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HomeMy WebLinkAboutSubmittal-Vicky Leiva-U.S. Sailing Center Existing Lease Economic Impact OverviewSubmitted into the public record r it m s) _1n• i on City Clerk EXISTING LEASE ECONOMIC IMPACT OVE IMMO Regattas at USSC Participants Days of Event Years Held at USSC Years Held in Miami Out of Town Parb'rP In Town Patdpants Avg. Hotel Night Cost (Per/Person) Avg. (Em.,awes) at Rertauranw Stores Economic impact of Out of Town Participants Economic Impact of Out of Town Participants 1. Orange Bowl Intl. 700 sailors 5 20 30 600 100 $75 $100 $10,500,00 S10,S00,00(CxDxF)x0i+0 Youth Regatta (30 +/- Countries) 600 non-sailors/coaches 5 20 30 500 100 $75 $100 $8,750,00.00 $8,750,OO.CO(CxDxF)x(H+0 2. Olympics Classes 543sailors 7 20 29 500 43 $75 $100 $12,250,000 $12,250,0;0(CxDxF)xp-I+0 $2,205,000(CxDxF)x01+0 Regatta (World Cup) 100 non-sailors/coaches 7 20 29 90 10 $75 $100 $2,205,000 3. Pre -World Cup Event Week 1:50 sailors 7 20 29 40 10 $75 $100 $980,000 $980,0:0(CxDxF)x(l+O 10 non-sailors/coaches 7 20 29 40 10 $75 $100 $980,000 $980,030(CxDxF)x(H+0 Week 2: 100 sailors 7 20 29 80 20 $75 $100 $2,800,000 $2,8C0,0D0(CxDxF)x(H+0 20 non-sailors/coaches 7 20 29 16 4 $75 $100 $392,000 $392030(CxDxF)x(H+0 Week 3:300 sailors 7 20 29 240 60 $75 $100 $5,800,000 $5,900, O xDxF)x(H+O 75non-sailors/coaches 7 20 29 45 30 $75 $100 $1,102,500 $1,102,500(CxDxgx(H+0 4. Pre -World Cup Event 120 sailors 3 5 5 96 24 $75 $100 $252,000 $252000(CxDxF)x(H+0 5. Bacardi Cup 162 sailors 6 20 56 130 32 $75 $100 $2,730,000 $2,730,000(CxDxF)xp-I+0 30 non-sailors/coaches 6 20 56 20 10 $75 $100 $420,000 $420,000(CxDxgx(H+0 6. Star World 144 sailors 10 1 1 130 14 $75 $100 $227.500 $227,500(CxDxF)x(H+O Championships 2016 40 non-sailors/coaches 10 1 1 30 10 $75 $100 $52,500 452,503 (Cx Dx F)x 0-I +0 7. Star World 209 sailors 8 1 1 200 9 $75 $100 $280,000 $280,000(CxOxf)x(H+0 Championships 2008 40 non-sailors/coaches 8 1 1 30 10 $75 $100 $42,000 $42,000(CxDxF)x(H+0 8. Bacardi Miami 2017: 169 boats x 2-3 sailors 6 4 4 338 84 $75 $100 $1,419,600 $1,419,600(CxDxt)x04+0 Sail Week 25 non-sailors/coaches 6 4 4 20 5 $75 $100 $84,000 $84,000(CxDxI7x(H+0 9. Bacardi Cup J70 2018: 47 boats x 4 sailors 6 1 1 180 8 $75 $100 $189,000 $189,000(CxDxF)x(FI+q 10. US Sailing 110sailors 3 4 4 90 30 $75 $100 $189,000 $189,000(CxDxF)x(H+0 Thanksgiving Clinic 25 non-sailors/coaches 3 4 4 20 5 $75 $100 $42,000 $42000(CxDxF)x(H+0 11. Star Winter 48-100 boats x 2 sailors 12 20 20 20 30 $75 $100 $5,040,000 $5,040,000rxDx f7xM+0 Series Event 12. Etchells Winter Series 50 boats x 3 sailors 11 19 19 120 30 $75 $100 $4,389,000 $4,389,000(CxDxF)x(H+0 (5 regattas form 1994) 13. Etchells Winter Series 60 boats x 3 sailors 9 5 5 144 36 $75 $100 $1,134,000 $1,134,000(CxDxI7x(H+0 (5 regattas from 2002) 14. 29er Midwinters East 60 sailors 3 8 8 58 8 $75 $100 $243,600 $243,600(CxDxF)x0l+0 15. Canadian Spring 30-40 sailors 6 10 10 35 0 $75 $100 $367,000 $367,OJ()$ x0xF)x01+0 Break Training 16. 2012 Snipe Nationals 90 sailors 5 1 1 72 18 $75 $100 $63,000 $63,093(CxDxFix (H+0 17. 2011 Laser Regatta 24 sailors 2 1 1 15 9 $75 $100 $5,250 $5,250(CxDxF)x(H + 0 18. Lightning Midwinters 87 sailors 3 20 20 82 5 $75 $100 $861,000 $861,000(CxDxF)xp-I+O 19 2017 Snipe 52 sailors 3 1 1 42 10 $75 $100 $22,050 $22,050 (Cx Dx F)x(H + .0 Women's Nationals 20. J70 Midwinters 183 sailors 5 1 1 175 8 $75 $100 $153,125 $153,125(CxDx9x0-I+0 21. 2003 Lightning World 200 sailors 8 1 1 190 10 $75 $100 $266,000 $264003rxDxF)x0l+0 Championships 25 non-sailors/coaches 8 1 1 20 5 $75 $100 $28,000 $28,000(CxDxF)x(H+0 22. BBYRA EventCalenda' 2,000+ sailors 24 20 30 0 2000 $75 $100 $0 $0(CxDxF)x(-1+0 (Local regatta) 23. Winter Training- 48sailors 7 5 5 0 7 $75 $100 $0 $0(CxDxF)x(H+I1 High School Club 42C 24. Winter Training- 50sailors 14 10 10 25 25 $75 $100 $612,500 $612,500(CxDxF)x(H+0 Optimist sailors $64,872,125 $64,872,125(CxDxg44+0 Total Estimated Impact $64,872,125 MA- �.�- ttNx- SlhAC¢Aef 6-144,U4)t EcamittatAiq.k v\ew J Submitted into the publc� record fof iteip(s) on ANNUAL ECONOMIC IMPACT FROM 5 Ia'�i City Clerk OUT OF TOWN PARTICIPANTS US. SWUNG (INTER MIAMI Regattas at USSC Participants Days of Event Out of Town Participants In -Town Participants Avg. Hotel Night Cost (Per/Person) Avg. (Expenditures)' Restaurants/ Stores Economic Impact of Out of Town Participants Economic Impact of Out of Town Participants 1. OrangeBowllntl. 700sailors 5 600 100 $75 $100 $525,000 (CxD)x(F+G) Youth Regatta (30 +/- Countries) 600non-sailors/coaches 5 500 100 $75 $100 $437,500 (CxD)x(F+G) 2. Olympics Classes 543sailors 7 500 43 $75 $100 $612,500 (CxD)x(F+G) Regatta (World Cup) 100 non-sailors/coaches 90 10 $75 $100 $110,250 (CxD)x(F+G) 3. Pre -World Cup Week 1: 50 sailors 7 40 10 $75 $100 $49,000 (CxD)x(F+G) Training at USSC 10non-sailors/coaches 7 40 10 $75 $100 $49,000 (CxD)x(F+G) Week 2: 100 sailors 7 80 20 $75 $100 $98,000 (CxD)x(F+G) 20non-sailors/coaches 7 16 4 $75 $100 $287,000 (CxD)x(F+G) Week 3: 300 sailors 7 240 60 $75 $100 $294,000 (CxD)x(F+G) 75 non-sailors/coaches 7 45 30 $75 $100 $55,125 (CxD)x(F+G) 4. Pre -World Cup Event 120sailors 3 96 24 $75 $100 $50,400 (CxD)x(F+G) 5. Bacardi Cup 162 sailors 6 130 32 $75 $100 S136,500 (CxD)x(F+G) 30non-sailors/coaches 6 20 10 $75 $100 $21,000 (CxD)x(F+G) 6. Bacardi Miami 169 boats x 2-3 sailors 6 338 84 $75 $100 $354,900 (CxD)x(F+G) Sail Week 25 non-sailors/coaches 6 20 5 $75 $100 $21,000 (CxD)x(F+G) 7. US Sailing 110sailors 3 90 30 $75 $100 $47,250 (CxD)x(F+G) Thanksgiving Clinic 25 non-sailors/coaches 3 20 5 $75 $100 $10,500 (CxD)x(F+G) 8. Star Winter 48-100 boats x 2 sailors 12 120 30 $75 $100 $252,000 (CxD)x(F+G) Series Event 9. Etchells Winter Series 50 boats x 3 sailors 11 120 30 $75 $100 $231,000 (CxD)x(F+G) (5 regattas form 1994) 10. Etchells Winter Series 60 boats x 3 sailors 9 144 36 $75 $100 $226,800 (CxD)x(F+G) (5 regattas from 2002) 11. 29erMidwintersEast 60sailors 3 58 8 $75 $100 $30,450 (CxD)x(F+G) 12. Canadian Spring 30-40sailors 6 35 0 $75 $100 $36,750 (CxD)x(F+G) Break Training 13. Lightning Midwinters 87 sailors 3 82 5 $75 $100 $43,050 (CxD)x(F+G) 14. Snipe Regattas 30sailors 5 30 0 $75 $100 $26,250 (CxD)x(F+G) (Don Q, Commodore Rosco) 15. BBYRA EventCalendar 2,000+ sailors 24 0 2000 $75 $100 $0 (CxD)x(F+G) (Local regatta) 16. Winter Training- 48sailors 5 75 0 $75 $100 $65,625 (CxD)x(F+G) High School Club 420 17. Winter Training- 50sailors 14 25 25 $75 $100 $61,250 (CxD)x(F+G) Optimist sailors $4,132,100 Total Economic Impact of Out of Town Participants $4,132,100