David Costello’s Post

Chicago Bears reveal proposals for new roofed stadium The National Football League (NFL)’s Chicago Bears have unveiled ambitious plans to build a state-of-the-art fixed-roof stadium along Chicago’s lakefront. The Burnham Park Project includes a new publicly-owned multipurpose replacement stadium located just south of Soldier Field - ASM Global that’s part of a singular year-round hub centred on park-based culture and recreation. The plan calls for $3.2 billion for the new stadium plus an additional $1.5 billion in associated infrastructure. Bears President and CEO Kevin Warren said: "This is an incredibly, incredibly special day for the Chicago Bears, for the City of Chicago, for the state of Illinois, for our ownership, for our players, for our coaches, for our staff members, for the alumni and for our incredible Chicago Bear fans. "Today is about progress, and one of the things that I am most excited about today is the fact that this shows that in this city we have the intellectual capabilities, we have the heart, we have the passion, we have the foresight, we have the wisdom, we have the vision to do big things." The proposal boasts year-round use for recreational and community events and an increase in open and green space, including 14 acres of athletic fields and recreational park space for use by public and youth sports programs. The athletic fields would provide a high-quality, safe place for the city’s youth, especially those from nearby underserved neighbourhoods, to gather and play sports. Visitors would be able to enjoy the lakefront via indoor and outdoor experiences. The plan features a three-acre promenade and plaza area which could include year-round food and beverage outlets, retail shops, a cultural attraction focused on sports and Soldier Field history. A publicly-owned hotel could also be included on the recreation and cultural campus. To find out more and to watch the video showcasing MANICA Architecture’s design for the new stadium, go to: https://lnkd.in/e-Y_Mz65 Amy (Hulce) Loch Meka White Morris Doug Carnahan Nathan DiLorenzo Bob Laskowski Laron Davis David Manica Will Hon Aaron Fletcher David Kelman #bears #chicago #nfl #sportsbiz #sportsindustry #stadia #stadiumbusiness #stadiumdesign #sportsvenuebusiness #sportsvenuebiz #svblive Sports Venue Business SVB LIVE John Sheehan The Sports Networker Cassandra Calleja David Hall

ICYMI: On Tuesday, Front Office Sports announced our inaugural list of 𝑩𝒆𝒔𝒕 𝑽𝒆𝒏𝒖𝒆𝒔. 🏟️ Organizations across the industry submitted applications and responded to questions about their technologies, mobile app features, food options/dietary inclusivity, transportation offerings, mixed-use functionality, and overall venue design. Sports Innovation Lab analysts and venue experts then reviewed all submitted entries, identifying key initiatives and activities that aligned with the evolving demands of the modern sports fan, and the responses were scored accordingly. Attributes considered for this award process were: ➖ Novel technologies that improve and enhance the gameday experience ➖ New approaches to simplifying and speeding up the merchandise and concessions process ➖ Exciting and engaging menu items ➖ Efficient ingress, egress, and wayfinding ➖ Facilitated transportation ➖ Easy access to wireless connectivity ➖ Physical and Cybersecurity ➖ Mixed-use development opportunities ➖ Venue design features Check out the full list ⤵️ https://lnkd.in/gjPGJ_tn

Kansas City Chiefs plan Arrowhead Stadium redevelopment The National Football League (NFL)’s Kansas City Chiefs have unveiled initial concepts for a $800 million reimagination and renovation of Arrowhead Stadium that will move the iconic stadium into the future. The club has consulted with a team of experts from Populous on best-in-class features and concepts that would elevate an already revered venue and unrivalled fan experience to new heights. The team presented renderings and video of proposed repairs, maintenance, renovations and enhancements that would maintain Arrowhead Stadium as the home of the four-time Super Bowl champion Chiefs for decades to come. The revamp would also help Arrowhead double down on its status as an iconic cultural landmark for Kansas City and the entire Midwest region, as well as a destination for sports and entertainment fans from around the world. Chiefs Chairman and CEO Clark Hunt said: "For more than five decades, Arrowhead Stadium has been the home of the Chiefs, and a home for so many of our fans. This is where generations of Chiefs fans fell in love with the game. History has been written here, legends have been born here, and lifelong memories have been made within these walls. The stadium has become part of the fabric of our community. Today we are excited to share our plans to extend the life of Arrowhead for future generations of Chiefs fans." Chiefs President Mark Donovan said: "Today is a major milestone in a very long and complex process that has taken place behind the scenes for more than two years. It is important to recognize the work of our internal team, as well as the team from Populous, who have worked closely on this project from the time that we started reviewing core samples of concrete through today’s announcement. There will continue to be many steps, tweaks and updates as we move forward, but we hope Chiefs fans are excited and encouraged by the significant progress and investment that has been made and will continue to be made going forward." For the full story, go to: https://lnkd.in/ewshDy3x Article written by John Sheehan Anthony Matthies Matthew Kenny Kurt Whitlow Dan Crumb Brandon Hamilton Kimberly Kruse Weston Owen Bruce Miller Sherri Privitera Charlie Brooks adam stover #nfl #chiefs #sportsbiz #sportsindustry #stadia #stadium #stadiums #sportsvenuebusiness #sportsvenuebiz #svblive Sports Venue Business SVB LIVE

Exciting projects ahead

Seregh is a new firm that will focus on partnering with venue owners to develop real estate projects Over the next 15 years, Seregh is seeking to work on projects worth a combined $100 billion across the globe. Team owners and venue owners know there’s an opportunity to monetize real estate around venues but are often ill-equipped to do so,” Fascitelli said. Seregh plans to work with men’s and women’s teams, with a focus on those competing in professional basketball, football, hockey, baseball and soccer leagues. By Jonathan Fascitelli’s count, more than 30 US teams are currently weighing renovation, relocation or new-build options. That figure doesn’t include new practice facilities or purpose-built arenas that may be dedicated to women’s sports or collegiate sports, he said. The firm sees an opportunity to develop $1 billion to $3 billion of mixed-use properties located near venues, with a focus on experiential retail, residential, office and hotel real estate. ————— The sports industry is constantly evolving and the focus of this firm to tackle the real estate side of sports is 💪🏾. The conversation around the Browns stadium is evidence of this and the important role of real estate moving forward across the sports landscape. #NhkxThoughts #sports #realestatedevelopment

This past Friday, I attended the Art & Science of Sports Venue Development session for the Tennessee Titans Sports Venue Real Estate Development Bridge Program Powered By Project Destined. We were joined by Burke Nihill (President and CEO at Tennessee Titans) who described the team’s rationale for building a new stadium including the benefits to the team, local community and the city. He also provided an overview of the project timeline and the process of building the team to lead stadium design and construction. This session gave me a deeper understanding of how sports venue development impacts not just the teams but the entire community. It was inspiring to see how intentional planning and collaboration come together to create something that benefits everyone. I learned the importance of strategic foresight and collaboration when tackling large-scale projects like stadium development. It is not just about the construction; it is also about building a vision that enhances the city's culture, economy, and overall experience. The key takeaways I received from this session was that: 1. A new sports venue can serve as a catalyst for community and economic growth, with benefits extending far beyond the team. 2. The process of designing and constructing a stadium involves a well-coordinated team of experts in various fields, which is why diverse skill sets and perspectives are important. 3. Long-term planning and community engagement are key to ensuring the success and sustainability of such a major project. Hearing from Burke Nihill himself was a rare and special opportunity. His passion for the project and for Nashville’s future was evident and it reminded me how pivotal leadership is in bringing large-scale visions to life.

Fans no longer show up to sporting events just to watch their team play. They want a robust experience that begins before they even reach the venue. In this blog, we look at how gathering and tracking data gives stadium operations managers the insight needed to deliver efficient, safe, memorable, and profitable events. Learn more: https://bit.ly/3UawbiG

Sports teams are starting to look like real estate companies. Health care organizations could soon follow? Let me explain! Shoutout to Joe Pompliano for this post breaking down the (big!) business of sports teams investing in entertainment districts surrounding their stadiums, with the best example being "Battery Park" in Atlanta. https://lnkd.in/ewwKWEii Media rights, ticket sales, and now rental income are the top three drivers of revenue for the Atlanta Braves now. Maybe healthcare actually inspired this? With "Health Districts" being in the healthcare vocabulary for a decade or more now, hospital systems have built services and buildings around innovation centers and medical schools that fit into the framework of the community. We know how much your surrounding environment impacts your overall health, and I'm excited for a future where the healthcare leaders double as the health leaders - starting in their own backyards. I can see hospitals and health systems building these health districts to include housing that promotes health (things like the "Culdesac" experiment in Arizona), restaurants that promote health (locally sourced), and even entertainment and other options that make choosing healthy behaviors easier. Right now the hospitals are the biggest buildings in the neighborhoods, maybe with these investments we'll see the health take over the health care starting at home. What would need to be included in your health district?

Some solid insight into the need to adjust and re-adjust based on effectiveness to today's fan bases. And knowledgeable thoughts from our own Alicia Woznicki Nicol on how Aramark Sports + Entertainment understood the needs for mobile ordering, while managing the expectations of future use for fans around the country. #MarkYourMoment #FanEngagement #MobileOrdering #SportsEntertainment

Let's talk sports bars in Vegas for a second. PTs Pub has over 70 locations. Parkway Tavern has 7, Bourbon Street has 7 locations, The Lodge has 12 locations, there's also Irish pubs that show sports --about a dozen--and 136 casinos that have a sports bar and a sports book. Not to mention you can watch the game at literally thousands of locally owned mom and pop sports bars in every single neighborhood of every corner of Las Vegas. Including gaming bars, like Dotties--and now Terribles Convenience stores are getting in the game--even plunking down the very awesome WSKY concept next to Alligent Stadium--and newcomer FLANKER right across the street. To me, that's over saturation. Everyone with a TV gets into the sportsbar game here in Vegas. I would estimate were in the tens of thousands of places that show the local games. Yet, we keep building them. Listen. If you have good promotional staff, maybe a big screen or TVs in your concept --you don't have to lock yourself into a one feature bar. The name of the game in this economy is to fill as many needs as you can throughout an entire week. You can put on your sportsbar hat and take it off when events happen. Make sure you don't build something that's only a one trick pony. Because when there's no major event--you sit there dead or at best--fighting to be half full. This game is about butts in seats at all times--because the clock with your rent and utilities NEVER stops. Be creative with your concepts. 🙄