• Loading stock data...
Saturday, February 22, 2025

Billion-Dollar Mini-Cities Becoming Top Priority For Stadium Projects

  • New development around Cleveland Browns Stadium could bring new life to the area.
  • Teams, cities prioritizing space around venues as money-making oppurtunities.
Cleveland-Browns
Kirby Lee-USA TODAY Sports

Expansive development of the surrounding areas at major sports venues is topping the wish-list of teams looking to bring new retail space, bars, restaurants, and family activities closer to their home venues.

These “mini-cities” have proven to be major success stories in locales like Atlanta at the Battery connected to the Braves’ Truist Park and the ever-growing development around the Dallas Cowboys’ AT&T Stadium as well as its headquarters in Frisco, Texas. 

Los Angeles Rams owner Stan Kroenke has a vast vision for the Hollywood Park space at SoFI Stadium — which has 15 million square feet of entitlements to work with and the billionaire is looking to build something similar just outside of Denver for the Colorado Rapids, which he also owns.

The latest team and city to explore the trend is the Cleveland Browns. New renderings show plans for a land bridge that would connect downtown Cleveland to Lake Erie north of Cleveland Browns Stadium — which lost its naming rights sponsor earlier this year. Perhaps new development could attract a new company to inject more cash into the club by attaching its name to their venue.

At one point, the Browns had hoped to get $1 billion in funding from the city of Cleveland for stadium renovations.

The Tennessee Titans are building a new $2.1 billion stadium in Nashville that they hope will host events like the Super Bowl and Final Four and the Jaguars are planning their “stadium of the future” that would revitalize downtown Jacksonville.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL, MLB, NCAA, NASCAR Back Drone Crackdown Bill

The NFL said there were nearly 3,000 drone incidents in 2023.

‘Shrinking Platform’: MLB, ESPN to Split After 35 Years

Manfred cites multiple issues with ESPN’s MLB coverage, business health.

NBA Dealt Major Blow With Wemby’s Season-Ending Blood Clot

The 21-year-old was named an All-Star this year.

MLS Begins Season With More Messi Mania, Apple Streaming Changes

Inter Miami is once again the betting favorite to win the MLS Cup.

Featured Today

Dec 31, 2024; Durham, North Carolina, USA; Virginia Tech Hokies forward Tobi Lawal (1) and Duke Blue Devils center Khaman Maluach (9) battle for the opening tip during the first half at Cameron Indoor Stadium.

House v. NCAA Settlement Creates Potential Crisis for International Athletes

Revenue-sharing payments could violate international student visa laws.
Nov 2, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Penguins goaltender Alex Nedeljkovic (39) stretches during a time-out against the Pittsburgh Penguins in the second period at PPG Paints Arena
February 21, 2025

Behind the Mask: The Artists Creating Hockey’s Iconic Goalie Style

The art and business of outfitting pro netminders.
Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team United States forward Matthew Tkachuk (19) and Team Canada forward brandon Hagel (38) fight in the first period during a 4 Nations Face-Off ice hockey game at the Bell Centre.
February 16, 2025

Inside the Push for the NHL’s Next Era of International Competition

Players have been clamoring, and the league is all in.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
Nike x Skims

Kim Kardashian Is Nike’s Answer to Alo and Lululemon

The new Nike x Skims line will launch in the spring.
February 7, 2025

Super Bowl Ticket Prices Still Dropping As Lodging Costs Soar

Prices have fallen by another 20% since Monday amid a local lodging crunch.
Feb 9, 2025; New Orleans, LA, USA; Recording artist SZA and recording artist Kendrick Lamar perform during halftime Super Bowl LIX at Caesars Superdome.
February 10, 2025

Nike’s Huge Super Bowl: From Jalen Hurts to Kendrick and Serena

Kendrick Lamar wore Nikes in the halftime show; Serena Williams wore Converse.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 24, 2025

EA Sports Stumbles: Stock Plummets As Soccer Game Misses the Goal

A downbeat forecast sends shares in the video game developer tumbling.
Jan 17, 2025; Dallas, Texas, USA; A view of the shoes of Dallas Mavericks guard Kyrie Irving (11) during the second half against the Oklahoma City Thunder at the American Airlines Center.
January 23, 2025

China’s Anta Is Fastest-Growing Sneaker Brand on StockX

Nike broke off its shoe deal with Kyrie Irving in 2022.
Kristin Juszczyk (left)
January 10, 2025

How Taylor Swift Turbocharged Kristin Juszczyk From Sewing Machine to Major NFL..

Several of the pieces sold out within the first day.
Jun 20, 2024; Eugene, OR, USA; Detailed view of Nike Alphafly 3 racing flat at the Nike by Eugene store.
December 19, 2024

‘Stubbornly High’ Inventory Slowing New Nike CEO’s Turnaround Mission

The sportswear giant continues to discount its products heavily.