4/24/2006 9:40:34 AM
South Bend Officials and Gameday Centers have reached an agreement for the development of the new Gameday Center Condominium/Hotel and Parking Garage.

The 12-story, $40 million structure will be adjacent to the College Football Hall of Fame and across the street from the Century Center Convention Center. Developers will mainly market the condos to University of Notre Dame sports fans.

Source: Inside INdiana Business

Press Release

Mayor Stephen J. Luecke, Gary Spillers, CEO of Gameday Centers, and the South Bend Redevelopment Commission today announced that an agreement has been reached between the City and Gameday Centers for the development of the new Gameday Center Condominium/Hotel and Parking Garage, to be located at the corner of St. Joseph St. and Jefferson Blvd. in downtown.

"It is with great excitement and expectations that Gameday Centers comes to the bastion of college football, South Bend, Indiana, the home of the University of Notre Dame Fighting Irish and the College Football Hall of Fame," said Gary Spillers. "We are very excited to bring Gameday to South Bend, not just for Notre Dame fans, but for our community as well," stated Mayor Steve Luecke. "This project brings approximately $40 million in private investment to South Bend and is exactly the type of unique product that helps South Bend continue to be the regional center for development in our area. The 12-story structure will also be an impressive addition to the downtown skyline."

"Gameday builds its highly regarded real estate developments close to major college football venues and entertainment districts, and such will be the case in downtown South Bend, where we plan to erect one of our most exciting designs yet, adjacent to the College Football Hall of Fame and across the street from the Century Center Convention Center," announced Gary Spillers, CEO of Gameday Centers. "Our marketing efforts will seek out Notre Dame's sports teams' season ticket holders as the target market for these luxury sports condominiums, but this development is an attractive investment not only for sports fans, but the savvy investor as well."

Gameday expects to begin construction in mid to late summer on a twelve story building with a public/private parking garage on the first six levels and 150 luxury condominiums on the top six. In addition, there will be 12,000 sq. ft. of retail space available on the ground floor.

Suites will range in price from the $180's through $1 million, and will have all of the amenities necessary to enhance the "Gameday" experience, with 7-days-a-week concierge-style management and an optional rental program for owners, which is anticipated to help provide an additional 100 hotel rooms in the downtown area. When construction is complete, owners and guests alike will enjoy the advantages of easy access to the Notre Dame campus, Century Center, and some of the best entertainment and restaurant venues that South Bend has to offer. It is anticipated that construction will completed in time for the 2007 Notre Dame football season.

Gameday Centers has a proven track record of resales and management that has been outstanding at each facility they operate, and each Gameday development has been virtually "sold out" before completion.

Source: South Bend Mayor Stephen Luecke's Office
http://www.insideindianabusiness.com/newsitem.asp?ID=17724

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