Venue Detail
Oakland County Cruisers
Revenues From Sports Venues Pro Facilities Report
February, 2012
Oakland County Cruisers
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277 Summit Dr Waterford, MI 48328 Phone: 248-681-0700 URL: www.cruisersbaseball.com Owner: Baseball Heroes of Oakland County LLC League: Frontier League, West
Venue
Cruisers Diamond at The Summit, , Waterford, MI Owner: Baseball Heroes of Oakland County LLC Managed by: Owner Built: 2010 Capacity: 1,250 Concessionaire: Owner Soft drink:
Ticket prices
Season tickets range from $450 to $450 Single tickets range from $10.00 to $10.00
Attendance
2010 average attendance: 607
Suites
Quantity: 6 Price: $18,000 to $18,000 Seats: 24 to 24
Financing
The $9.5 million ballpark was privately financed.
The Cruisers began play in an unfinished ballpark. In March 2010, work on a concourse, 1,250 permanent seats and 1,750 lawn seating was completed along with the picnic area and beer garden.
Once the first season is over, construction on the permanent ballpark would resume – including locker rooms, luxury suites, media center, ticket office and an old-fashioned ticket booth.
Diamond Heroes announced in October 2007 they planned to construct a 3,944-seat ballpark behind the Summit Place mall in Waterford.
The original plan was to use debt-financing to construct the ballpark. The global economic crisis and a new plan was needed and that included selling shares of the ballpark to the public.
Shares were priced at $10 each and sold in blocs of 100, with a maximum of 500,000 shares for sale. The private owners will continue to own the controlling number of shares and will be responsible for team operations. (BaseballMinor, Facilities, Financial, Professional Sports)