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            NEWS

Public Information Office

For Immediate Release:

Thursday, Mar. 8, 2007

Framework for Final Agreements Approved to Bring Cleveland Indians Spring Training to Goodyear

 

(GOODYEAR, AZ) The City of Goodyear today approved the final Memorandum of Understanding (MOU) that lays the framework for multiple development agreements to be completed in the next three to four months that will make Goodyear’s $73.2 million stadium/recreational sports complex a reality and provide a Cactus League home for the Cleveland Indians.

 

Today’s MOU was Goodyear Baseball LLC, JMI Sports, Wood Family Enterprises, Eagletail Bighorn, Swansea Properties, Rose Properties Southwest and Rose Properties Management. Goodyear Baseball LLC is an entity jointly owned by Rose Properties Southwest which is building the Ballpark Village mixed-use development around the stadium and JMI Sports LLC which is managing the design, development and construction of the 10,000-seat ballpark and spring training/recreational sports complex.

 

While the Spring Training stadium and the surrounding Ballpark Village are two separate projects, it ultimately serves the City’s best interests if their development is coordinated and integrated.  Today’s MOU will serve to streamline planning and construction efforts for the entire project area, and calls for Phase I of the mixed-use Ballpark Village be completed in time for the stadium opening.  This cooperative effort will ensure a comprehensive integrated development plan to bring to life the vision of a “ballpark like no other” and create a regional recreational destination.

 

Key terms outlined in the MOU include:

 

  1. Project Delivery Deadlines:

Ø      Practice field completion April 1, 2008

Ø      Stadium completion by February 1, 2009

Ø      Phase I of the surrounding development by February 1, 2009.

  1. Infrastructure Responsibilities:

Ø      Rose Properties Southwest will have the responsibility to construct infrastructure in and around the project in accordance with an infrastructure master plan yet to be determined. 

Ø      Caps the City’s financial contribution to the project infrastructure at $10 million.

  1. Development Management (DM) Services Scope:

Ø      Goodyear Baseball, LLC  will serve as the DM with overall project responsibility for the planning, design, development, and construction of the Spring Training Complex. 

Ø      DM will help finalize the Use Agreement with the Cleveland Indians

Ø      DM will continue efforts to recruit a second team. 

Ø      DM will assist with development of marketing materials, presentation development, documenting comparable data related to competitive facility features, and maintain consistent communication with the AZSTA regarding reimbursables.

  1. Land Conveyance:

Ø      75 acres of land needed for the entire sports complex will go to the City at a cost of $6,250,000

Ø      For two years, City will be granted an option to purchase enough land to accommodate practice facilities for a second baseball team for $3,750,000.

 

The Goodyear Sports and Recreation Campus, which will include the Major League Baseball (MLB) Spring Training Stadium and associated practice fields, will be a destination-oriented sports facility complex that will result in increased sales tax revenues and jobs for the area. The City-owned recreation facility will not only provide the region with Cactus League Baseball, but will provide opportunities for year-round use by residents through a variety of recreational and entertainment opportunities.  In addition, the complex will be a catalyst for development in the City Center (Estrella Parkway/Yuma Road) and Rose Properties’ Ballpark Village through the development of nearby mixed-use retail, hospitality, office, and residential components.

     

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City of Goodyear • 190 N. Litchfield Road • Goodyear AZ 85338 • Phone 623-932-3910 • Toll-Free 1-800-872-1749