Laserfiche WebLink
The development of a covered arena was included in the Park's original master plan prepared <br />with input from potential users groups and made publicly available to stakeholders.It was <br />included in the Environmental Impact Study and Development Agreement approved by the City. <br />As the Park's landlord,we partner closely with the Authority and have had several recent <br />discussions about the covered arena project. <br />Over the past 18 months,the Authority has solicited input from current and prospective user <br />groups and coordinated with them on project design details.The covered arena project <br />described in this application has generated much support and enthusiasm from throughout the <br />horse community thanks to its scope and attent¡on to details that make it highly functional and <br />attractive.Letters of support from current and prospective user groups,the City,County,and <br />other stakeholders are attached. <br />5.Studies.Please attach any feasibility or other studies that demonstrate linkages between <br />the proposed project and the anticipated tourism impacts.Also please include your <br />operations/maintenancestrategy and other plans for long-term project sustainability (how <br />the facility or facilities will be operated and maintained over at least five years following <br />completion). <br />Attached is the Financial Feasibility and Economic Impact study conducted by professors at <br />Central Washington University in 2006.The study is based on other major equine facilities the <br />vast majority of which have covered and/or indoor competition space.Page 6 of the <br />Addendum describes The Facility and states "the key_facility on the site will be a 200 x 300 foot <br />covered arena with a 175 x 300 foot open arena".Our current thinking on the dimensions has <br />changed slightly,but the need remains central to the Park's operations and strategy. <br />The Horse Park completed its sixth full season of operations in 2016,and has grown to host 40 <br />events annually in a wide range of activities with up to 300 horses participating in shows <br />running from one to seven days for English and western disciplines.People are drawn to the <br />Park's first class facilities,convenient location and beautiful setting.Since its inception,the <br />Park has sustained itself through operating revenue and an array of private and public support <br />as summarized in the following chart: <br />Hisiurkal Novenues <br />Sourco E009 2010 2011 2012 IDIT :OH Nils 0,6 10TM <br />The following chart summarizes the user metrics and economic impact of the Horse Park to <br />date.The measurement process includes gathering zip codes from all Park users,on-site <br />surveys,the Dean Runyan Report provided by Washington Tourism Alliance,and discussion <br />6