Phase 2 Membership Presentation December 2015 1 Phase 1 History - - PowerPoint PPT Presentation

Phase 2 – Membership Presentation December 2015

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Phase 1 – History

• Opened in 2012 – 3 years of operating history

and compelling programming.

• Attendance is growing at about 40% per year.
• Revenue increased 46% and 70% for 2014 and

2015, respectively.

• First paid staff person hired in summer of 2015.
• Implemented new back office system in 2015.
• Planning for Phase 2 in ongoing.

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Phase 2 - Overview

• Fast Track’s Board of Trustees, volunteers and other supporters are ready to

commence with Phase 2 of the project, albeit in two parts – Phase 2A and Phase 2B.

• Phase 2A will add two high quality natural surface grass fields, lighting, fence,

parking lot improvements and other landscaping on the larger 5.3 acre parcel. The fields will be leased to and operated by Cleveland Plays.

• Cleveland Plays organizes and promotes a co-ed sport and social club geared toward

young professionals throughout the Greater Cleveland area. The new fields will attract 8,000 visitors per month.

• Phase 2B will be a newly constructed 49,000 (+-) sq. ft. pre-engineered steel building
• n the other 3.6 acre parcel.
• The building will be constructed over the current track without relocating it.
• Total investment between Phase 2A and 2B is over $3.3 million on top of the nearly

$500,000 that has been invested to date by Fast Track Cycling.

• Subject to funding and other hurdles, Phase 2A is targeted for completion in

September of 2016 while Phase 2B has a target completion date of November 2017.

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Site Plan

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Aerial Rendering

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Interior Renderings

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Floor Plan

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Building Amenities

• The indoor facility will be a 48,600 sq. ft. (180’x 270’) pre-engineered steel

building that will enclose the current 166 meter track.

• The existing track will remain in place while the building is constructed
• ver the top of it.
• There will be bathrooms, locker rooms and/or changing areas.
• Building will feature a tavern or sports bar with outdoor patio seating and

possibly views of the track.

• Two corner suites are being marketed for lease to small businesses in the

fitness industry (i.e. spinning, yoga, rock climbing, cross fit, etc.).

• The facility would provide concessions and merchandising operation for

bike races and other events and will have bleacher seating for 1,000 plus.

• Infield will accommodate an additional 500 spectators.
• An underground pedestrian tunnel will be constructed for convenient

infield access during riding and racing sessions.

• Ample free parking with 217 parking spaces.

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Memberships Benefits

• Memberships provide unlimited Open Riding
• Available with our without bike rental
• Members receive 10% discounts on classes,

merchandise and event tickets

• 6 and 12 Month options
• Discounts Available for college students and

bike industry people

• Monthly payments plans available

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Membership Pricing

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Monthly Contract Contract Adult Memberships Payment Term Commitment 6 Month Contract (With Bike Rentals) $85 6 $510 6 Month Contract (Use Your Bike) $75 6 $450 12 Month Contract (With Bike Rentals) $65 12 $780 12 Month Contract (Use Your Bike) $55 12 $660 College Student / Bike Industry Memberships 6 Month Contract (With Bike Rentals) $50 6 $300 6 Month Contract (Use Your Bike) $40 6 $240 12 Month Contract (With Bike Rentals) $30 12 $360 12 Month Contract (Use Your Bike) $20 12 $240

Contact Info

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Fast Track Cycling 20595 Lorain Road Cleveland, Ohio 44126 P: 216-256-4285 E: info@clevelandvelodrome.org Facebook: Cleveland Velodrome Website: www.clevelandvelodrome.org