Fifth Third Field – MiLB Class AAA Toledo Mud Hens


Ballpark Development Consulting And Program Management

B&D served as the Sports Facility consultant to the Ohio Cultural Facilities Commission, the body through which the State of Ohio participated in funding sports facilities at the major league levels. In this role we provided consulting on the market and financial feasibility, economic impact potential, design, and construction of almost every major league and minor league professional sports facility developed in Ohio beginning in1996. Ultimately we were responsible for advising the state on the approval of project funding. In 2001 we consulted on the financial feasibility, economic and fiscal impacts, design, and construction drawings for the Toledo Mud Hens’ new ballpark in the urban core of Toledo. A key focus of this work was the projected revenue streams and construction cost risks of the urban location. The financing structure was fairly straightforward but it relied on a series of private revenues, including naming rights, advertising and sponsorship, and premium seating sales, which we analyzed and validated. Mitigation strategies were developed, and in 2002 the $39.2 million, 10,300-seat Fifth Third Field opened and was named ‘Best Minor League Stadium’ by Newsweek magazine.