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MSG Sphere arena to collaborate with F1 for Las Vegas GP in '23

Daily / Wednesday, May 25, 2022
The MSG Sphere arena in Las Vegas is "designed for music and flashy LED images," but "one of the biggest events after it opens will be a sports collaboration" with the F1 Las Vegas GP in November '23, according to Alan Snel of LVSPORTSBIZ.com. The F1 race...

Anaheim City Council unanimously votes to end Angel Stadium sale

Daily / Wednesday, May 25, 2022
The Anaheim City Council last night voted unanimously to "kill the sale of Angel Stadium and the surrounding property," in the process "bracing for what city councilmen said could be a long and nasty legal battle with Angels owner Arte Moreno," according to Bill Shaikin of the...

Anaheim nixes Angel Stadium sale amid turmoil

Morning Buzz / Wednesday, May 25, 2022
The Anaheim City Council last night voted unanimously to "kill the sale of Angel Stadium and the surrounding property." On the day after mayor Harry Sidhu resigned amid an FBI investigation, Councilman Jose Moreno said that the "probe had raised the curtain on what he...

Commanders' Virginia land purchase could house new stadium

Daily / Tuesday, May 24, 2022
The Commanders have purchased 200 acres of land in Woodbridge, Va., "that could be home of their new stadium project,” a $3B “’mini-city’ that would contain a number of entertainment, residential and workspace components,” according to a front-page piece by Michael Phillips of the RICHMOND TIMES-DISPATCH. Renderings...

Louisiana sports body's bonds upgraded to stable

Morning Buzz / Tuesday, May 24, 2022
Fitch Ratings revised its rating outlook for bonds issued by the Louisiana Stadium & Exposition District from negative to stable, a decision based largely on the continuing rebound of New Orleans tourism, which has suffered throughout the pandemic. Hotel tax revenues pledged to servicing the LSED’s bonds and bond...

Moody Center: All this for free

SBJ Newsletters / Tuesday, May 24, 2022
Texas wanted an intimate 10,000-seat arena that made Longhorns’ basketball games a tough ticket. Oak View Group wanted more seats -- 15,000 in all -- for the major musical acts it will bring to Austin. Gensler, the architect, found a way to give both Texas and OVG what they...

F1, Liberty plan mixed-use space in Las Vegas

Closing Bell / Monday, May 23, 2022
F1 and Liberty Media are planning to turn the 39-acre plot of land in Las Vegas that was purchased to house the pit/paddock area for next year’s inaugural Grand Prix into some form of a mixed-use development, sources say. Liberty and F1 are still in the planning...

Penske buys parcel of land near IMS entrance

Closing Bell / Monday, May 23, 2022
Penske Entertainment has acquired a "small but high-profile property across from the Indianapolis Motor Speedway’s main entrance" that will give track officials a "large swath of contiguous land as they rethink what the speedway’s 'front door' looks like." The "vast majority of land" across from the track already is...

Plans for San Diego arena site must take affordable housing into account

Daily / Monday, May 23, 2022
As San Diego leaders "weigh the lease of 48 acres of city-owned land" in the Midway District, the "splashy arenas, elaborate green spaces and vibrant retail districts promised by developers bidding for the sports arena site must take a backseat to how many residential units will be reserved for...

Planned Milwaukee mixed-use development to include professional soccer stadium

Daily / Monday, May 23, 2022
A new concert venue, along with a hotel and professional soccer stadium, are "planned for downtown Milwaukee's west side," according to Tom Daykin of the MILWAUKEE JOURNAL-SENTINEL. The mixed-use development, known as the "Iron District,” is "to be built on an 11-acre site." The project is "scheduled...
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