NSEC News

Deal Inked to Purchase 24 Acres in Coatesville to House Multimillion-Dollar National Sports & Events Center

Coatesville, PA – November 1, 2025 – The City of Coatesville and IDG Development announced today that IDG Development has purchased a 24-acre parcel from the City to make way for construction of the National Sports & Events Center (NSEC), a state-of-the-art multi-purpose arena and special-events center featuring a world-class velodrome.

“The intention of the National Sports & Events projects is to create real generational impact that will change lives,” says Crosby Wood, Project Manager and IDG Principal. “The venue will serve as an anchor that supports development and revitalization in the City of Coatesville. In addition to attracting world-class sports and entertainment, our plans include a strong focus on youth initiatives and school programs that foster character development, fitness, and sports participation.”

“The sale of the Flats and the construction of the National Sports & Events Center represents a major step for Coatesville’s future growth and addresses the region’s need for a multi-purpose facility that seats up to 3,000 people,” says Coatesville City Manager James Logan. “The project represents a significant piece of the City’s planning efforts to attract new development opportunities in the area. For the last six years we have worked with investors, local and state officials, and City Council to re-establish Coatesville as one of fastest-growing urban centers in the region. The project signals to investors, developers, and stakeholders that Coatesville can share the stage with other county success stories.”

Part of the economic ripple effect includes job creation, small business openings, youth engagement opportunities, tourism, increased foot traffic, and new tax revenue for future improvement projects, according to Logan.

As a unique feature, the NSEC will feature the East Coast’s first world class indoor velodrome and second in the United States. It will replicate the renowned World Cycling Center Velodrome in Aigle, Switzerland.

“The NSEC addresses the rapid growth of cycling, an underserved Olympic sport that has become one of the most popular participation sports in the United States,” says David Chauner, IDG Principal and CEO of World Cycling, LTD. “In addition to hosting regional, national and international cycling competitions, the velodrome will be a year-round center for youth development programs, amateur club and interscholastic racing and serve as the U.S. headquarters for the TeamTrakCycling League.”

According to Brendan Quirk, CEO of USA Cycling, track cycling represents 60% of the available cycling medals at the Olympic Games, but access to velodromes across America is scarce. “The National Sports & Events Center will enhance USA Cycling’s effort to develop the Gold medalists of tomorrow, and will doubtlessly do wonders in introducing the sport of bicycle racing to youth in the community and across the East Coast,” saysQuirk.

“I am delighted to see the IDG group complete their acquisition of the Flats property,” says Joe DiSciullo, Coatesville Redevelopment Authority Chairman. “The City, RDA, and the buyer have been working diligently to bring this deal to fruition for several years. I am hopeful the project will become a centerpiece for redevelopment and economic revitalization in the City of Coatesville, attracting visitors, and giving residents an opportunity to have a first-class venue in the heart of downtown.”

The deal was financed through public and private funds through state and local development resources led by the Chester County Economic Development Council. Private equity, philanthropic investors from the national and regional cycling and sports community, as well as a $3.6 million state grant and a $5.4 million loan helped fund the project. Groundbreaking is anticipated in 2025 with a projected competition date prior to the 2028 Olympics.

The venue will host events, entertainment, sports and family activities as core programming, in addition to cycling.

• Approximately 100,000 square-foot arena with 3,000+ permanent seats and 20,000 square-foot infield to host a variety of sports, tennis matches, concerts, expos, collegiate events and more.
• The northside will open to festival grounds for outdoor concerts and special events.
• Athlete performance center and retail space

“The National Sports and Events Center will create positive economic impact for the City, serving as a draw for businesses and creating job opportunities,” says Fran Scamuffa, Coatesville City Council member representing the First Ward, where the project is located. “The beauty of our community is that we are one big family, all connected and all looking forward to seeing a project like this unfold, which will enable us to welcome visitors to see our City, learn about our history, and discover everything the City of Coatesville has to offer.”

About the City of Coatesville
The first and only city in Chester County, Coatesville is home to13,300 neighbors and is undergoing economic and cultural revitalization that integrates innovation, education, and smart economic development. The City is fueled by a lively entrepreneurial spirit, rooted in its rich historic past. Founded in 1915, Coatesville’s Historic District features many resources listed on the National Register of Historic Places, coupled with vibrant new restaurants and small businesses in the downtown area. The City is home to the National Iron & Steel Heritage Museum and the nationally recognized Coatesville Invitational Vintage Grand Prix. Coatesville.org

Media Contact:

Ellen Langas, elangas@btcmarketing.com

First $9 Million Allocated to the Project

Coatesville, PA December, 2022
Persistence is paying off for the developers of the National Sports and Events Center (NSEC), a multi-sport, events and entertainment facility that features the National Velodrome, the first permanent indoor velodrome in the Eastern United States. The NSEC was recently awarded a total of $9 million in state funding to support land development of the 24 acre site in the center of Coatesville, a city of 14,000 35 miles west of Philadelphia.

The 245,000 square foot indoor venue will include the 2500 seat velodrome arena with locker rooms, trackside bistro and 12,000 square feet of supportive retail space. A connected 40,000+ square foot fieldhouse will house an athlete performance center, multiple sport courts, a Boys and Girls Club, family entertainment center, meeting rooms and more.

Funding of the $70 million NSEC project will be through public private partnerships in association with the Chester County Economic Development Council, regional banks and the Velodrome Development Foundation headed by honorary chairman, Greg LeMond. The NSEC is expected to open in 2025.

According to the development team of Crosby Wood, Rick Mayer, Patrick Kinzeler and David Chauner: “This is a major step in the revitalization of Coatesville and for the advancement of American track cycling.”

Read feature article here →

WEST CHESTER, PA (July 26, 2022) – Millions of dollars in state funding will help pave the way for construction of a $65 million mixed-use commercial and entertainment development project in Coatesville, bringing new jobs and economic opportunity to city residents, said state and local leaders at a recent press conference.

The funds, including a $3.6 million state grant and a $5.4 million loan, will support IDG Development’s plans to develop the National Sports and Events Center (NSEC), on an approximately 25-acre site known as the Flats located at the city’s gateway. The project is expected to result in about 350 new jobs, including 100 permanent jobs. In addition, it is projected to drive $18.5 million annually in new direct spending after three years of operation.

“This is an opportunity for jobs, economic investment, and business growth for all Coatesville residents,” State Senator Carolyn Comitta said. “Coatesville’s revitalization has been a long time coming and we still have a way to go. As our progress continues, we must continue to work to ensure that Coatesville residents, businesses, and families are prepared to seize the opportunities that come with revitalization projects like this.”

“The idea that Coatesville is rising is now a reality,” state Rep. Dan Williams said. “This project is something much bigger than a building – it represents the reaffirmation of the City of Coatesville’s value and an investment in people as well as place. It is a continuation of our work toward sustained economic growth that provides for the flourishing and well-being of Coatesville and the surrounding municipalities.”

In highlighting the project’s economic impact, Comitta and Williams were joined by Chester County Commissioner’s Chair Marian Moskowitz; Coatesville City Manager James Logan; Coatesville City Council President Linda Lavender-Norris; Coatesville City Councilman Ed Simpson; Crosby Wood, Project Manager and Managing Partner IDG Development; Sonia Huntzinger, Executive Director of the Coatesville 2^nd Century Alliance; and Michael Grigalonis, Chief Operating Officer and Executive Vice President of the Chester County Economic Development Council.

“This is a major foundational step that will add a lot of momentum to Coatesville’s economic growth and that will repurpose an area in the heart of the city that holds historic importance,” Moskowitz said. “The state funding underpins the site work necessary for the National Sports and Events Center and all that is planned to go with it for the next phase.”

She also highlighted that, in addition to benefiting the city and the people of Coatesville, the project would attract tourism dollars to Chester County by bringing mainstream and high-profile sporting events.

The NSEC would house the first indoor velodrome on the East Coast, offering bicycle track racing, training and development for local, Olympic, and world-class caliber athletes. The 245,000-square-foot project includes, in part,  a 2500-seat arena, 12,000 square feet of supportive retail space, 8,000 square feet for a sports medicine provider, and a 10,000-square-foot sports performance facility. A hotel conference center is also planned to be constructed adjacent to the NSEC facility.

The project is being developed by IDG Development, a Coatesville-based joint venture led by New Heritage Properties of Coatesville. IDG’s principals are Rick Mayer of Guilford, CT and Crosby Wood, Patrick Kinzeler and David Chauner of Chester County.

“The state grant funding and loan are critical for galvanizing this project, and we appreciate the collaborative ‘all-hands-on-deck’ efforts by the Coatesville community and leadership members from the City, County and State,” said Crosby Wood, Project Manager and Managing Partner of IDG Development.

Wood noted that the center would also offer opportunities for youth programs through a partnership with the Boys and Girls Club of Philadelphia.

“This grant is a major step in getting the wheels in motion for development of the National Sports and Events Center,” said David Chauner, Managing Partner IDG Development.

“The center will bring value to the City of Coatesville and the region by serving as a destination hub for exciting cycling events as well as family entertainment, community events, and youth development.”

Last year, Coatesville City Council approved the sale of the Flats, the city’s largest parcel. Previously home to the G.O. Carlson Steel Company plant, the Flats had been eyed for development for years.

City Councilman Ed Simpson, representing the First Ward where the site is located, personally thanked Wood and praised the development team and members of the Coatesville Redevelopment Authority for their determination in supporting the project.

“Persistence and perseverance and this team never giving up is the reason we’re here today making Coatesville a better place,” he said.

City Council President Linda Lavender-Norris credited the spirit of unity, cooperation, and collaboration that continues to guide the city’s revitalization vision, efforts, and focus.

“We are one. We work together,” she said. “I love that fact that everybody locks arms. This is the only way that we could be at this point in our journey and working together makes all the difference.”