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Taylor Arena Replacement

A new multipurpose arena in Rochester to "provide economic benefit and a vibrant downtown —at a cost of $55 million to $75 million".

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Project Impact(s): Economic Development

This project is in Archive Phase

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The estimated cost of constructing an arena started at $55 million for the 4,000-seat option and increased to $60 million at 5,000 seats and $65 million for a 6,000 to 6,200-seat arena. The largest arena option included a more variable floor plan and options to facilitate outdoor events in Mayo Memorial Park via a southeast-facing stage.

 

Economic feasibility

The Rochester area presents an attractive market for a new multipurpose arena, said Rob Robinson, of Hammes Co.

"Taylor Arena in its present form is really not configured in a way that it's very good for hockey, certainly, but also for concerts, other family shows and other sorts of touring events that promoters would like to bring to Rochester," Robinson said.

A potential USHL partner would present an anchor tenant for the arena, but would only account for about 32 of an estimated annual 116 events at the arena each year, Robinson said; a larger arena with modern capabilities could attract larger music performances and other family entertainment.

Hammes projected the arena could attract an additional 380,000 visits to the Rochester downtown area.

Timing

A project timeline starting immediately could result in an operations-ready facility by fall 2017, Robinson said.

 

Reports on: Taylor Arena Replacement



    


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Last modified by allnode on 2025/02/06
Created by allnode on 2015/10/14

 

 

 

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