts. The average court rate per day is $425 for commercial and $305 for non-profit. The average turf rate per day is $615 for commercial and $410 for non-profit. The City of Cape Girardeau Parks & Recreation Department has developed programming for various indoor sports including basketball, volleyball and sports training. The Sportsplex hosts over 40 annual tournaments, most of which are two-day events. Nearly every weekend is occupied from early December through July (with the exception of the two weeks spanning Christmas and New Years). The facility also has full -service concessions and a multi -use space for team meetings, coach's clinics, team parties and more. The facility is open to the public for court, turf and batting cage use or can be rented for tournaments. According to facility management, the facility draws tournament business from a five -state region including Missouri, Arkansas, Illinois, Kentucky and Tennessee. The facility generated revenues of $595,000 and expenses of $701,000 excluding approximately $325,000 in depreciation. Revenue include concessions, usage fees and other miscellaneous sources. Expenses include those related to contractual services, general operating expenses, materials and supplies, personnel services and other expenses. Approximately 13 full-time equivalents are dedicated to facility operations. C.,,iSL Feasibility Study of a Potential new Youth and Amateur Sports Complex in Mounds View, Minnesota 9 Page 29