Catalyst revenue vs. debt questioned in study; city says not ‘full picture’
After Greeley Demands Better releases report showing debt may outpace revenue, city says study was one of four
Greeley, Colo. (December 23, 2025)
A third-party study into the city of Greeley’s Catalyst project found that the project may not generate enough revenue to meet its debt obligations in the near term.
Greeley Demands Better, a local issue committee that is taking the project’s zoning to the ballot, released a feasibility study that the city commissioned but hadn’t yet published Monday.
Greeley Demands Better co-chairs Rhonda Solis and Brandon Wark presented the findings of the study by Hotel & Leisure Advisors in a press briefing. The Catalyst project aims to construct a hotel, water park and hockey arena for the Colorado Eagles hockey team in west Greeley that the city estimates will cost $832 million, which includes design, construction, infrastructure and utilities.