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Development Plan

All articles tagged with #development plan

business1 year ago

"DisneylandForward Expansion Plan Secures Key Approval for Massive Growth"

The Anaheim City Council unanimously approved Disneyland’s multibillion-dollar expansion plan, allowing the theme park to build new attractions, shops, and restaurants within its current properties. The plan, known as DisneylandForward, will give Disney the flexibility to redesign the resort, including Disneyland, California Adventure Park, and the Downtown Disney business district. The expansion is expected to create thousands of new jobs and generate millions of dollars in tax revenue for the city, but it also raised concerns about traffic impact, privatizing public roads, and increasing rents and the cost of living in Anaheim.

via Los Angeles Times|
#anaheim-city-council#business#development-plan
business1 year ago

"South Philly Sports Complex Set for $2.5 Billion Transformation and Xfinity Live! Renovation"

Comcast Spectacor has unveiled a $2.5 billion master plan to transform part of the South Philly sports complex into a year-round destination, featuring new retail and restaurants, a music venue, a hotel, office buildings, and residential housing. The first phase, a $700 million investment, will include upgrades to Xfinity Live!, a hotel, a concert venue, and more, with construction expected to start soon and finish by 2028. While the second phase is aspirational, the plan also leaves room for a new arena, as the Wells Fargo Center will eventually need to be replaced.

via WHYY|
#business#comcast-spectacor#development-plan
sports2 years ago

"Orioles secure long-term lease at Camden Yards, ensuring stability and development rights"

The Baltimore Orioles have reached a revised lease extension and development plan with the state of Maryland. The lease will be extended for 30 years until 2053, with options for further extensions. The team will pay rent based on ticket sales and other revenues. The development plan allows the Orioles until the end of 2027 to reach an agreement on a ground lease and redevelopment plan around the stadium. Taxpayer-financed bonds of up to $600 million will be available for renovations and upgrades. The lease includes a no-relocation clause, and two key votes on the proposal are scheduled for Monday. Opposition to the previous proposal has been addressed, and support from key figures is crucial for the project's approval.

via The Baltimore Banner|
#baltimore-orioles#camden-yards#development-plan
international-relations2 years ago

China's Xi strengthens ties with Central Asia through grand development plan and security cooperation.

Chinese President Xi Jinping has unveiled an ambitious plan to help elevate Central Asia to the next level of its development, from building infrastructure networks to boosting trade, while shunning "external interference" at the same time. China stands ready to synergise development strategies with the five Central Asian nations of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, and make joint efforts to promote the modernisation of all six countries.

via Reuters|
#central-asia#china#development-plan