Council members voted Sept. 8 to authorize the TEDC to provide financial incentives assisting with the development of the indoor sports complex.
The indoor sports facility is slated to feature six indoor volleyball courts, two indoor basketball courts and lobby, concession, pro shop and office spaces at 19220 Theis Lane, Tomball, as well as 176 parking spots, according to meeting information. The grant approved by council members totals up to $119,450—or 10% of the infrastructure cost—to be used for infrastructure improvements, including water, sewer, electric and other site improvements.
The TEDC's economic analysis anticipates the estimated capital investment for the project, as proposed by TCG Capital LLC, is $4.7 million, and the five-year net benefit of the new facility for Tomball's economy is $305,054.
In a letter to the TEDC, Jorge Campos—a managing member of TCG Capital—wrote that the development will be anchored by a volleyball club that moved from The Woodlands to Tomball in 2017.
"They have seen tremendous growth since their time in Tomball and have outgrown their existing facility," he wrote. "Additionally, this new facility will allow them to host tournaments and bring tourism to Tomball."
The basketball courts and remaining spaces will be available for community use, according to the letter. The letter states the company expects to hire two full-time employees and one part-time employee within the first 12 months of operations.
"Programs will be offered for kids and adults to engage in active sports indoors in a fun competitive environment without the monotony of going to the 'gym' and lifting weights, etc.," Campos wrote. "I am fully committed to bringing a first-class indoor sports facility to Tomball and want to build a great reputation throughout all of Texas."