Title
Conduct a Public Hearing and Consider/Discuss/Act on Project #17-01, Submitted by the City of McKinney in the Amount of Three Million, Five Hundred Thousand Dollars ($3,500,000) for Partial Funding for an Expansion to the McKinney StarCenter; Estimated Project Construction Cost is $8,500,000; the Amount Requested Represents 42% of the Total Estimated Construction Cost
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
Direction for Strategic and Economic Growth
MEETING DATE: January 26, 2017
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
* The City of McKinney is requesting MCDC funding participation in the construction costs associated with an expansion of the McKinney StarCenter.
* The proposed project would add 46,000 square feet of space and would include one sheet of ice and 1,500-2,000 seats to facilitate hosting of youth level hockey games, tournaments and other events.
* The addition to the facility will also include an expanded back of house/ locker room area.
* There is potential to also include private space to be used by a minor league hockey franchise.
* The amount requested represents approximately 42% of the total estimated construction cost ($8,500,000 total).
BACKGROUND INFORMATION:
* The McKinney StarCenter is a facility owned by the City of McKinney and leased to the Dallas Stars.
* Current lease became effective October 1, 2009; the term is 20 years with two 5-year renewals.
* Current facility is approximately 85,000 square feet and includes two full-size ice rinks used for programs ranging from entry level "learn to skate" classes to training athletes to perform on the national stage.
* Programming offered includes hockey and figure skating academies.
* Team training and league games are held at the facility on a 7 day/week schedule.
* The strong recreational hockey program offered at the McKinney StarCenter, along with the McKinney North Stars tra...
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