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6.
City Council Work Session
Meeting Date:
01/27/2015
Co-Submitter:
Heidi Hansen, CVB Director/Acting Econ. Vit. Dir.
From:
Heidi Hansen, CVB Director/Acting Econ. Vit. Dir.
Department:
Economic Vitality
Co-Submitter:

TITLE:

Northern Arizona University (NAU) High Country Conference Center Update

DESIRED OUTCOME:

This item is for Work Session information and discussion only.

EXECUTIVE SUMMARY:

The High Country Conference Center (HCCC) was built because of a need for a conference center with a hotel and parking facility. The project was developed through an intergovernmental agreement between NAU and the City of Flagstaff; and, Drury Inn built and financed the hotel. Financial commitments included a capital investment of an initial $24.7 million from NAU and $2 million as a capital contribution from the City to support the construction of public facilities, including but not limited to financial participation in the construction of the conference facility, parking structure and other public improvements. Total investment for the project, including construction of the Drury Inn, totaled $45.7 million.

HCCC opened in March 2008 and currently offers more than 25,000 square feet of meeting space. NAU contracts with Sodexo Conferencing to manage the facility and operations. Representatives from HCCC will be presenting information on the performance of this partnership since their last presentation to City Council on November 13, 2012.

INFORMATION:

COUNCIL GOALS:
5. Retain, expand, and diversify economic base

REGIONAL PLAN:
Policy ED.6.4: Encourage business education about the importance of tourism and its positive impacts on our region.

 

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