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Friday, July 12, 2024

Esports Development Company Plans to Build 32 New Stadiums

  • Glytch has a construction budget of $54 million per stadium.
  • The company plans to open four new facilities by the end of 2024.
Glytch

A real estate development company specializing in esports stadiums plans to build 32 facilities across the U.S. and Canada over the next seven years. 

Glytch, based in Southern California, has started chasing its goal with the announcement of plans to build a 100,000-square-foot venue in Columbus, Ohio, which will feature a 2,000-seat gaming arena and broadcasting studio.

The facility will also host concerts and other events with its theater design. 

  • Glytch has a construction budget of $54 million per stadium.
  • The company plans to open four new facilities by the end of 2024.
  • It aims to open four new locations each year thereafter. 
  • Construction has already started on a stadium project in Los Angeles

“We firmly believe this is the next step in esports,” said Glytch chief visionary officer and former GameWorks CEO Michael Williams. “Instead of hosting every major esports league and all the teams in Los Angeles, we believe in regional stadiums with local teams.”

Each new venue will also be the home of an internationally recognized pro esports team.

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Legendary Deal 

Glytch’s new esports facilities are poised to gain traction with visitors thanks to a deal with entertainment experiences company Legends.

In April 2022, Glytch secured a pact with the company that began as a joint venture between Yankee Global Enterprises, an affiliate of the New York Yankees, and Dallas Cowboys owner Jerry Jones. Legends will serve as the exclusive operator of Glytch’s new esports stadiums.

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