CMP – Background & Current Status 2013

The following is a summary of the attached nine page paper entitled CMP Background and Current Status 2013 researched and written by Professor Clarence C. Elebash.

Summary

The original Community Maritime Park (CMP) plan had merit. Many good people put much time and effort into it. However, the project is much changed from the original proposal. The baseball stadium is the only major component remaining as initially planned, and it was expanded from the original design. The stadium is impressive, and fans have a spectacular view. However, the ballpark dominates the entire 30 acres. It over-shadows and encroaches upon the public area and the amphitheater. In actuality, the CMP became a “baseball complex”.

The success of the maritime park/baseball complex depends on commercial real estate development, but the real estate market has been in trouble since 2006. The basic CMP strategy was: 1) new development at the park would provide lease income to Community Maritime Park Associates (CMPA) for park operations and maintenance; and 2) increased property tax revenues (at the park and elsewhere downtown) would pay off the bonds sold to develop the park. Thus far, there is one commercial building under construction at the CMP and a second in the planning stage. No nearby development is directly attributable to the park.

Community Maritime Park shops Pensacola Florida

Blue Wahoos baseball is successful, but minor league stadiums do not create new economic activity. Fan support is strong, attendance is high and team owners are presumably making money. (Profitability is due in large part to a generous stadium lease.) The maritime/baseball park is costing the City millions of dollars in debt service, but minor league sports do not attract out-of-town money or out-of–town people. Money spent at the stadium mostly represents lost sales at other local food and entertainment businesses.

The consequences of Pensacola’s commitment to the CMP are:

1) the City will be short of funds for new capital improvements for many years to come;

2) the City will spend hundreds of thousands of dollars annually to operate the park, for at least the next several years and maybe indefinitely; and,

3) the City will be “at the mercy” of the baseball team owners when the stadium lease comes up for renewal.

Community Maritime Park baseball complex Pensacola Florida

The CMP evolved into a “baseball complex” as the result of a series of troubling events. The manner in which Pensacola approved and built the maritime/baseball park does not make a pretty picture. ~

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Attached below is the entire 9 page paper available in two different downloadable formats:

CMP Background & Current Status 2013 (Adobe PDF)

CMP Background & Current Status 2013 (Microsoft Word Doc)

This entry was posted in City of Pensacola, CMPA Documents, Community Maritime Park, Pensacola Chamber of Commerce, Pensacola City Council, Uncategorized and tagged , , , , , , , . Bookmark the permalink.

4 Responses to CMP – Background & Current Status 2013

  1. Pingback: An Examination of the Problems of the Maritime Park | Kerrigan Estess Rankin McLeod & Thompson

  2. Pingback: Community Maritime Park Documents | Kerrigan Estess Rankin McLeod & Thompson

  3. Pingback: CMPA Master Lease, Paragraph 10: Procedures to be Followed in Leasing Parcels on the Site | Kerrigan Estess Rankin McLeod & Thompson

  4. Pingback: CMPA Master Lease, Paragraph 11: Allocation of Revenues | Kerrigan Estess Rankin McLeod & Thompson

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