Minor League Baseball Stadium
Components: 8,500-seat Ballpark
Project Value: $10 million
SAG prepared a market and financial feasibility study for historic Grayson Stadium in Savannah, GA. The study process included discussions with comparable ballpark management; analysis of historical attendance, revenues, and expenses; creation of a multivariable regression model to predict performance; and an analysis of potential team lease structures. The analysis concluded that the existing stadium was realizing comparable performance levels given the area’s demographics. While a new stadium could realize higher attendance, the economic benefits of building the new stadium were materially less than the costs of construction.