Venue Detail
Quad Cities Steamwheelers
Revenues From Sports Venues Pro Facilities Report
January, 2010
Quad Cities Steamwheelers
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200 W 3rd St Davenport, IA 52801 Phone: 563-324-4888 Fax: 563-324-4777 URL: www.steamwheelers.com Owner: Jim Foster League: arenafootball2 American Conference, East
Venue
iWireless Center, 1201 River Dr, Moline, IL 61265-1300 Owner: Quad Cities Civic Center Authority Managed by: Owner Built: 1992 Capacity: 10,500 Permanent concession stands: 8 Concessionaire: Aramark Soft drink: Pepsi Cola
Naming rights
Sold to: iWireless Price: $4, 250,000 Term: 12 years Expires: 2017
Ticket prices
Season tickets range from $80 to $360 Single tickets range from $10.00 to $50.00 2007 average attendance: 3,949 2008 average attendance: 4,306 2009 average attendance: 4,312
Luxury Suites
Quantity: 15 Term: 3 to 3 years Price: $12,000 to $30,900 Seats: 12 to 24 Includes: Private entrance, parking, wait staff.
Financing
The $36 million building was financed with a $28 million state grant, $6.1 million in general obligation bonds and $2 million in private funds. The bonds were backed by the city's sales tax. Pct. public: 100
The arena, formerly known as The Mark, was built in 1992, the facility has a waiting list for its 20 suites. The Venue added six new club suites on the building's west end. Half of the suites, in an area known as The Truss Club, have already been leased at prices ranging from $9,000 to $15,000 annually. The suites seat 12 or 16 fans.
The suites will generate an estimated $72,000 a year for the building and will cost under $150,000 to build. The suites will be open for sports and in-the-round concert events. They will be dark during stage shows.
Another marketing feature is its "arena club" membership. Up to 1,000 people can pay an annual fee of $45 and be able to purchase up to eight tickets for facility events before they are available to the general public. Suite revenue goes to the facility; the teams do not share in that revenue. (Facilities, Financial, Football, Professional Sports, Venue)