New Stillwater Convention Center
Stillwater, Oklahoma

TYPE:	Feasibility Study for a New Stillwater Convention Center
YEAR:	2006
CLIENT:	Stillwater Convention & Visitors Bureau
SCOPE OF WORK:	Local Market Conditions Analysis Competitive/Comparable Facility Analysis Market Demand Analysis Industry Trends Analysis Building Program Analysis Event Levels Analysis Site/Location Analysis Preliminary Construction Costs Financial Operations Analysis Economic and Fiscal Impact Analysis Funding Alternatives Analysis Ownership/Management Options Analysis

CSL recently completed a feasibility of a new convention center in Stillwater, Oklahoma. Stillwater is situated approximately an hour's drive north of Oklahoma City and an hour's drive west of Tulsa.

Key study components included the analysis of existing local market conditions, competitive/comparable facilities and communities, industry conditions, market potential by event segment, building program, event levels, site/location issues, preliminary construction cost estimates, financial operations, economic and fiscal impacts, funding alternatives and ownership/ management options.

Further, the study process included in-person interviews with key local community and business leaders and telephone surveys of more than 75 event planners of potential events that could utilize a new facility.

The study included analysis of various public/private partnership opportunities concerning project development, with private partners such as hotel developers and Oklahoma State University.

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