Sports Business Journal’s Post

We are walking into a new era of design for sport arenas and stadiums. There's a shift to a more fan focused design, with venues catering to the "fan experience." The "fan experience" speaks to how fans interact and engage within the space outside of sports game itself. A fan focused design tailors the environment to encourage human socialization and a group-watching experience. Larger screens, charging stations (phone and car), and more social spaces will get fans to come early and stay late which increases profits and desirability. People, generally, want to be surrounded by "good vibes", designing for the "fan experience" will keep sports fans and non-sport fans engaged. Check out these new stadium projects under construction in North America that are incorporating a fan focused design, a practice we will utilize for future projects. https://lnkd.in/e-ZwkQ8p

RFK Stadium cleared for demolition after 5 years of sitting empty D.C.’s Robert F. Kennedy Memorial Stadium has been cleared for demolition after the National Park Service found that the demolition would have no negative impact on the environment surrounding RFK campus The 63-year-old stadium has been in serious disrepair for years and has not been used since 2019. While Events D.C., the organization responsible for the management of the stadium, had cleared it out, the city had been waiting as NPS evaluated if the stadium on park land could be safely taken down. The next step is for NPS to issue a permit for the D.C. government to demolish the stadium. Then both administrations will need to sign an agreement that the District can continue to use the property, according to the 1957 District of Columbia Stadium Act’s requirements. The 1957 act first established that the Armory Board could establish and maintain a stadium in D.C. for “holding athletic events and other activities and events.” The Amory Board finished building RFK Stadium in 1961 and named it after Robert F. Kennedy following the assassination of the senator. The act was amended in 1993 so the District could use land around the stadium for parking and create a new stadium. The new amendments made it clear that the D.C. government would be responsible for building, maintaining, naming and operating the new stadium. The House passed a bill in February that would allow D.C. to redevelop the old RFK site, a move widely seen as opening the door for construction of a new stadium for the Washington Commanders. The RFK Memorial Stadium Campus Revitalization Act, which would enter D.C. into a 99-year lease of the site, passed the House on a 348-55 vote and is headed to the Senate. #rfkstadium #rfk #legendarysportsstadiums #sportsindustry #washingtondc #wtop

Excited to get this closed before EOY for one of my favorite and longest clients. The highest per square foot value I have seen in 12 years for a vacant industrial/flex building. Cost of construction has somewhat plateaued, but they continue to be high enough to justify higher prices for existing buildings. Cost of recreation is a common theme and discussion piece for pricing industrial buildings. These types of sales also show the strength and growth Lee's Summit, MO is seeing as an industrial submarket. Newmark Zimmer Newmark Zimmer Industrial & Logistics – Heartland Region

Who else is getting caught up after a long weekend? Hope it was a fun and safe 4th. Just did a little deep dive into the council meeting, in St Pete, in this article they showed the latest designs with a fixed glass roof and big windows and porches. Got to say, this setup looks sharp. Right now, the plan is for St. Pete to put in $287.5 million, Pinellas County to add $312.5 million, and the Rays to cover the rest with $700 million. #CommercialRealEstate #CRE #InvestmentProperty #CommercialProperty #OfficeSpace #RetailSpace #Leasing #PropertyInvestment #CommercialLeasing #RealEstateInvestment #BusinessSpace #CommercialBroker #PropertyManagement #CommercialListing #TenantRepresentation #LandlordRepresentation #IndustrialRealEstate #RetailLeasing #OfficeLeasing #RealEstateDeals https://lnkd.in/eqQdPfHG

After 30 years, billion-dollar arenas and stadiums are considered outdated. They are then used as leverage for billionaires to hold cities hostage and nickel-and-dime residents into paying for a replacement instead of using some of those billions that the billionaires have. And then I think about the Colosseum - the real one, in Rome. And about theaters in Greece. And about the Verona Arena, which was more or less the test-case for the Colosseum (built about 50 years earlier) and is in such good shape that it still holds concerts today. And then I think about how the Silverdome, built in 1975, is now an Amazon warehouse. And about how the Buffalo Bills completed a $130m renovation 9 years before announcing a $1.7 billion new facility across the street from their current stadium, which will almost certainly be torn down in my lifetime. And about how the Texas Rangers' stadium opened in 1994 and they moved into a new stadium in 2019. You have to wonder what, if anything, will still be standing 2000 years from now, right? It won't be stadiums (they'll get torn down), it won't be houses (they'll be torn down and replaced), and it won't be schools (lax-levies fund new schools all the time). Will skyscrapers be able to withstand ever-increasing severe weather? Almost certainly not. Civic buildings? Maybe! They're shorter and sturdier, after all. My bet? Pyramids, Roman arenas, and other ancient works. Something 100 years old isn't worth protecting in a crowded city, but something ancient is already established as worth saving and will continue to be, even as everything around it gets torn down and rebuilt ad nauseum. This is probably not worth a linkedin post, but my 1-year-old is *very* interrupty and I needed to get it out.

// 🔥 In a ground-breaking announcement, the Allan Labor Government and the AFL are set to explore a significant development opportunity that could breathe new life into the Marvel Stadium Docklands waterfront precinct. Under this joint venture, Development Victoria, the government’s property developer and major project agency, will collaborate with the AFL to reshape 140 and 160 Harbour Esplanade. Notably, Development Victoria acquired the leasehold to 160 Harbour Esplanade in 2018, a site currently occupied by the Channel 7 broadcast centre. The adjacent Channel 7 building, nestled next to AFL House, is also poised to play a pivotal role in the envisioned Harbour Esplanade overhaul. The ambitious redevelopment plan extends to Central Pier, where early removal works are already underway as part of an overarching strategy to breathe new life into the precinct. The state government’s vision for Central Pier’s transformation is crucial, following its permanent closure in 2020, and forms an integral component of the broader waterfront redevelopment. #melbourneproperty #victoria #urbanplanning #urbandesign #architecture #townplanning #constructionindustry #cityplanning #melbournerealestate #melbournearchitecture #infrastructure https://lnkd.in/giv5YzDk

As both a sports infrastructure architect and an athlete, I believe stadiums must transcend their traditional event-only function. The issue of underutilized "white elephant" stadiums is a missed opportunity for community and economic value. Instead, stadiums should be designed as "unicorns"—multi-functional spaces that remain active year-round, integrating community uses like markets, services, and social spaces. In my thesis design of an integrated sports hub, I employed similar strategies and concepts, focusing on creating flexible, community-centric venues. By prioritizing adaptability and local integration, these spaces can deliver long-term social and financial benefits, justifying their higher initial costs. My goal is to design stadiums that are vibrant, inclusive, and valuable to their communities every day of the year. https://lnkd.in/eZ9J5eMG

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The stadium is perhaps the most likely type of civic infrastructure to attract public scrutiny. Home to a vast range of experiences, the typology hosts the highs of public life – providing the stage for performances and grounds for sporting matches. Events are formative in every city’s public psyche, so their setting – the stadium – must meet the highest of standards. But what happens when the event is over? Across the world, stadiums are only used for events approximately 10 to 20 percent of the year and are left to languish the other 80 to 90 percent. Expensive and deeply antisocial, these buildings are a lost opportunity for social and financial contribution to their communities, owners and operators. Stadiums should, and can, be useful every day of the week. Knowing this, how can we design stadiums to be better neighbours? Featured on Australian Design Review, Senior Associate Matt Reynolds' latest Insight explores this question. Read the article here: https://bit.ly/3WdHXd2 #peoplearchitecture #woodsbagot #thoughtleadership #stadiums #majorvenues #stadiumdesign

Athletics is an important part of the student experience at most higher ed institutions, whether as a student-athlete or fan. For those of your evaluating stadium renovations/construction, what value is being placed on the luxury quotient expected by both your fans and athletes? Construction Dive and Michael Hessert discuss how stadium design is changing: https://lnkd.in/enmcUi2z