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Event Center
Updated Feb 16 2023
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Summary
The first phase of this project explored the feasibility of constructing a conference/convention center and/or sports tourism and event space within the City of Tuscaloosa. Examples of events that could be hosted in spaces like these include conferences, conventions, trade shows, athletics, performances, corporate and civic outings, and a variety of other events.
The feasibility study evaluated existing and projected future demand for a facility, evaluated the appropriate size of any recommended facilities, identified the best location(s), recommended partnering strategies, determined project capital and operating costs, and assessed the impact of any recommended facilities on the local economy. The results of the feasibility study will be used to determine future project phases.
Goals and Impact
Conduct a data-driven study to determine the viability of new event and athletic space
Use the data and conclusions to make informed decisions and form strategic plans
Identify opportunities both to serve the local market and to attract tourism
Project Updates
Timeline
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Key Milestones & Events
Up Next:
Completed:
Project Materials
Download the final feasibility study report here.
Financial Information
Costs
Cost Summary
Spent:
$110,000
Approved:
$120,000
Budget:
Pending Planning/Design
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Spent: The amount paid on this project to-date.
Approved: The amount that has been approved by the City Council to be spent for a specific contract or purpose on this project. In city accounting terms, this is spent + encumbered.
Budget: The total amount of money that the City expects to be spent to complete this project. This amount is only finalized once sufficient planning on the project has been completed.
Cost Details
Elevate Tuscaloosa Fund: City funds dedicated to Elevate Tuscaloosa which are allocated to this project.
Other City Funds: City funds from non-Elevate Tuscaloosa sources allocated to this project.
External Funding: Amounts from sources outside of the city, such as grants, or donations from citizens or private companies.
Overall Funding
Funding Summary
Elevate Tuscaloosa Fund:
$2,620,000
Other City Funds:
$0
External Funding:
$0
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