Tag

Stadium Development

All articles tagged with #stadium development

Tampa Bay Rays Sale Finalized; Stadium Plans to Resume
sports4 months ago

Tampa Bay Rays Sale Finalized; Stadium Plans to Resume

The Tampa Bay Rays have officially been sold to a group led by Patrick Zalupski for $1.7 billion, with the sale now finalized. Zalupski expressed enthusiasm about leading the franchise, which faces challenges including repairing Tropicana Field and potentially building a new stadium in Tampa. The team, currently in a rebuilding phase with a recent losing record, will see continued leadership from president Erik Neander and manager Kevin Cash, both extended through 2028. An introductory press conference is scheduled for October 7th to discuss future plans.

Gov. DeWine Intensifies Role in Browns Stadium Development Talks
politics1 year ago

Gov. DeWine Intensifies Role in Browns Stadium Development Talks

Ohio Governor Mike DeWine is actively engaging in discussions regarding the Cleveland Browns' stadium plans, meeting with team owners and Cleveland Mayor Justin Bibb. The Browns are considering a $2.4 billion domed stadium in Brook Park, seeking $1.2 billion in public funding. DeWine is gathering facts and aims to align stakeholders on a financing plan, while Cuyahoga County Executive Chris Ronayne opposes county funding for the project. DeWine's involvement reflects a broader interest in Cleveland's development projects, including lakefront and Tower City plans.

Cleveland Browns Unveil Development Plans and Partner for Brook Park Stadium District
sports-business1 year ago

Cleveland Browns Unveil Development Plans and Partner for Brook Park Stadium District

The Cleveland Browns have unveiled plans for a new stadium in Brook Park, which will be surrounded by two upscale hotels, 1,100 apartments, retail spaces, and 500,000 square feet of office space. The project is in collaboration with Lincoln Property Company, known for similar developments near NFL stadiums. However, details on public financing for the project remain unclear.

Cleveland Browns Unveil Developer and Plans for $1B Brook Park Stadium District
business1 year ago

Cleveland Browns Unveil Developer and Plans for $1B Brook Park Stadium District

Lincoln Property Company has been selected as the development partner for the Cleveland Browns' new 176-acre mixed-use entertainment district in Brook Park, Ohio. The project, anchored by a new enclosed stadium designed by HKS, aims to transform the area into a major entertainment hub, generating $1.2 billion annually and creating over 3,300 permanent jobs. The development will include retail, hotels, apartments, and office space, with the first phase set to open in 2029 alongside the stadium.

Senate Committee Advances RFK Stadium Bill Amid Maryland Opposition
politics1 year ago

Senate Committee Advances RFK Stadium Bill Amid Maryland Opposition

A Senate committee has advanced a bill that would allow Washington, D.C. to control the RFK Stadium site for 99 years, potentially paving the way for the Washington Commanders to return to the city. This move has sparked opposition from Maryland, where the team currently plays, as state officials argue the deal is unfair to taxpayers. The bill's passage is uncertain, with efforts underway to include it in a larger spending package before Congress adjourns. Maryland has invested heavily in the current stadium area and seeks to retain the team.

"Royals Revise Crossroads Stadium Plans, Preserve Oak Street Access"
sports1 year ago

"Royals Revise Crossroads Stadium Plans, Preserve Oak Street Access"

The Kansas City Royals have adjusted their proposed stadium plan in the Crossroads District to leave Oak Street open after discussions with city leadership and the Crossroads community. The new ballpark, expected to seat 34,000 fans, is part of a $2 billion project, with the Royals pledging over $1 billion in private funding. The team hopes to have the stadium ready for the 2028 season, pending the outcome of the April 2 election concerning the stadium sales tax extension.

"Crossroads Business Owners Rally to Preserve Livelihoods Amid Kansas City Royals' Stadium Proposal"
businesslocal-news2 years ago

"Crossroads Business Owners Rally to Preserve Livelihoods Amid Kansas City Royals' Stadium Proposal"

Business owners in Kansas City's Crossroads District are vowing to fight the Royals' plans to build a new stadium in the area, as it would require the demolition of several occupied buildings. Concerns about livelihoods and lack of communication from the team have been raised, with worries about the impact on local businesses and non-profits. While some hope the stadium will bring attention and opportunities, others are seeking answers and fair treatment from the Royals. Meetings are planned to address the situation.

"Developer Unveils Riverfront-Friendly Design for Potential New White Sox Stadium in South Loop"
sports-and-development2 years ago

"Developer Unveils Riverfront-Friendly Design for Potential New White Sox Stadium in South Loop"

Prospective developers have unveiled plans for a new White Sox stadium near downtown Chicago, featuring riverfront views and a potential $9 billion investment. The proposed development, which includes a soccer stadium and housing complex, aims to revitalize the South Loop area and generate significant economic impact. However, the financing for the new park remains uncertain, and public funding would require legislative action. The proposal also faces competition from the Chicago Bears, who are considering building a new stadium.

"Unraveling Everton's Record-Breaking Points Deduction: A Deep Dive into the Written Arguments"
sports2 years ago

"Unraveling Everton's Record-Breaking Points Deduction: A Deep Dive into the Written Arguments"

Everton has been hit with a record 10-point deduction by the Premier League for breaching profitability and sustainability rules. The club had initially argued against the breach but eventually conceded, claiming a smaller breach of £9.7 million instead of the £19.5 million calculated by the league. The written reasons behind the judgement highlight Everton's poor judgement, financial irresponsibility, and deliberate misleading of the Premier League. The club's defense centered around the construction of their new stadium and the treatment of stadium costs in the PSR calculations. The commission found Everton guilty and imposed the most severe penalty in Premier League history.