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Silver: NBA expansion on the horizon - Arena Digest

Silver: NBA expansion on the horizon - Arena Digest

HomeCommissioner Adam Silver is finally openly discussing NBA expansion, complete with timelines and two potential markets: Seattle and Las Vegas.Of course, NBA expansion has been a hot topic within the league for years. Once it was clear that every NBA franchise was on solid ground–basically, since the announced sale of the Minnesota Timberwolves in 2021–and the emergence of new arenas in Seattle and Las Vegas, the next step for the league was an expansion from 30 to 32 teams.Silver has been dancing around the issue for several years, but as of late he’s finally admitted that NBA expansion...

July 17, 2023
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Two new Madison Square Garden development projects announced - Arena Digest

Two new Madison Square Garden development projects announced - Arena Digest

HomeWe have two competing Madison Square Garden development projects on the table, with the Metropolitan Transportation Authority (MTA) and ASTM North America pitching the public on the merits of their plans.Over the course of the last two years we’ve gone from a situation where local reps were threatening to make life miserable for Madison Square Garden ownership to where Gov. Kathy Hochul was actively working with Vornado Realty Trust to redevelop the area around the venerable arena in the name of Penn Station redevelopment. The original plan to construct 10 new office towers a la...

June 29, 2023
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New Atlanta NHL arena would anchor huge development - Arena Digest

New Atlanta NHL arena would anchor huge development - Arena Digest

HomeA first-time developer is pitching a new Atlanta NHL arena anchoring a $2 billion mixed-use development featuring hotels, retail, residential components pitched as being similar to The Battery in Cobb County.The Gathering at South Forsyth could be located on 100 acres at Ronald Reagan Boulevard, McGinnis Ferry Road and Union Hill Road, in the northern part of the greater Atlanta area, in Forsyth County. Leading the development would be an 20,000-seat arena optimized for NHL hockey–the third run at an NHL team in Atlanta, following the Flames and the Threshers. Following the arena on the...

April 19, 2023
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New for 2023: Kaseya Center - Arena Digest

New for 2023: Kaseya Center - Arena Digest

HomeAfter the collapse of FTX’s American operations, we have a new name for the home of the Miami Heat–Kaseya Center–after a naming-rights deal with the IT management firm.The new Kaseya Center deal, as approved by Miami-Dade County commissioners, is effective immediately. The cost: $117.37 million over 17 years to the county, with the Heat retaining $2 million annually.Previously the Head had a naming-rights deal with cryptocurrency exchange, before the firm collapsed and filed for bankruptcy. Since then founder Sam Bankman-Fried has been accused of defrauding investors by allegedly...

April 5, 2023
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Tempe sued by Phoenix over Arizona Coyotes arena development - Arena Digest

Tempe sued by Phoenix over Arizona Coyotes arena development - Arena Digest

HomeThe city of Phoenix Aviation Department is suing Tempe over the proposed Arizona Coyotes arena development, arguing the city’s rezoning of the site breaks a deal to limit housing near Sky Harbor International Airport.The lawsuit, filed in Maricopa County Superior Court, is based on a breach of contract claim, asking the court to rescind Tempe’s recent zoning and land use changes and prohibit future residential uses in an area that the Federal Aviation Administration says is incompatible with residential development.The Coyotes are not a party to the suit.The dispute involves the...

March 29, 2023
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Kevin Reichard

Kevin Reichard

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