Visit Meridian

The buyer seeks qualified firms with knowledge of the sports industry to conduct a feasibility analysis for a Sports Complex in Meridian, MS. The study includes market analysis, site evaluation, financial forecasting, and economic impact assessment. The buyer requires a comprehensive feasibility report with recommendations for optimal facility design and operational structure. The project aims to support the community's desire for a sports complex and enhance local recreational opportunities.

• 12/5/2024 - Proposal Due Date
• 12/10/2024 - Zoom interviews with chosen agencies
• 12/16/2024 - Agency chosen and contract negotiated
• 1/6/2025 - Work begins

• Conduct market opportunity analysis identifying competitors and industry factors
• Evaluate potential sites and provide estimates to make construction ready
• Conduct stakeholder interviews to gain insights and gauge demand
• Produce 5-year cash flow forecast and 20-year financial outlook
• Project economic impact of the facility on an annual basis
• Analyze proposed funding sources and identify additional revenue streams
• Provide detailed feasibility report with executive summary and key findings
• Identify key demographic and socioeconomic factors, participation rates, and market insights
• Review existing facilities for potential cost savings
• Develop funding strategy to ensure long-term sustainability