|CHANDLER, AZ – Wakeboarding, knee boarding and wake skating are making a splash in Chandler as 1440 Cable Factory is approved to build a state-of-the-art wakeboarding facility in Chandler. The Chandler City Council approved a 25-year lease agreement for approximately 26 acres in Tumbleweed Park Thursday night.
The facility will have two lakes to accommodate both beginners and experienced wake boarders, and be built to attract regional and national events. As wake boarding is one of the most popular extreme sports in the country, this facility is expected to become a destination attraction, filling more than 4,000 hotel room nights and account for $4.96 million in direct spending in its first year.
“This is a win for Chandler all the way around,” said Mayor Jay Tibshraeny. “Not only will this give Chandler families another choice for entertainment, it will help drive Chandler as an economic engine.”
The City will not provide any incentives for the project, and has agreed to a 25- year fair market value lease with 1440 Cable Factory, at $180,000 annually for the first 10 years and incremental increases in the remaining years.
It is planned as a resort-style facility, with beachfront access for observers, and is envisioned to partner with local colleges and universities to host classes, practices and events. The $5 million project will provide over 100 jobs during the construction phase, and an estimated 40-50 employees during normal operation.
“Our first-class, beachfront, resort style Cable Park will be recognized as one of the top 5 wake board facilities in the world, and number one in the United States. We see Tumbleweed Park as a prime destination for family and sports enthusiasts, and like Chandler, use a forward-thinking approach to both tourism and providing their residents with the best in recreational services possible,” said Todd Arnold and Matt Shannon, owners of 1440 Cable Factory.
Construction is expected to begin in the summer with the park opening in summer 2012.
View wakeboard park rendering.