You may have noticed a link to the right that encourages you to Take the Survey.
It sends you to a Google Form that asks a few demographic questions and some general questions like whether you think that this is a good idea.
It also asks about which amenities you are interested in.
This is a great opportunity to let your voice be heard.
Saturday, December 12, 2015
Frequently Asked Questions from the survey, comment form, Facebook, and personal interactions.
- Is this real?
- The project is in an early exploratory phase (Phase 1). Forest Park owns the land.
- In phase 1 of this effort, the committee will be working with Forest Park officials to develop a vision for developing the land as a community cultural asset and recommending a path forward.
- What will the park have? How much will it cost? Who is paying for it? How will it be managed?
- The next Phase, Phase 2 of the project will look in detail at the above questions. Ultimately, the Village of Forest Park will need to decide on a set of linked decisions that provide the best mix of costs, benefits, and mitigation of potential risk for the city. Cost can be from $1 million to $10 million+ depending on the decisions made in Phase 2.
- Some of the important decisions in Phase 2 will include:
- What is the configuration of the park? Concert venue, art park, running trails, multi-season, etc. How much room to leave for future enhancements? Take the survey!
- How will initial construction be paid for? Private funding, bond issue, grants?
- Will the city retain ownership of the land?
- Who will run operations? City or private group?
- Revenue sources? Concert tickets, concessions, naming right
- How much will the ongoing costs be?
- For reference, River Edge Park in Aurora cost about $14 Million, Downers Grove Veterans Memorial Pavilion was about 1.3 million
- What are the benefits and costs to Forest Park?
- Nearby cultural events
- Added green / recreational space
- Area to hold special events
- Drives traffic to and from Madison St. and other surrounding business districts.
- Enhanced tax revenue from concessions, parking, royalties, and increased business
- Possible negatives
- Increased motor vehicle traffic
- Increased safety and security issues
- What will happen in future phases?
- Phase 3 will be the main go forward decision. Once the decisions about configuration, operating model and funding sources are made, details and appropriate due diligence will be finalized.
- Phase 3 will include preparation of detailed construction and operating plans and a full risk-reward analysis.
- Phase 3 will answer things like questions about traffic management, security operations, specific issues about control and governance of the facilities.
- Once all the loose ends are tied, the city will make decisions for the final investment
- Phase 4 is construction and preparation for operations and maintenance.