Tag

Entertainment District

All articles tagged with #entertainment district

sports-and-entertainment1 year ago

"Coyotes Secure Land Auction Win for Privately Funded Arena & Entertainment District"

The Arizona Coyotes have announced their commitment to winning a state land auction and developing a privately funded sports arena and entertainment district in Phoenix, Arizona, without taxpayer funding. The proposed development includes a state-of-the-art arena, practice facility, live music theater, retail space, residential units, office space, and more, with the aim of creating a vibrant community and generating significant economic benefits for the region. The project is expected to create thousands of jobs and generate billions in new spending and tax revenues over the next 30 years.

sports1 year ago

"DC Council Approves $515 Million Modernization Deal for Capital One Arena"

The D.C. Council unanimously approved a $515 million investment to modernize Capital One Arena and develop the surrounding area, aiming to transform the neighborhood into an entertainment district. The agreement with Monumental Sports & Entertainment includes public funds for alley improvements and exemptions from certain taxes, raising concerns about the city's return on investment. The plan also involves creating a drug-free zone around the arena and dedicating police officers for event safety. The council faced protests on unrelated issues during the legislative meeting, and the investment is expected to revitalize downtown and benefit the city as a whole.

sports1 year ago

"Kansas City Royals Set to Reveal Downtown Ballpark Location Tomorrow"

The Kansas City Royals will announce the site of their new downtown stadium and entertainment district on Tuesday, following recent negotiations with the Jackson County Legislature. The announcement will include details on renderings, economic data, and a community benefits agreement, and will be attended by team representatives and Kansas City area community leaders. This comes after back-and-forth negotiations regarding a sales tax extension, with the Royals and Chiefs committing to staying in Jackson County.

business1 year ago

"Potomac Yard Arena: Addressing Alexandria's Transportation and Community Concerns"

The Commonwealth of Virginia, City of Alexandria, and Monumental Sports & Entertainment officials revealed plans for a new sports arena and entertainment district in Potomac Yard, including a 9 million square foot arena for the Washington Capitals and Wizards, a 3,000-seat concert venue, and extensive parking. Concerns have been raised about potential tax increases, traffic impact, and Metro accessibility, with officials emphasizing a minimal tax burden and a focus on multimodal transportation planning to address these issues.

sports2 years ago

"Union Omaha Unveils Plans for 7,000-Seat Downtown Soccer Stadium and Entertainment District"

A new 7,000-seat Union Omaha soccer stadium is set to anchor a $300 million entertainment district in downtown Omaha, featuring housing, hotel rooms, retailers, and pickleball courts, and is expected to host a future women's soccer team. The stadium, expected to open in spring 2026, will also host concerts and community events. The project is anticipated to be financed through state sales tax revenue, tax-increment financing, and private investment, and is projected to have a significant economic impact on Nebraska and Omaha. The development aims to attract and retain young talent and workers, and could potentially elevate Union Omaha to a higher tier of competition in the U.S. soccer landscape.

sports2 years ago

"Ted Leonsis Addresses Concerns Over Virginia Move and Potomac Yard Sports Arena"

Ted Leonsis, the CEO of Monumental Sports & Entertainment, has written a letter to update the community about the proposed Entertainment District at Potomac Yard, which includes a new arena for the Washington Capitals and the Washington Wizards. He emphasizes the benefits of the project for fans, athletes, and the DMV region, addressing concerns and highlighting the potential for improved experiences and economic growth. Leonsis also discusses the public-private partnership, the impact on Wards 7 and 8, and the company's commitment to downtown Washington, DC. He invites the community to learn more and show support for the project.

sports2 years ago

"Capitals and Wizards Set to Relocate to Virginia in $2B Deal"

Monumental Sports & Entertainment CEO Ted Leonsis, along with Virginia Governor Glenn Youngkin and local leaders, have announced plans to relocate the Washington Capitals and Wizards to a proposed entertainment district in Alexandria's Potomac Yard. The $2 billion project would include a new global headquarters for Monumental Sports, a state-of-the-art arena, practice facilities, and more. The move is planned for 2028 and aims to create jobs, pay taxes, and solidify the teams' commitment to the region. However, D.C. Mayor Muriel Bowser has unveiled a counterproposal to keep the teams in the city with a $500 million modernization plan for the Capital One Arena.

sports2 years ago

"Mayor and Team Owners Unveil Plan to Relocate DC Sports Teams to Northern Virginia"

Virginia officials and the owner of the Washington Wizards and Capitals have announced a $2 billion plan to relocate the teams across the Potomac River to Alexandria, Virginia. The proposed development in the Potomac Yard area would include a new arena for both teams, a corporate headquarters, a media studio, a practice facility, a performing arts venue, and an expanded esports facility. The move would bring significant economic growth and job opportunities to the area, but it would be a blow to downtown D.C., which has relied on the teams for revenue and foot traffic. The plan is pending legislative approval and completion of definitive documents.

sports2 years ago

"Capitals and Wizards Owners Seek Virginia Move, Propose Monumental Arena and Entertainment District"

Monumental Sports, the organization that owns the Washington Capitals and Washington Wizards, has announced plans to partner with the state of Virginia to create a new entertainment district in Alexandria, which would include a new arena for the Capitals and Wizards. The proposed relocation of the teams from D.C. to Virginia is expected to begin in 2028, pending final approval. The project, located near Amazon's HQ2 development and the Potomac Yard Metro station, aims to generate economic growth and create thousands of new jobs in the region.

crime2 years ago

Fatal Shooting in Portland's Entertainment District Leaves One Dead, Two Injured

One person was killed and two others were injured in a shooting in Portland's Entertainment District. Police officers heard gunshots and found an adult male victim who was pronounced dead at the scene. Two other victims arrived at separate hospitals with non-life-threatening injuries. The suspect has not been located, and the investigation is ongoing.

events2 years ago

"Bikes, Blues, and BBQ: Revamped and Ready for Northwest Arkansas"

Bikes, Blues and BBQ is returning to Rogers, Arkansas with new biker-friendly changes, including street closures for bike traffic only in downtown, extended to-go beer and entertainment district hours, and increased police presence. Safety is a top priority, with officers patrolling both sides of town and urging drivers and bikers to be aware of each other on the roads. The event starts on Wednesday.

sports2 years ago

Arizona Coyotes Owner Pursues Mesa Land for New Arena

The Arizona Coyotes have confirmed that their owner, Alex Meruelo, has signed a Letter of Intent to purchase land in Mesa, Arizona for a potential sports arena and entertainment district. The team remains committed to building the first privately funded sports facility in Arizona and is exploring other potential sites in the East Valley. The Coyotes express gratitude for the support received from communities, elected officials, and NHL Commissioner Gary Bettman, and announce the availability of a limited number of single-game tickets for fans starting August 11.

crime2 years ago

"Arrests Made in Gruesome Beheading Case at Hokkaido Hotel"

Japanese police have arrested a woman and her parents in connection with a beheading case in Sapporo, Japan's northern city. The headless body of the victim, Hitoshi Ura, was found in a hotel room three weeks ago. The woman, Runa Tamura, and her father, Osamu Tamura, were arrested on suspicion of conspiring in the beheading, while the mother, Hiroko Tamura, was arrested for allegedly helping transport and keep the severed head at home. The motive and the relationship between the woman and the victim are still under investigation.