Westfield’s Grand Park far from break-even
Since opening in summer 2014, Grand Park has operated millions of dollars in the red and is projecting a $3.86 million deficit next year. Revenue is growing—but so are expenses.
Since opening in summer 2014, Grand Park has operated millions of dollars in the red and is projecting a $3.86 million deficit next year. Revenue is growing—but so are expenses.
Jonathan Byrd’s has for years been quietly expanding beyond its successful restaurant and catering company in Greenwood. Now, it is shifting most of its attention to Hamilton County.
Westfield filed the lawsuit earlier this year, seeking $3 million from Illinois-based Turf Solutions Group LLC and its bonding company, Oklahoma-based Granite RE Inc., for breach of contract and negligence.
Mainly known for its restaurant and catering, Greenwood-based Jonathan Byrd’s continues to beef up its resume and is expand its presence at Westfield’s Grand Park Sports Campus again.
Grand Park Sports Campus topped 1 million visitors last year, which helped to more than double visitor spending in the community and push the economic impact to more than $150 million.
Craig Wood has spent most of his 60 years on 191st Street in Westfield, living and working on his family farm. For most of that time, the adjacent land has been other houses and farm fields, but that all changed on Nov. 18, 2011, when construction on Grand Park Sports Campus began.
Westfield asked for proposals for a “lodging solution” on 5.26 acres of city-owned property immediately to the west of the future indoor soccer facility on 191st Street. Now officials are negotiating with bidder Jonathan Byrd’s, which offered a plan for a 180-bed hotel.
A strong debut for Westfield’s Grand Park Sports Campus is driving hotel demand for a town without any rooms of its own and few hotels in the works.