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File #: 2018-0076    Version: Name: Final Report and Presentation with Kreshmore Group on the Feasibility and Business Plan for Orland Park’s Multi-Sports Facilities
Type: MOTION Status: PLACED ON FILE
File created: 1/31/2018 In control: Board of Trustees
On agenda: 9/17/2018 Final action: 9/17/2018
Title: Final Report and Presentation with Kreshmore Group on the Feasibility and Business Plan for Orland Park’s Multi-Sports Facilities
Attachments: 1. Signed Agreement, 2. OP Feasibility Analysis and Summary Business Plan Final

Title

Final Report and Presentation with Kreshmore Group on the Feasibility and Business Plan for Orland Park’s Multi-Sports Facilities  

 

History

On February 19, 2018, the Board voted to approve authorizing the Village Manager to exercise the necessary contracts with the Kreshmore Group, including options, for an analysis and business plan for Orland Park’s multi-use sports facilities.

 

On July 13, 2018, the Board received draft copies of the Kreshmore Group Feasibility Analysis & Summary Business Plan. The Board reviewed the report and provided input to the Kreshmore Group which submitted a revised report which has been distributed to the Board. 

 

On September 17, 2018, the Kreshmore Group will present the results of their report and recommendations to the Village Board.

 

The presentation from the Kreshmore Group provides an expert outside evaluation of Centennial Park, John Humphrey Complex and Cachey Park Soccer fields. The report provides the Village with the most current information, data and trends available in the organized athletic market place. The Kreshmore Group was engaged to provide information on how to most effectively utilize the limited resources within our athletics offerings. Lastly, their scope also included a high level business model/analysis for a possible new facility that could possibly serve as an economic development tool for the community. 

 

Financial Impact

None