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ForGreer Project Timeline

March 12, 2024

March 26, 2024

April 9, 2024

  • First & final reading of Resolution 13-2024 on the Installment Purchase Agreement and ratifying the 501 (c)3, Corporation for Greer, passed with a 6-1 vote

May 28, 2024

June 4, 2024

June 11, 2024

August 15, 2024

  • Press release goes out announcing Sports and Events Center location

  • Livestream of the Sports and Events Center location reveal on site

  • Video recapping the announcement event

October 22, 2024

  • Video recap from the October 22, 2024 City Council meeting discussing approved funding for the construction of the Police and Fire Training Facility

forgreer initiative timeline of events

Investment

The ForGreer projects total about $92 million. That’s a big investment, but the City of Greer has a solid plan to finance the projects. 

Estimated costs:

  • Public Safety Training Facility = $17 million

  • Parking Garage = $14 million

  • Sports & Events Center = $51 million

  • New Fire Station = $10 million

Funding

Installment Purchase Revenue Bonds (IPRB), Series 2024

  • Total of $40 million in proceeds

  • Fully funds Public Safety Training Facility

  • Fully funds Depot St. Parking Garage

  • Leaves $9 million to acquire land, reimbursements, and startup expenses for two remaining projects

IPRB, Series 2025

  • Total of $52 million in proceeds

  • $42 million to pay balance of Sports & Events Center project

  • Fully funds new Fire Station

Pro Forma & Feasibility Study

In anticipation of the sports & events center, the City of Greer hired a third-party firm to complete a pro forma and feasibility study. The reports include an extensive financial forecast, economic impact analysis, and program recommendations. You can read both reports in full by clicking below.