After eight years of debate and delays, the area surrounding the Pro Football Hall of Fame is starting to take shape, a sports-themed entertainment zone that developers hope will make Canton a multi-day destination.
Right now, however, it’s a massive construction zone, as workers hurry to ready the site for Pro Football Hall of Fame enshrinement festivities, which start Thursday.
Despite significant progress, however, major financial questions remain over the Hall of Fame Village, which is a separate, for-profit enterprise from the nonprofit Pro Football Hall of Fame, which opened in Canton in 1963. Graffice acknowledged that financing has been exceedingly difficult, in part because of the project’s scope, but also due to the downturn in the hospitality industry, supply chain issues, inflation and other factors.The village is involved in a legal dispute withof a multimillion-dollar sponsorship deal. In addition, the village was recently warned by Nasdaq that its shares have been trading too low -- under $1 a share in recent months - and could be delisted if prices don’t increase.
And the Ferris wheel – which is being relocated from Cleveland’s I-X Center and renamed the Red Zone – needs to be refurbished and won’t be ready until later this year or early 2023, according to Graffice. But she can see the progress with her own eyes now. “I just wish they would take down the black skirting on the fence so we had a better view of what they’re doing,” she said.* The Constellation Center for Excellence, an office building at the north end of the stadium, built to house sports- and health-related businesses, was finished last year, although much of the space is still vacant. Graffice said several tenant announcements are expected soon.
* The area called the Fan Engagement Zone, still under construction, won’t be ready for enshrinement, but will open in phases this fall, according to Graffice. This area includes a Don Shula’s restaurant, Topgolf Swing Suites, Brew Kettle and other sports-themed restaurants and retailers. It’s unclear, however, if the development includes a previously announced 7,000-square-foot Helix eSports entertainment center.
And business is picking up at the recently renovated McKinley Grand Hotel in downtown Canton, which the village purchased in 2019. Canton City Council recently approved a $5 million loan for the village, which also received $33.4 million in public-private financing from a program that promotes clean-energy investment. The village is also seeking $5 million from Stark County and is vying for $16 million from the Ohio Department of Development’s Transformational Mixed-Use Development Program.
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