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Presentation is the property of Event Facilities Fort Worth, Inc. for educational purposes only.
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15 % Local Government Code 334 (User Fees) •November 4, 2014 election for:
•Ticket Tax •Stall Tax •Parking Tax
Fort Worth Multipurpose Arena
Fort Worth Convention Center Phase III Expansion
(Predicated on the development of a new Multipurpose Arena)
18% State PFZ (PEZ) Funds •3 mile radius zone around Convention Center and Will Rogers Center has been established •State HOT, Hotel Sales & Mixed Beverage Tax incremental revenues above a 2013 base year are being collected
50% Private Sector •Half of total project cost plus overages •City capped at $225mm
Future PFZ Capacity
14% Local PFZ (PEZ) Funds •Local HOT & Hotel Sales Tax Increments •Within a 3 miles of the Convention Center and Will Rogers Center • To be enacted by Local Ordinance after the LGC 334 Election with a 2013 base year
3% Other Public Sources • 2012 Infrastructure expenditures by City and County
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WILL ROGERS DISTRICT 2002
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WILL ROGERS DISTRICT CONCEPTUAL PLAN PROPOSED FOR 2012 OLYMPIC PLANNING
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FORT WORTH MULTI-PURPOSE ARENA CONCEPTUAL RENDERING
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FORT WORTH MULTI-PURPOSE ARENA CONCEPTUAL BUILDING SECTIONS
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Seating Capacities
Event Seating Concerts 12,500 - 14,000
Basketball 13,300
Hockey & Family Shows 12,200
Equestrian & Rodeo 9,300
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FORT WORTH MULTI-PURPOSE ARENA BASKETBALL SEATING CONFIGURATION
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FORT WORTH MULTI-PURPOSE ARENA RODEO SEATING CONFIGURATION
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FORT WORTH MULTI-PURPOSE ARENA MAIN CONCOURSE PROGRAM DIAGRAM
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FORT WORTH MULTI-PURPOSE ARENA SUITE LEVEL PROGRAM DIAGRAM
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Management & Operations
• Long term management by private sector not-for-profit partner
• Operate on a breakeven basis with adequate reserves for replacement, maintenance and upgrade
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FORT WORTH MULTIPURPOSE ARENA
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FORT WORTH MULTIPURPOSE ARENA WITH COLISEUM OVERLAY
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FORT WORTH MULTI-PURPOSE ARENA CONCEPTUAL RENDERING