City of Eastlake, Eastlake, Ohio
CSL was engaged by the City of Eastlake to provide a market, financial and economic impact analysis for a new ballpark. CSL’s work consisted of a market analysis assessing the demand for a new Class A or Independent Frontier League ballpark and team in Eastlake, a review of existing facilities in selected comparable cities, and estimating the potential event and attendance levels at the proposed ballpark. Additionally, CSL’s analysis included an evaluation of the economic and fiscal impacts that a stadium and team could have on the Eastlake area, including an analysis of the potential operating revenues and expenses of the ballpark to assess the ability of the facility to contribute to its debt service requirements.
The 7,273-seat Classic Park opened in 2003 at a cost of $20 million.