Rock Island Arsenal EUL

Novogradac was engaged to determine the viability and thereafter the potential execution of an enhanced use leasing project (EUL) at Rock Island Arsenal, Illinois. The EUL project would potentially include the Rock Island Arsenal Golf Club (which includes the 18 hole golf course, historic club house, swimming pool and other supporting facilities), a historic general's quarters (which is approximately 22,000 square feet), and an Army MWR build and operated golf driving range directly inside the front gate. Our market study analyzed the economic development climate, area golf courses and the hospitality market. It included data gathered from the most recent Census, Department of Defense Base Infrastructure Report, the National Golf Foundation, local Rock Island Arsenal personnel, local, regional, and national golf course owners and operators, and bed & breakfast/small inn owners and operators. This ongoing assignment is proceeding through the RFQ, Industry Forum, and proposal evaluation stages as Novogradac assists the Army in selecting the best development team to build and manage this overall project.