{"id":50811,"date":"2022-07-27T10:56:45","date_gmt":"2022-07-27T14:56:45","guid":{"rendered":"https:\/\/www.unionvilletimes.com\/?p=50811"},"modified":"2022-07-27T10:56:48","modified_gmt":"2022-07-27T14:56:48","slug":"officials-laud-planned-coatesville-sports-entertainment-complex","status":"publish","type":"post","link":"https:\/\/www.unionvilletimes.com\/?p=50811","title":{"rendered":"Officials laud planned Coatesville sports\/entertainment complex"},"content":{"rendered":"
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Pictured (from left to right): Michael Grigalonis, Chief Operating Officer and Executive Vice President of the Chester County Economic Development Council; Coatesville City Council President Linda Lavender-Norris; Coatesville City Councilman Ed Simpson; Sonia Huntzinger, Executive Director of the Coatesville 2nd Century Alliance; Patrick Kinzeler of IDG Development; David Chauner, Managing Partner, IDG Development; Crosby Wood, Project Manager and Managing Partner of IDG Development; state Senator Carolyn Comitta; state Rep. Dan Williams; and Coatesville City Manager James Logan.<\/p><\/div>\n

Millions of dollars in state funding will help pave the way for construction of a $65 million mixed-use commercial and entertainment development project in Coatesville, bringing new jobs and economic opportunity to city residents, said state and local leaders at a recent press conference.<\/p>\n

The funds, including a $3.6 million state grant and a $5.4 million loan, will support IDG Development\u2019s plans to develop the\u00a0National Sports and Events Center (NSEC), on an\u00a0approximately 25-acre site known as the Flats located at the city\u2019s gateway. The project is expected to result in about 350 new jobs, including 100 permanent jobs. In addition, it is projected to drive $18.5 million annually in new direct spending after three years of operation.<\/p>\n

\u201cThis is an opportunity for jobs, economic investment, and business growth for all Coatesville residents,\u201d State Senator Carolyn Comitta said. \u201cCoatesville\u2019s revitalization has been a long time coming and we still have a way to go. As our progress continues, we must continue to work to ensure that Coatesville residents, businesses, and families are prepared to seize the opportunities that come with revitalization projects like this.\u201d<\/p>\n

\u201cThe idea that Coatesville is rising is now a reality,\u201d state Rep. Dan Williams said. \u201cThis project is something much bigger than a building \u2013 it represents the reaffirmation of the City of Coatesville\u2019s value and an investment in people as well as place. It is a continuation of our work toward sustained economic growth that provides for the flourishing and well-being of Coatesville and the surrounding municipalities.\u201d<\/p>\n

In highlighting the project\u2019s economic impact, Comitta and Williams were joined by Chester County Commissioner\u2019s Chair Marian Moskowitz; Coatesville City Manager James Logan; Coatesville City Council President\u00a0Linda Lavender-Norris; Coatesville City Councilman Ed Simpson; Crosby Wood, Project Manager and Managing Partner IDG Development; Sonia Huntzinger, Executive Director of the Coatesville 2nd<\/sup> Century Alliance; and Michael Grigalonis,\u00a0Chief Operating Officer\u00a0and\u00a0Executive Vice President of the Chester County Economic Development Council.<\/p>\n

\u201cThis is a major foundational step that will add a lot of momentum to Coatesville\u2019s economic growth and that will repurpose an area in the heart of the city that holds historic importance,\u201d Moskowitz said. \u201cThe state funding underpins the site work necessary for the National Sports and Events Center and all that is planned to go with it for the next phase.\u201d<\/p>\n

She also highlighted that, in addition to benefiting the city and the people of Coatesville, the project would attract tourism dollars to Chester County by bringing mainstream and high-profile sporting events.<\/p>\n

The NSEC would house the first indoor velodrome on the East Coast, offering bicycle track racing, training and development for local, Olympic, and world-class caliber athletes. The 245,000-square-foot project includes, in part, \u00a0a 2500-seat arena, 12,000 square feet of supportive retail space, 8,000 square feet for a sports medicine provider, and a 10,000-square-foot sports performance facility.\u00a0A hotel conference center is also planned to be constructed adjacent to the NSEC facility.<\/p>\n

The project is being developed by IDG Development, a Coatesville-based joint venture led by New Heritage Properties of Coatesville. IDG\u2019s principals are Rick Mayer of Guilford, CT and Crosby Wood, Patrick Kinzeler and David Chauner of Chester County.<\/p>\n

\u201cThe state grant funding and loan are critical for galvanizing this project, and we appreciate the collaborative \u2018all-hands-on-deck\u2019 efforts by the Coatesville community and leadership members from the City, County and State,\u201d said Crosby Wood, Project Manager and Managing Partner of IDG Development.<\/p>\n

Wood noted that the center would also offer opportunities for youth programs through a partnership with the Boys and Girls Club of Philadelphia.<\/p>\n

\u201cThis grant is a major step in getting the wheels in motion for development of the National Sports and Events Center,\u201d said David Chauner, Managing Partner IDG Development.<\/p>\n

\u201cThe center will bring value to the City of Coatesville and the region by serving as a destination hub for exciting cycling events as well as family entertainment, community events, and youth development.\u201d<\/p>\n

Last year, Coatesville City Council approved the sale of the Flats, the city\u2019s largest parcel. Previously home to the G.O. Carlson Steel Company plant, the Flats had been eyed for development for years.<\/p>\n

City Councilman Ed Simpson, representing the First Ward where the site is located, personally thanked Wood and praised the development team and members of the Coatesville Redevelopment Authority for their determination in supporting the project.<\/p>\n

\u201cPersistence and perseverance and this team never giving up is the reason we\u2019re here today making Coatesville a better place,\u201d he said.<\/p>\n

City Council President\u00a0Linda Lavender-Norris credited the spirit of unity, cooperation, and collaboration that continues to guide the city\u2019s revitalization vision, efforts, and focus.<\/p>\n

\u201cWe are one. We work together,\u201d she said. \u201cI love that fact that everybody locks arms. This is the only way that we could be at this point in our journey and working together makes all the difference.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Millions of dollars in state funding will help pave the way for construction of a $65 million mixed-use commercial and entertainment development project in Coatesville, bringing new jobs and economic opportunity to city residents, said state and local leaders at a recent press conference. The funds, including a $3.6 million state grant and a $5.4 […]<\/p>\n","protected":false},"author":1,"featured_media":50810,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1259,133,7426,14649],"class_list":["post-50811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-coatesville","tag-development","tag-featured","tag-the-flats"],"_links":{"self":[{"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/posts\/50811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50811"}],"version-history":[{"count":1,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/posts\/50811\/revisions"}],"predecessor-version":[{"id":50812,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/posts\/50811\/revisions\/50812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=\/wp\/v2\/media\/50810"}],"wp:attachment":[{"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.unionvilletimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}