Construction of the new Chesterfield Hockey Association [CHA] Sportscomplex in Chesterfield Valley could begin this fall with a grand opening planned by late summer 2019.
That was the timeline presented in a report to the Chesterfield Valley Transportation Development District’s [TDD] board of directors at its April 2 quarterly meeting.
The 12-acre site for the facility already has received the required rezoning and the site plan and initial building elevations were submitted to the city last month. A traffic study now is underway and building design will begin next month, according to the CHA report.
Assuming site plan approval comes by Aug. 1 and building permits are issued by Oct. 1, CHA will close on the land, now under contract, this fall with a groundbreaking to be held soon thereafter.
The complex will include two NHL-sized ice rinks and expansion capability for a third.
The competition rink will include permanent seating for 1,000 spectators and standing room for an additional 600. The practice rink will have portable seating for about 300.
Locker rooms, team meeting rooms and other facilities needed to support figure skating and hockey, youth organizations and other programming purposes also are planned in the 78,000-square-foot complex, along with a restaurant, bar and concession services.
Total estimated cost is $22.65 million, although CHA officials are evaluating various engineering options to reduce the price tag if possible. Funding for the complex will come from charitable contributions, bank financing and $7 million from the TDD for public infrastructure improvements associated with the project.
The TDD originally was created in 2005 to fund infrastructure projects related to development activities in Chesterfield Valley. The district has sold bonds to pay for the improvements, retiring the incurred debt with a 3/8-cent sales tax on retail sales at businesses in the district.
Qualified voters in subdivisions adjoining the district and those living within its boundaries originally approved the sales tax. Last year, voters also passed a ballot proposal extending the levy to pay for the infrastructure work for the new complex.
As of its report to the TDD board, the CHA had raised $3.487 million of its targeted charitable contributions of $5.65 million.
CHA also is negotiating a base bank loan of $8.5 million, with an additional $1.5 million supplemental loan to close the fundraising gap if needed to start construction. The base loan commitment and the TDD financing are contingent on hitting the charitable contributions target, according to CHA.
Tom Kaiman, a leader in the CHA Sportscomplex campaign, said the association’s strategy has been to initiate the fundraising process, secure some early major commitments and then turn to the TDD and bank lending efforts.
Mark Kraus, who heads the CHA, added the association is working hard on gathering donations and that the fundraising efforts will continue beyond meeting the minimum requirement.
In a related development, CHA said it has signed a letter of intent for the Chesterfield Sportscomplex to be the home of the new Maryville University men’s and women’s American Collegiate Hockey Association programs. Lease details now are being negotiated.