Stark County Port Authority Issued TIF Bonds totaling $18,100,000 for the Phase II Hall of Fame Village Development Project

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Canton, Ohio

The Bonds

DiPerna served as the Financial Advisor to Hall of Fame Resort & Entertainment Company (the “Company”) and assisted by advising and structuring comprehensive plans of finance for necessary public improvements associated with the Phase II development of the Hall of Fame Village.


Positioned on 100 acres of land, the Company has invested over $290MM and completed the first two phases of a multi-phase, master-planned development that seeks to build a tourism and entertainment district surrounding the longstanding Pro Football Hall of Fame & Museum. Private project developments include the demolition and reconstruction of the 23,000-seat Tom Benson Stadium, the construction of a sports complex which encompasses eight youth fields that have brought it more than 850,000 athletes and their families since 2017, The Center for Excellence – a 73,000 SF class A office building, The Center for Performance – a 100,000 SF multi-use indoor sport and event facility, The Retail Promenade – a combined 75,000 SF retail and restaurant space, and the Play-Action Plaza which sits on three acres of developed land that features two amusement attractions. TIF bond proceeds were primarily dedicated towards the South Gateway Roadway site, which includes all related curbing, sidewalks, lights, and other site improvements installed on the roadway (the “Public Improvements”). The South Gateway Roadway connects to dedicated public streets and will allow improved access to private assets located within the Village.

  • Security – TIF & Minimum Service Payments
  • Financing Term – 25.91 Years
  • Tax Status – Tax-Exempt
  • Fixed Interest Rate – 6.375%
  • Closing Date – February 2, 2023

Deal Team

Please contact one of the following professionals to explore how DiPerna Advisors may be able to help in structuring your project: