The facility would have included two ice rinks, one for professional hockey with 7,500 seats, and a 6,500-seat amphitheater. It would have been built with Dallas-based Southwest Sports Group, which is affiliated with the Dallas Stars of the National Hockey League.
Supporters said the complex would mean more than $700,000 in new tax revenue for Cedar Park the facility's first year and an average of nearly $1 million a year for 20 years. They said it would have generated $27 million in new retail spending in Cedar Park in its first year.
It would have been funded with $8.6 million in voter approved bonds and bonds paid back by revenue generated by the facility. Backers said the facility would have cost the average Cedar Park homeowner as little as $25 per year.
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