Description
The City of Long Beach is seeking a qualified consulting firm to conduct a comprehensive feasibility study evaluating the potential to attract a professional sports franchise and develop a premier sports and entertainment venue on the “Elephant Lot” waterfront site. The study will assess market demand, league expansion/relocation opportunities, public‑private partnership models, financial pro‑formas, and provide actionable recommendations and a roadmap for implementation. The contract is a firm‑fixed‑price, one‑year base term with an optional one‑year renewal (maximum two‑year duration). The anticipated budget is $80,000, though higher proposals are acceptable. Key elements include:
• Market and site analysis of the 13‑acre Elephant Lot and surrounding area.
• Evaluation of seven major sports leagues (NFL, MLB, NBA, NHL, MLS, WNBA, NWSL) for expansion or relocation prospects.
• Development of public‑private partnership and financing options, including cost estimates and operating economics.
• Stakeholder‑engagement plan and executive‑level briefing materials.
• Final written report with recommendations, risk assessment, and next‑step roadmap.