A group of five men are proposing a $45 million
development project to benefit northern Boone, southern
Randolph and western Audrain counties. The group hopes to use
tax increment financing (TIF) to make the enterprise a
reality.
Robert Stone of Sturgeon says that he, along with
Tony Stuart of Sturgeon, Curt Hardin, Dave Babel and Carl
Edwards, Sr. of Columbia, have purchased outright, or signed
contracts for, 440 acres of property that comprise the
northeast corner of the intersection of Highways 22 and 63
commonly known as Collier’s
Junction.
The location was chosen by the following criteria,
said Stone: Existing highway infrastructure, access to major
thoroughfares, low residential impact and the ability to put
together a large enough tract of ground. “This is one of the
locations that fits all the business plan objectives that are
required of a project of this
nature.”
The purchase was made under the auspices of the
Nighthawk Development Corporation, of which Stone serves as
general operations director.
Their plans for the area include, said Stone: a
full service national brand travel center; a fine dining
establishment and entertainment lodge; a 240,000 square foot,
7,500 seat multipurpose coliseum and outdoor arena, a national
chain hotel, a recreational vehicle park, a business park and
a motor sports complex.
Plans for the motor sports aspect of the complex
include a small circle dirt track, a paved course, a paved
drag strip and a motocross
course.
The coliseum will be floored with “engineered
dirt,” said Stone, which should produce very little dust.
Stuart said that surface will enable the complex to host
indoor motocross and go kart races during the winter months,
traditionally a down time for those Midwestern enthusiasts who
don’t want to travel to warmer climates to
compete.
“We were amazed at all the people that were at
these little bitty race tracks,” said Stuart recounting how he
and Stone would take their children to go kart races in
Illinois.
“It was a very family-oriented atmosphere. We
stayed at a hotel, and ate at restaurants,” said Stone. “Some
of these events lasted three days. You used to be able to do
this around here. We’re hoping to bring this market back to
Mid-Missouri.”
Regarding the motor sports aspect of the complex,
Edwards said his son, Carl Edwards, Jr., a nationally-known
NASCAR driver, had sent a “letter of interest” regarding
participating and promoting the
project.
Stuart said the coliseum would offer 80,000 square
feet of office space. He said the plans also include
facilities that could be used to host weddings and banquets.
“The building is almost a six acre building,” said Edwards.
“We plan to do predominantly horse shows there, but it will
lend itself to exhibitions, trade shows and concerts and
indoor motor sports.”
Additionally, the project would include a fire
station for the Southeast Randolph County Fire Protection
district. “We are looking to establish a new fire station on
that property,” said Stone. It will also have its own water
tower and wastewater treatment
facility.
One request of the Randolph County Commission was
to make the facility “as green as possible,” said Stone. He
said planned green aspects would include recycling, green
space and lakes.
He noted the group had commissioned a Phase 2
Environmental study, and initial cleanup of the site of the
old filling station would cost in the neighborhood of
$100,000.
Stone said he has encountered very little concern
about environmental impact, except perhaps noise from the
motor sports. Babel pointed out that there is a buffer-zone of
trees along the north and east sides of the
complex.
“At $45 million it is not a small project,” said
Stone. He said the project is designed to serve the US 63
corridor and attract visitors and business from across the
Midwest to a recreation and entertainment center featuring a
variety of venues.
“You’re not just recycling local dollars with this
project,” said Stone. “It will bring in outside
dollars.”
The group had commissioned an economic impact study
of the area. The first year of business, said Stone, the
project should draw approximately $27 million in commerce to
within a 30-mile area of the intersection. By the second year
that number should increase to $49 million, he said. Stone
said the complex should employ approximately 125
people.
Stone predicted the development would benefit the
school district by attracting new residents and residential
development to the area.
“We saw there was a need for this medium market
facility, there are large facilities that will seat
15,000-plus,” said Stone, a Hallsville R-IV graduate and
former U.S. Marine. “But there are no facilities that will
seat this type of crowd. Having an engineered dirt-floor arena
enables us to do many of the projects we’ve talked about; the
motor sports, the horse events, the concerts. You could have
your concert on Wednesday night and Thursday, Friday and
Saturday have a national horse
event.”
Edwards said the equestrian events would be large
enough to merit national television
coverage.
Stone said once the area is approved as a TIF
Redevelopment District construction will start immediately
with the travel center, approximately June 2008. Stone said
ideally construction on coliseum would begin that
fall.
Stone and his partners have approached the Randolph
County Commission for a TIF redevelopment project there. Stone
announced the project to the world at large when he spoke to
the Sturgeon R-V School Board, of which he is a member, about
them appointing two members to the TIF commission. The board
appointed Stan Ingraham, R-V superintendent, and Doug Bowne,
school board member. The nine-member commission will be made
up of representatives of each of the tax accessing entities
with domain over the area.