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This is a great article for anyone following the now defunct proposal to move the Capital One Arena to Alexandria, VA or the Tropicana field redevelopment in St Petersburg. I value what they did in Toronto to modernize the Rogers Centre and think about how visitors want to spend time and experience games. The idea of revitalizing an existing stadium over building new has so many benefits from the environment to preserving the local economy to saving money. Let’s take some lessons from these examples!

It’s happening in every sport, in nearly every market, at every level: to help finance a new stadium or arena and increase revenue, professional sports teams—and some colleges—are developing mixed-use commercial real estate districts around their venues and maintaining ownership in the assets, a concept known as stadium anchored mixed use development. Stadium anchored development is blurring the lines between professional sports and commercial real estate—and has become a somewhat controversial topic for cities, states and taxpayers— so we decided to cover the topic in an on-going blog series. Part 1 in our series is on our hometown Chicago Bears’ on-going quest to build a new stadium and develop a surrounding mixed-use development and the factors that gave rise to the stadium district trend. You can read it at https://bit.ly/3XQHtaK #commercialrealestate #sports #stadiums #mixeduserealestate #stadiumanchoreddevelopment #chicagobears

It says a lot about a company when you own 3 of the 5 projects for stadium builds set to open in 2024 🏀🏒⚾🏆. STACK customer PCL Construction is leading the pack with renovations to NHL’s Toronto Maple Leafs and NBA’s Toronto Raptors arena, MLB’s Toronto Blue Jays stadium, and home to the LA Lakers, NHL’s Los Angeles Kings, and WNBA’s Los Angeles Sparks. PCL is streamlining their preconstruction processes with STACK’s innovative and hyper-accurate takeoff feature to enhance estimating capabilities. When you're a billion-dollar powerhouse, you need a solution that doesn't just work for you, it helps you win. Read ➡️ https://hubs.la/Q02lk0d20 #constructiontechnology #constructioninnovation #digitaltransformation #construction #preconstruction

Where is the next Austin, and why should Major League Soccer care about expanding there? CBRE looked at some of the significant economic factors that led to Austin's emergence as a top-tier market, and more importantly, they charted those factors to identify a markedly similar city: Raleigh, North Carolina. "Raleigh, North Carolina, is charting a course somewhat similar to Austin’s, benefiting from world-class research universities and a diverse tech industry mix that ranges from life sciences to advanced manufacturing. It is likely that Raleigh will continue to trend in the same direction as Austin." As #MLS became the first major league to expand to Austin, the right ownership group should consider #raleighnc as the next MLS expansion market. #mlsexpansion #mlssoccer #soccer #soccerbiz #sportsbiz #sportsbusiness Sports Business Journal Sportico

How big of a role does a city's average disposable income play in the business of professional soccer? A hefty chunk, we'd wager. Thanks to The Johns Hopkins University for their incredible report: 'Finding the next Nashville: Understanding factors that cause cities and regions to achieve above average growth' Here are the top cities with the highest average disposable income, without a Major League Soccer team to support: 1. Raleigh-Durham ($50.6k) 2. Detroit ($50k) 3. Cleveland ($45.8k) 4. Baltimore ($45.6k) 5. Memphis ($44.7k) Do you think residents of Raleigh-Durham want to spend their money on an MLS team? Are Detroiters spread too thin with the Big 4 already in the market? Let us know your thoughts below! #mls #mlssoccer #mlsexpansion #soccer #soccerbiz #soccerbusiness #sportsbiz #sportsbusiness Sports Business Journal Sportico Front Office Sports

Stadium renovation in the works for friends and colleagues in the Charlotte area. Stadium costs these days means developing strong partnerships with multiple public and private entities.

Big things are happening at the Q2 Stadium! Austin FC will host the 2025 MLS All-Star Game next summer! This is the first time since 2010 that the MLS All-Star Game will be held in Texas and the first ever in Austin. Get ready for an unforgettable week filled with events like the MLS All-Star Skills Challenge and Concert. With every match at Q2 Stadium selling out since 2021, this is sure to be an epic celebration! Let’s show the world what makes our city so special! - - - - #realestatetrends #luxuryliving #realestate #realtor #austinrealestate #austinrealtor #northaustin #austinrealty #atx #luxuryaustinhome #homesforsale #realtorlife #realestateinvesting #dreamhome #househunting #realestateexperts #homebuying #homeselling #sellinghomes #realtorsofinstagram #austinfc #mlsallstargame #q2stadium

“Investing in real estate near sporting stadiums is generally a good move but can be a double-edged sword.” Chris Dietz explores the impact of sports stadiums and real estate in this article, published by Property Week. Read the full article here: https://bit.ly/3NRhSfc

Last week, the St. Louis Cardinals hosted a unique and fun event at Busch Stadium—a closest to the pin contest. The weather played its part with a beautiful, cloudless, 80-degree day. I was reminded that engaging with clients in unique ways like this serves as a powerful tool to strengthen bonds. #ClientEngagement #StLouisCardinals #EventNetworking #RIA #wealthmanagement #recruiting #executiverecruiting #assetmanagement

https://lnkd.in/g8tfsUrT Could you say that in other big cities ?? The land is very valuable in downtown cities..The CHI Bears and CHI White Sox are exploring new venue options..Those venues might get built in the later 2020s or early 2030s; if they are ever built..This is a good article about urban planning and sport administration.. 🌆 🏙 ☑ 🔲 💵 💺 🏘 ⚾ 🧢 🆚 ✍ #urbanplanning #sportadministration #facilitymanagement #marketing #hospitality #politics