In the News

Hunden Partners, in partnership with the Johnson City Development Authority (JCDA) and the City of Johnson City, is proud to announce the release of the Request for Qualifications to identify and select a qualified developer for the redevelopment of the historic John Sevier Center and the Downtown Centre in Johnson City, Tennessee. Nestled in the foothills of the Appalachian Mountains in the northeastern portion of the state, Johnson City, known for its vibrant arts and culture scene, boasts stunning natural beauty, with easy access to outdoor activities like hiking, biking, rafting, and boating. The John Sevier Center, built in 1924 as a luxury hotel, provides for a compelling redevelopment opportunity to return this iconic building to its previous splendor. The project sits within an Opportunity Zone, would be eligible for historic tax credits, and other public funding tools.

Developers are requested to respond to this RFQ by the end of December and the most qualified firms will thereafter be invited to submit proposals. Interested firms can visit www.hunden.com/downloads for more information and submission details.

The Hilbert Circle Theatre has been a vital part of Indianapolis’ cultural and architectural heritage for over a century. With proposed renovations under review, this historic venue is poised for a transformation to honor its legacy while preparing it for future generations.

Hunden Partners is proud to contribute to discussing the proposed renovations for the historic Hilbert Circle Theatre, a cultural centerpiece of Indianapolis since 1916. As the home of the Indianapolis Symphony Orchestra (ISO), the theatre plays a key role in the city’s arts community. These updates will modernize its systems, strengthen its financial foundation, and secure its position as a cornerstone of cultural life in Indianapolis.

For more information, check out the Indianapolis Business Journal, ISO planning a major facelift for Hilbert Circle Theatre article.

Hunden Partners, led by CEO Rob(in) Hunden, recently completed a feasibility study for the Dream Big Burnside Authority for a resort at General Burnside Island State Park. The proposed development could generate $737 million in economic impact, create 700 construction jobs, and provide 28 full-time jobs once operational.

This project represents a transformative opportunity for Burnside, Pulaski County, and the entire 10-county region by expanding tourism beyond the summer months and creating a year-round destination. Proposed features include over 120 hotel rooms, rental cabins, multiple retail, food and beverage outlets, ballroom and meeting space, and outdoor event space—all while ensuring the park remains fully accessible to the public, including its beloved hiking trails, golf course, and other amenities.

The Ever-Changing Convention Center Landscape is Faced with Challenges and Opportunities

In a recent article in The New York Times, Rob(in) Hunden, CEO of Hunden Partners, discussed the economic benefit for communities when they choose to invest in convention centers. At Hunden Partners, we take a holistic approach in our market assessment, financial feasibility, and economic impact analyses and examine industry trends, financial realities, and unique opportunities for each destination where we work. The successful convention destination is more than just a great building but includes a compelling and authentic walkable district, plus a great multi-hotel package. Through these analyses, we assist our clients as they carefully consider the ROI of convention center investments. Rob’s insights help underscore the dynamic competition these cities face and the financial complexities involved.

Hunden Partners’ expertise continues to lead cities toward smart, data-driven decisions in today’s competitive, event-driven economy.

The City of Tulsa has issued a Request for Qualifications, the first phase of a two-part selection process, to identify qualified developers for a 650-room headquarters hotel adjacent to the Cox Business Convention Center.

Hunden Partners is committed to continuing to support the City of Tulsa’s vision to grow its economy and increase both business and leisure travel to the City with the addition of a convention center headquarters hotel. The project will enhance the Cox Business Convention Center and BOK Center within the Tulsa Arena District. Beyond meeting current demand, this hotel will position this district to be a catalyst for economic growth, drawing events that highlight the city’s assets and attract business leaders who may ultimately consider Tulsa for their operations.

Tulsa is on the move with substantial market growth, amazing tourism assets, and ongoing development across the city, including a $55 million upgrade to the Cox Business Convention Center, the addition of the OSU medical school campus, and the expansion of the Gathering Place. The addition of a headquarters hotel is a compelling development opportunity.

For more information on the RFQ and to see more details, visit https://lnkd.in/gU-my3EH

College Station Explores Transformational Growth

The City of College Station City Council recently awarded Hunden Partners, led by Rob Hunden, a contract to study the feasibility of a convention center. This marks a pivotal moment for the city as it considers the financial and economic implications to expand its convention center, which could increase the capacity to attract and host large-scale events, enhancing College Station’s position as a destination.

The study will unfold in two phases. The first will focus on gathering critical data and insights through stakeholder engagement, market analysis, and historical trends. The second phase, contingent on council approval, will delve deeper into evaluating potential sites, financial strategies, and the projected economic and community impact of such a development.

At Hunden Partners, we understand the transformative power of thoughtfully planned convention spaces. We look forward to seeing how this process unfolds and the long-term value it could create for the community.

Three years ago, Fabio de la Cruz introduced an ambitious vision for Lafayette Square Mall in Indianapolis, initially aiming for a $200 million transformation celebrating the diverse International Marketplace district. Today, the plan has grown to a $1 billion mixed-use development, “The Square,” featuring apartments, a hotel, a film studio, dining, and retail.

At Hunden Partners, we recognize both the potential and the complex challenges such a large-scale project presents. As our CEO, Rob(in) Hunden, states, “Transforming a regional mall into a vibrant, mixed-use destination is an untested idea and challenging to finance, especially in today’s economic environment.” Projects like these require visionary leadership, transparent financial structures, robust public-private partnerships, and clear pathways to investor confidence.

Hunden Partners remains dedicated to supporting projects that bring lasting economic impact. For all transformative projects, collaboration and clear funding strategies are vital to bring bold visions to life.

At Hunden Partners, our market analysis, financial feasibility analysis, and economic impact studies provide valuable insight and direction for a variety of project types, including underutilized historic buildings. In Johnson City, Tennessee, the Johnson City Development Authority engaged Hunden to determine the highest and best use of the John Sevier building, the redevelopment of which will build upon the revitalization already taking place in downtown Johnson City and provide future economic benefits to the city.

Historic buildings, with their architectural character and connections to the history of a place, provide a great platform for communities to anchor and enhance the authenticity and vibrancy of downtown destinations. Yet, these structures often present complex challenges for cities to find market-responsive uses with financing strategies to facilitate redevelopment. Our data-driven understanding of the market, in conjunction with our financial and impact analysis, provides the foundation that allows Hunden to help communities deliver transformative projects that exist at the intersection of real estate development and economic development.

At Hunden Partners, we specialize in real estate consulting for transformative projects that improve the quality of a place and help clients move their projects from concept to reality. Connect with us to learn more about our work in Johnson City and throughout North America.

We are thrilled to welcome Ronnie Burt as our new Senior Vice President. Ronnie has decades of experience in the destination management and convention industries, with a proven track record in markets like Washington, D.C., Kansas City, Indianapolis, and Baltimore. In his role, his primary focus will be on developing and serving Hunden Partners’ DMO, economic development organization, and municipal clients to create great places. This includes destination development and placemaking plans, feasibility studies and development strategies for major tourism assets such as convention centers, hotels, sports facilities, mixed-use districts and entertainment venues.

His leadership will help us continue expanding our impact on the global stage, ensuring that communities can develop great places that attract visitors and drive economic growth.

Welcome to the team, Ronnie!

At Hunden Partners, we are passionate about placemaking and committed to working with clients and their communities who dream of unlocking their potential.

That is why we are excited to announce that we have been selected by the Dream Big Burnside Authority to conduct a comprehensive feasibility study for the development of General Burnside Island. Our team will guide the process to assess the potential for this exciting public-private partnership aimed at transforming the island into a vibrant destination.

The study will explore opportunities to bring new amenities like lodging, restaurants, conference centers, and entertainment venues to the island that builds upon a vision dating back to 1958. We’re honored to work alongside the City of Burnside, SPEDA, and Pulaski County to help shape the future of this unique Kentucky State Parks asset.

At the recent Bisnow Indianapolis State of the Market event, Rob Hunden, CEO, joined a distinguished panel with Mel Raines, CEO of Pacers Sports & Entertainment, and Chris Jensen, Mayor of Noblesville. The discussion explored the transformative projects shaping the future of central Indiana.

Rob Hunden shared the strategic vision behind the Noblesville Events Arena, a key element of the Innovation Mile project, and how it’s more than just an entertainment venue. Hunden Partners completed a market analysis, financial feasibility, and economic impact study for the development, a thoughtfully planned investment that will drive long-term growth for Noblesville and the region.

The collaboration between the Indiana Pacers and the City of Noblesville reflects a comprehensive approach to community-building—creating a dynamic, mixed-use environment that will offer entertainment, dining, housing, and jobs of the future. Mayor Jenson highlighted how Noblesville, with its prime location and growth potential, is poised to become a major hub for innovation and development in the state.

Hunden Partners continues its work on visionary projects that prioritize not just infrastructure but the creation of a live-work-play-visit destination that will benefit communities for years to come.

Washington County releases its 30-year master plan. During Tuesday’s Washington County Commissioners meeting, Expo Director Harrison Williams discussed some of the specifics of the 30-year master plan, which is now posted on the Expo’s website, www.washingtoncountyexpo.com, for the public to view.

The long-term plan, created in-house using data from a market study performed by Hunden Partners, analyzes the current facilities at the Expo, provides recommendations for how and when those amenities should be enhanced or replaced, explores expansion opportunities, and shows cost projections associated with the upgrades.

Butler University will be home to Hilton’s first Curio property on a university campus after Hunden Partner’s market and financial feasibility study.

We are excited to share Hunden Partners‘ role in the adaptive reuse of Butler University’s historic Ross Hall into a boutique hotel under the Curio Collection by Hilton! This project is particularly significant, as it marks the first Curio property on a university campus and will be the first in Indiana—a milestone that beautifully blends Butler’s rich heritage with Hilton’s renowned hospitality.

We look forward to seeing the Curio Collection hotel become a cornerstone of the Butler Gateway Project and a new destination in midtown Indianapolis!

Fort Worth’s Future: A Strategic Expansion

The City of Fort Worth announced the next construction phase of the Fort Worth Convention Center expansion is expected to begin in 2026. The $606 million project will modernize the aging complex to meet the rapidly growing demands of Fort Worth.

Hunden Partners and Rob(in) Hunden have been at the forefront of this transformative effort, having conducted numerous studies over the past 20 years. A 2019 study projected $6.9 billion in new spending over the next 30 years from the expansion, including an additional 97,000 square feet of exhibit hall space, 48,000 square feet of meeting rooms, and a 50,000-square-foot grand ballroom designed to accommodate larger conventions and drive economic impact.

As city leaders and stakeholders continue to champion this project, the expansion will redefine the City of Fort Worth’s downtown skyline and position the city as a premier destination for large-scale events and conventions. The expansion is more than just a building project—it’s a strategic investment in the city’s future.

Inc. Magazine released its Inc. 5000 list today!

Hunden Partners is ranked 2,622 on the 2024 Inc. 5000 list, placing us among the fastest-growing private companies in America! We are especially thrilled to rank 54 in real estate and 119 in Illinois. The ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.

“We’re so honored to be recognized by Inc. for our business growth and continued expansion,” says Rob(in) Hunden, CEO and Founder of Hunden Partners. “Without our amazing team, this achievement would not be possible. I am honored with this recognition, but even more, I’m grateful to be surrounded by talented, passionate professionals daily who made this growth possible.”

We’re honored to be part of this dynamic group of businesses shaping the future of our economy. Thank you to our clients, partners, and incredible team for helping us reach this milestone!

Hunden Partners Analyzes Philadelphia’s Arena Market: Can a National Basketball Association (NBA) and National Hockey League (NHL) Arena Separately Exist without Long-term Public Support?

At Hunden, we support downtown development and projects that create synergistic walkable uses that generate a lively atmosphere for residents and visitors to live, work, and be entertained. However, our study in Philadelphia concerned how much the market can grow with two major arenas in the market, and if that growth is enough to support long-term private financing of renovations and rebuilds over the long haul. What is the net new impact to the city of Philadelphia? What are the likely long-term impacts? Our study tells a cautionary tale from other markets of similar strength that have developed separate NHL and NBA arenas. The downstream impacts can challenge both operations and the viability of the venues if conditions are not just right.

“We pride ourselves on just simply telling the truth based on the analytics that we figure out,” said Hunden Partners President and CEO Rob(in) Hunden, whose firm is one of the leaders in this niche of the sports world. “One client isn’t worth 20 years of credibility damage.”

Exciting developments are underway in Indianapolis, and the proposal is to create a new professional sports development area (PSDA). According to a comprehensive financial analysis conducted by Hunden Partners, this PSDA could potentially generate $2.1 billion in state and local tax revenue over the next 32 years.

Key findings from the Hunden report include:

• $1.7 billion from state income and sales taxes, with an annual cap of $9.5 million directed toward stadium construction bonds.
• $328.5 million in local income taxes and $193.3 million from countywide admissions and innkeepers’ taxes.
• Projections assume a 20,500-seat stadium opening in 2028, hosting an MLS team, a National Women’s Soccer League team, and additional events.

Our projections consider various scenarios, including base, optimal, conservative, and stress cases, to understand the potential revenue streams comprehensively. The optimal market scenario deemed the “best case,” projects tax revenue for the district’s use at $984.4 million over 32 years. Even the conservative case anticipates a substantial $728.8 million.

Hunden Partners: Leading the Way in Mixed-Use Development

We proudly announce that Hunden Partners has been named to Sports Business Journal’s Power Players list, recognizing our excellence in mixed-use development consulting.

Under the visionary leadership of CEO Rob(in) Hunden, Hunden Partners has been instrumental in the integration of sports and real estate, transforming stadium, arena, and convention center surroundings into vibrant, multi-functional districts. Our in-depth analyses, commitment to truth telling, and passion for placemaking make possible the innovative projects that enhance the gameday experience while creating thriving, year-round communities.

We thank Sports Business Journal for this recognition and our exceptional team for their dedication and placemaking efforts. Together, we are shaping the future of sports venues and destination development.

As the Paris 2024 Olympics commence today, we look ahead with anticipation to the 2028 Summer Olympics in Los Angeles, a city uniquely equipped to host this global spectacle. In a recent Coliseum News article, Hilary Ash, VP of Games Delivery and Venue Infrastructure for LA28, shared insights with Rob Hunden, CEO of Hunden Partners, on the transformative potential of these upcoming Games.

Hilary Ash brings a lifetime of experience and passion to LA28, overseeing the venue infrastructure and delivery. Her commitment to utilizing existing world-class venues, aligning with the Olympic Agenda 2020+5, ensures a sustainable and innovative approach to hosting the Games. These are – Solidarity, Digitalization, Sustainable Development, Credibility, and Economic and Financial Resilience.

Rob Hunden and Hunden Partners’ expertise in the economics of placemaking, especially in mixed-use stadium districts, further highlights the integral role of strategic urban planning in hosting such monumental events.

As we celebrate the Olympic spirit in Paris, it’s inspiring to see how cities like Los Angeles are leading the charge in creating sustainable, community-centered, and economically resilient environments. The 2028 Games promise not just a sporting spectacle but a celebration of LA’s heritage and its forward-looking vision.

What an incredible session yesterday morning! Rob Hunden, CEO of Hunden Partners, presented the annual State of the Industry (SOTI) report at the ALSD Conference in Los Angeles. This year’s report highlights the surge in new venues, big renovations, and mixed-use districts, including a spotlight on the elevation of college sports facilities.

Key insights:

• Nearly $10 billion in new or renovated major-league venues.
• Four new major league arenas and stadiums under construction, totaling $6.6 billion.
• Six major league facility renovations proposed or underway, with $3.2 billion invested.
• The shift in college sports to offer more diverse, amenity-rich experiences.

“It was an honor to present our eighth annual SOTI report, which includes more valuable information than ever,” says Rob Hunden.

Download the full ALSD State of the Industry deck here: https://hunden.com/downloads/

As shopping malls across the U.S. face challenges from the rise of online sales, the City of El Cajon is taking proactive steps to ensure the future vibrancy of Parkway Plaza, East County’s largest regional shopping mall.

The city commissioned a market analysis, resulting in two visionary redevelopment plans from Hunden Partners and 505 Design. These plans transform Parkway Plaza into a mixed-use district with residential, retail, office, entertainment, and community spaces. Imagine “eatertainment” facilities combining traditional dining with immersive sport-centered bars and dynamic lifestyle retail shops, all centered around a linear park.

Rob Hunden, CEO of Hunden Partners, highlighted the urgency: “You’re in that transition phase where if you let it go too long, it’s going to go in a direction you’re probably not too fond of, so it’s a great time to assess the situation and the opportunity.” 

The Hunden Partners‘ recent comprehensive feasibility study for the Portland Expo Center revealed a significant opportunity for more regional sports facilities, from youth to professional levels.

We found the City of Portland is at an inflection point with a need for revitalization, and that sports can be a huge catalyst for that. There is a strong opportunity for development that can enhance the Metro area. Bringing sports to the forefront can be a new way for Portland to present itself as a regional hub for sports while leveraging the current professional team and sports corporate presence. The transformation of the Expo Center could also honor the site’s rich history while positioning Portland as a regional sports hub and boosting the local economy and community engagement.

Destinations International (DI), the world’s leading association representing destination organizations and convention and visitors bureaus (CVBs), today announced nine recipients of the Destinations International Foundation Historically Black Colleges and University (HBCU) and Hospitality Scholarship. Each student will receive USD $8,000 for the 2024-2025 academic year. To date, the foundation has raised more than USD $225,000 from individual and organization donors to support this program.

At Hunden Partners, we are committed to increasing access to tourism and destination real estate development careers for historically underrepresented populations. This is why we are excited to invest directly in the attendance of this year’s Destinations International Foundation’s Historically Black Colleges and University (HBCU) and Hospitality Scholarship recipients so they can attend DI’s Annual Conference in July. We look forward to meeting the scholarship recipients in Tampa and deepening our relationship with them through mentorship and networking during the conference and beyond. The support of this program, by numerous individuals, destination members, and partners, will foster workforce inclusion and provide invaluable opportunities, and we are happy to play a role in it.

Introducing our new ‘Powerhouse duo’ at Hunden Partners: Jay Burress, our new Executive Vice President of Tourism, and Bethanie DeRose, Certified Destination Management Executive (CDME), our new Executive Vice President of Consulting. Both Jay and Bethanie bring a wealth of experience in destination planning and development, which will greatly benefit our firm.

Rob Hunden, CEO of Hunden Partners, stated, “We are thrilled to welcome Jay and Bethanie to the team. The number of clients requesting placemaking plans, tourism strategies, and feasibility studies for catalytic destination assets continues to grow, so we are expanding our expertise and capacity with top industry leaders to meet the industry’s needs. Nobody is better equipped to advise our DMO clients of all budget sizes to lead the charge in tourism and placemaking as Jay can because he’s been in their shoes. Bethanie’s data-driven approach to consulting on tourism plans, convention center strategies, and destination organization advisory has delivered game-changing results. I can’t wait to create more impact in the communities we serve with the addition of this powerhouse duo.”

“We are thrilled to welcome Jay Burress and Bethanie DeRose to the team. The number of clients requesting placemaking plans, tourism strategies and feasibility studies for catalytic destination assets continues to grow, so we are expanding our expertise and capacity with top industry leaders to meet the industry’s needs,” says Hunden CEO and founder Rob Hunden. “Nobody is better equipped to advise our DMO clients of all budget sizes to lead the charge in tourism and placemaking in the way that Jay can because he’s been in their shoes. Bethanie’s data-driven approach to consulting on tourism plans, convention center strategies and destination organization advisory has delivered game-changing results. I can’t wait to create more impact in the communities we serve with the addition of this powerhouse duo.”

Led by President & CEO Rob Hunden, Hunden Partners is at the forefront of driving economic growth through sports tourism. We specialize in the strategic development of sports complexes and their surrounding ecosystems, transforming communities into vibrant, economically thriving centers. Over the past decade, sports tourism has seen unprecedented growth, particularly in the realm of youth sports complexes. At Hunden Partners, we recognize that merely building a sports facility is not enough. Our approach focuses on creating comprehensive, walkable destination districts that include shopping, dining, hotels, offices, and housing. These amenities ensure that the economic benefits of sports tourism stay within the community, enhancing local businesses and generating significant tax revenue. We believe in the power of placemaking. By developing destinations around sports complexes, we help communities capture the full economic potential of sports tourism.

Hunden, a full-service real estate development advisory practice, announced that its CEO and Founder, Robin “Rob” Hunden, has been selected to receive one of two prestigious 2024 Jeffrey D. Fisher Real Estate Legacy Awards from Indiana University‘s (IU) Kelley School of Business Center for Real Estate Studies. Phil Powell, Associate Professor and Executive Director of the Indiana Business Research Center, is the second recipient. The honorees will be officially presented with the awards at the IU Real Estate Alumni & Friends Dinner on April 25 at Newfields – Indianapolis Museum of Art. 

Rob’s dedication to education and service, demonstrated through creating scholarships, mentoring students, and serving on the Center’s advisory board, has positively impacted IU’s real estate program.

Six musical theatre majors were awarded the Robin Scott Hunden Musical Theatre Scholarship for the current academic year.

“I grew up singing and performing through college, and while I didn’t pursue the performing arts as a career, I continue to love and appreciate the positive impact that the arts have on individuals and communities,” says Rob Hunden, CEO and Founder of Hunden Partners, and Founder of the Hunden Musical Theatre Scholarship. “The arts can be a catalyst for placemaking, community-building, and belonging. I’m delighted to help provide opportunities for college students to pursue their artistic careers.”

To date, Rob Hunden has donated more than $20,000 to support Ball State students. The scholarship was established in 2015, with the first recipients receiving funding in the 2017-2018 academic year. The program is structured to award scholarships to students in the Musical Theatre program, with at least one sophomore, junior, and senior each receiving financial support per academic year. Students are eligible to receive the scholarship for multiple years: both Jaylen Bryan and Mitchell Takeda are two-time recipients. On top of the scholarship program, Hunden has covered additional costs for students related to musical theatre careers, including travel costs to New York for auditions. Past recipients have appeared on stage in productions such as “Tina: The Tina Turner Musical” on Broadway and the “Six” U.S. national tour.

On Tuesday, March 12th, at the P3 Conference & Expo in Dallas, Texas, we’ll delve into the captivating story of the University of Kansas Gateway District, a groundbreaking mixed-use and public-private partnership (P3) stadium success story in the making. Hunden Partners will collaborate with the University of Kansas to discuss the development of the University of Kansas Gateway Project. Our panel will feature insights from KU staff Heather Blanck, Chief Procurement Officer; Jeff DeWitt, Chief Financial Officer & Executive Vice Chancellor, Finance; and Hunden’s Steve Haemmerle, EVP Advisory Services.

Join us at the P3 Conference & Expo and discover how this visionary, groundbreaking project is intended to transform the north entrance to KU’s campus into a vibrant destination, enhance recruitment efforts, and provide economic benefits to Kansas.