• Loading stock data...
Monday, September 1, 2025
The biggest names in sports media. All in one room. Get your ticket now!

Massive H.S. Sports Complex Expected to Generate $65M Annually

  • Construction of the Mishawaka Fieldhouse is scheduled to start in February 2023.
  • The project is financed through the sale of $36 million of taxable lease-revenue bonds.
Card & Associates

A huge high school athletics facility that would attract schools from around the country could generate $65 million in annual revenue, according to the developer.

A 230,000-square-foot sports complex coming to the small Indiana town of Mishawaka is expected to be the latest youth sports facility aimed to generate tourism revenue.  

The city with a population of 51,000  will now attract visitors from across the U.S. as it hosts tournaments for volleyball, football, basketball, and soccer, among other sports. 

  • Construction of the Mishawaka Fieldhouse is scheduled to start in February 2023
  • The project is financed through the sale of $36 million of taxable lease-revenue bonds. 
  • The facility will be built by sports-focused real estate developer Card & Associates, which will run the venue.

“We have figured out a way to work with the communities and the cities to develop multiple revenue streams to show them why it makes sense to build a facility,” said founder Andy Card.

The youth sports market is projected to reach $77.6 billion by 2026, up from $19 billion in 2022.

No Slam Dunk

Expensive youth-focused sports facilities haven’t always thrived and driven profits. 

Nonprofit organization Legacy Cares Inc. sold $284 million of bonds to build Bell Bank Park, a 320-acre multipurpose sports complex in Mesa, Arizona, that opened in February 2022.

In October 2022, having failed to make three monthly payments toward the bonds after reporting 4.3 million guests at Bell Bank Park in its first year, Legacy submitted a regulatory filing via UMB Bank declaring itself in default.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 6, 2025; Los Angeles, California, USA; Son Heung-min poses during an LAFC introductory press conference at BMO Stadium

Son Heung-Min Effect Will Hit Big for MLS and L.A.

With a record signing, the South Korean supernova has landed at LAFC.
Dallas Wings

WNBA Teams Desperate to Expand Rosters Amid ‘Extreme Hardship’ 

The Wings are scrambling to field eight players Friday night.
Candace Parker

Candace Parker Not a WNBA Owner Yet, but Her Business Is Booming

Her WNBA peers say she made the blueprint for earning off the court.
Breanna Stewart

Breanna Stewart’s Injury Meant Rare Presence at WNBA CBA Talks

Stewart “makes the league sit up straight,” the union director told FOS.

Featured Today

Ohio State Buckeyes wide receiver Jeremiah Smith (4) celebrates with offensive lineman Donovan Jackson (74) after a touchdown catch against Notre Dame Fighting Irish in the first quarter during the College Football Playoff National Championship at Mercedes-Benz Stadium in Atlanta on January 20, 2025.

The Most Expensive Roster Year in College Football History

The House settlement created revenue-sharing—and a big NIL loophole.
August 26, 2025

‘You’re Going to Get Beat Up’: The Liberty’s All-Male Practice Squad

A select group suits up weekly to take on the defending champs.
August 24, 2025

The Honey Deuce Effect: How Tennis Perfected the Signature Cocktail

Sold every 1.5 seconds, they total more than $12 million in sales.
Dec 21, 2024; Austin, Texas, USA; Texas Longhorns quarterback Arch Manning (16) warms up as the Texas Longhorns prepare to play the Clemson Tigers in the first round of the College Football Playoffs at Darrell K Royal Texas Memorial Stadium.
August 23, 2025

Schools Are Hesitant to Allow PE Into Their Athletic Departments

Regardless of budget, schools don’t believe the risk is worth the reward.

As CFB Programs Add Corporate Field Logos, Are Jersey Patches Next?

Texas is adding a sponsor’s logo to its football field this season.
August 18, 2025

Browns $2.4B Stadium Plan Runs Into Airspace Turbulence

The team’s proposed stadium is deemed a threat to nearby airport operations.
Dec 10, 2024; Salt Lake City, Utah, USA; A general view of the Delta Center before the game between the Utah Hockey Club and the Minnesota Wild.
August 19, 2025

Utah’s Sports Boom Expands Into Music, Emulating Atlanta

The Jazz and Mammoth owner strikes a major deal with Live Nation.
Sponsored

Gareth Bale on MLS vs EPL, Retirement & Buying Cardiff City

Gareth Bale shares his post-soccer business playbook.
Sofi Stadium
August 14, 2025

Los Angeles Olympics Will be First to Sell Venue Naming Rights

The decision breaks with a longstanding Olympic policy.
Nov 30, 2017; Arlington, TX, USA; General overall view of the Dallas Cowboys logo at midfield during an NFL football game between the Washington Redskins and the Cowboys at AT&T Stadium.
August 14, 2025

Arlington Pays Off Its Cowboys Stadium Debt 10 Years Early

Another major NFL venue retires its public debt far ahead of schedule.
Fans watch as players make it into the 18th hole during round three of the Waste Management Phoenix Open at TPC in Scottsdale on Feb. 8, 2025. Arizona Republic
August 13, 2025

Country Club Initiation Fees Soar With Golf’s Popularity

In many areas, would-be members are joining decade-long wait lists.
July 30, 2025

Browns Push Forward on $2.4B Stadium Despite Political Obstacles

The NFL team plans a stadium groundbreaking, despite funding and legal issues.