CATALYST PROJECT

Please click on the picture to be taken to the City of High Point’s website and their

STADIUM CONSTRUCTION WEBCAM!

Why?

Having a vibrant downtown, 52-weeks a year is not only important to the enhancement of our community for our current residents and businesses, but is vitally important to our future economic competitiveness. We are facing new economic realities and a new generation of residents. We must not only plan for those change; we must implement those changes.

The High Point City Council set a series of goals in 2016: to bring new restaurants, residents and commercial activity into the downtown area, while retaining our furniture showroom heritage. Realizing that the city was going to need to lead by example, give confidence to the private investment community and provide foundation from which to grow, city council recommended implementing a “catalyst” project. After tremendous amount of research, the consensus on that project was a multi-use stadium, to be anchored by a minor league baseball team.

Please visit the City of High Point’s “Catalyst Project” webpage for more information:

https://www.highpointnc.gov/2042/Catalyst-Project-Background-Information

What?


Multi-Use Stadium

At the center of the “Catalyst Project” is new multi-use stadium to be built by the City of High Point. With an estimated cost of about $35 million, this stadium will be the new home for a team from the Atlantic League of Professional Baseball in the spring of 2019. The baseball team (Name TBD) will play a full 70-game home schedule between April and September of each year, providing the anchor of activity within the redevelopment area.  Click here for updates from the city: https://www.highpointnc.gov/2000/Multi-Use-Stadium-Project

In addition to baseball, the stadium will host numerous special events like concerts, festivals and other community activities. The stadium has also been designed to allow it to host soccer, football and even lacrosse.

Learn more about the High Point baseball team on their new website here!

Additional Amenities

In September 2017, Dr. Nido Qubein, President of High Point University, announced that in addition to the money raised, there would be a total of $50 Million in pledges and donations to be used to:

a) Buy the Professional Baseball Team for the Stadium

b) Naming Rights for the Stadium with BB&T – AN UPDATE; As of April 11th, 2018 – the stadium is now called BB&T Point Stadium!

c) Children’s Museum

d) Events Center

e) Interactive Park

These additional attractions will also be built within the redevelopment area, just west of Main Street.

In The News:

Qubein picks local leaders to help steer projects near stadium

Stadium effort gets big backers

Private Development

The purpose of the Catalyst Project has been to create an area of activity that would then attract private investment around it. Because Forward High Point assisted the City of High Point in assembling the land for the stadium, we have also assembled additional acreage around the stadium for this other development. To coordinate and facilitate this private development, the City and FHP have contracted with Elliott Sidewalk Communities to serve as the Master Developer.

Therefore, in addition to the Stadium Children’s Museum, park and Event Center, Elliott Sidewalk Communities is proposing to develop a hotel, multiple office buildings, restaurants, cafes, several hundred apartment units, senior housing and retail space over the next 5 years. The first buildings within this master-planned urban community are slated to be under construction during the construction period of the stadium.

* Renderings of Catalyst Project subject to change.

Why?

Having a vibrant downtown, 52-weeks a year is not only important to the enhancement of our community for our current residents and businesses, but is vitally important to our future economic competitiveness. We are facing new economic realities and a new generation of residents. We must not only plan for those change; we must implement those changes.

The High Point City Council set a series of goals in 2016: to bring new restaurants, residents and commercial activity into the downtown area, while retaining our furniture showroom heritage. Realizing that the city was going to need to lead by example, give confidence to the private investment community and provide foundation from which to grow, city council recommended implementing a “catalyst” project. After tremendous amount of research, the consensus on that project was a multi-use stadium, to be anchored by a minor league baseball team.

What?


Multi-Use Stadium

At the center of the “Catalyst Project” is new multi-use stadium to be built by the City of High Point. With an estimated cost of about $35 million, this stadium will be the new home for a team from the Atlantic League of Professional Baseball in the spring of 2019. The baseball team (Name TBD) will play a full 70-game home schedule between April and September of each year, providing the anchor of activity within the redevelopment area.

In addition to baseball, the stadium will host numerous special events like concerts, festivals and other community activities. The stadium has also been designed to allow it to host soccer, football and even lacrosse.

Learn more about the High Point baseball team on their new website here!

Additional Amenities

In September 2017, Dr. Nido Qubein, President of High Point University, announced that in addition to the money raised, there would be a total of $50 Million in pledges and donations to be used to:

a) Buy the Professional Baseball Team for the Stadium

b) Naming Rights for the Stadium with BB&T

c) Children’s Museum

d) Events Center

e) Interactive Park.  These additional attractions will also be built within the redevelopment area, just west of Main Street.

In The News:

Qubein picks local leaders to help steer projects near stadium

Stadium effort gets big backers

Private Development

The purpose of the Catalyst Project has been to create an area of activity that would then attract private investment around it. Because Forward High Point assisted the City of High Point in assembling the land for the stadium, we have also assembled additional acreage around the stadium for this other development. To coordinate and facilitate this private development, the City and FHP have contracted with Elliott Sidewalk Communities to serve as the Master Developer.

Therefore, in addition to the Stadium Children’s Museum, park and Event Center, Elliott Sidewalk Communities is proposing to develop a hotel, multiple office buildings, restaurants, cafes, several hundred apartment units, senior housing and retail space over the next 5 years. The first buildings within this master-planned urban community are slated to be under construction during the construction period of the stadium.

* Renderings of Catalyst Project subject to change.

Partners

Hayden Harman Foundation
Hp Community Foundation
HPU
Market
Southwest Renewal
Build HP
HP CVB
HP Chamber
HP Economic Dev
City of High Point

164 South Main Street,
Suite 606
High Point, NC 27260

336.883.9892

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