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United-Center-Redevelopment-Chicago
DevelopmentEntertainmentIllinoisMixed-useNews

Bulls, Blackhawks Owners Unveil Plans for $7 Billion Transformation of Chicago Athletic District

by Hayden Spiess

Chicago — The owners of the NBA’s Chicago Bulls and NHL’s Chicago Blackhawks have unveiled plans for the transformation of the area around their shared venue, the United Center. The initiative is known as The 1901 Project, and development costs are estimated at $7 billion. Michael Reinsdorf, CEO of the Bulls and son of owner Jerry Reinsdorf, formally announced the project on Tuesday, July 23. The elder Reinsdorf, along with Blackhawks owner Danny Wirtz, co-owns the United Center, where both teams have played since 1994. The name is a reference to …

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Flight-Club_Denver
EntertainmentLeasingNew YorkNews

State of Play Signs 10,700-Square-Foot Lease in New York City

by Hayden Spiess

New York City — State of Play Hospitality, an entertainment retail operator, has signed a lease at 31 Union Square West in New York City, with plans to open a Flight Club venue. Spanning 10,700 square feet on the ground floor and basement of the property, the facility will offer darts-focused games with food-and-beverage options. Scheduled to open in 2025, this marks the ninth North America location for the brand. Blue Water Grill restaurant previously occupied the space. 

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Centennial-Yards-x-Cosm
DevelopmentEntertainmentGeorgiaLeasingMixed-useNews

Cosm to Open Entertainment Venue at $5 Billion Centennial Yards Development in Atlanta

by Hayden Spiess

Atlanta — Immersive technology, media and entertainment company Cosm has announced plans to open an entertainment venue at Centennial Yards, a $5 billion mixed-use development currently underway in downtown Atlanta.  Situated within the project’s Sports and Entertainment District, the venue will comprise 70,000 square feet across three levels. Architecture firm Gensler is designing the facility.  Dubbed Shared Reality, the venue will feature Cosm’s proprietary technology, including a 12K+ LED dome spanning 87 feet in diameter. Shared Reality will offer immersive live sports viewing through Cosm’s partnerships with entities including ESPN, the …

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TOCA-Social-Dallas_The-Colony-Texas
EntertainmentNewsTexas

TOCA, MLS to Open TOCA Social Dallas in The Colony, Texas

by Hayden Spiess

The Colony, Texas — TOCA Football and Major League Soccer (MLS) have announced a partnership, with plans to open the first TOCA Social venue in the U.S. in The Colony, a city roughly 30 miles outside Dallas. Situated within the Grandscape mixed-use development, TOCA Social Dallas will feature soccer-based immersive entertainment, as well as food-and-beverage options. The venue is scheduled to open next summer, and TOCA plans to expand with additional TOCA Social venues in other U.S. cities. 

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Live-Casino-Hotel-Louisiana
DevelopmentEntertainmentLouisianaNews

Cordish Cos. Tops Off $270 Million Live! Casino & Hotel in Bossier City, Louisiana

by Hayden Spiess

Bossier City, La. — The Cordish Cos. has topped off construction of its Live! Casino & Hotel Louisiana, a $270 million hospitality and gaming entertainment complex located in Bossier City. The retail entertainment owner and operator broke ground on the project in December 2023, and general contractor AnderCorp finished vertical construction at the property yesterday.  Scheduled to open in first-quarter 2025, the development will feature more than 47,000 square feet of gaming space; a sportsbook for live betting on sporting events; an upscale 550-room hotel with a resort-style pool and fitness …

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Ballys-Chicago-Casino
DevelopmentEntertainmentIllinoisNews

Bally’s Releases Updated Plan for $1.7 Billion Casino Project in Chicago

by Hayden Spiess

Chicago — Bally’s Corp. (NYSE: BALY) has released an updated permanent site plan for its $1.7 billion casino project in Chicago, a redevelopment of the former Chicago Tribune printing plant that will now be developed in a single phase. The property is located at 777 W. Chicago Ave. in the city’s River West neighborhood. Project plans now include a 34-story, 500-room hotel tower situated at the southern end of the 30-acre gaming and entertainment destination. The hotel — which was initially expected to be located elsewhere in the development — will feature a …

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Sunset-Amphitheater-El-Paso
DevelopmentEntertainmentNewsTexas

El Paso City Council Approves $80 Million Concert Venue, Partners With Operator

by Hayden Spiess

El Paso, Texas — The El Paso City Council has approved a proposal to develop an $80 million concert venue and has formed a public-private partnership with the operator, hospitality firm Venu (formerly known as Notes Live). The project will span 17 acres of city-owned land and will anchor the Cohen Entertainment District on the city’s northeast side. Dubbed Sunset Amphitheater, the venue will feature a seating capacity of 12,500. The City of El Paso is providing $30.6 million in performance-based incentives under the terms of the partnership deal. Construction is …

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EntertainmentLeasingNewsTexas

The Picklr Opens 28,016-Square-Foot Venue at Eldorado Plaza in McKinney, Texas

by Hayden Spiess

McKinney, Texas — The Picklr has opened a 28,016-square-foot venue in the northern Dallas suburb of McKinney. Situated within Eldorado Plaza, the facility will feature nine full-size pickleball courts and one warm-up court. Whitestone REIT owns the property, which is anchored by Trader Joes. Other tenants at the center include Starbucks Coffee, Hollywood Feed and Christina’s Mexican Restaurant.

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Netflix-House
EntertainmentLeasingNewsTexas

Netflix to Open Entertainment Venue at 1.9 Million-Square-Foot Shopping Center in Dallas

by Hayden Spiess

Dallas — Netflix will open an entertainment venue within an anchor space at Galleria Dallas, a 1.9. million-square-foot shopping center in Dallas. Dubbed Netflix House, the establishment will feature immersive experiences, retail and food-and-beverage offerings. Construction is currently underway on two floors of the property to house the venue, which is scheduled to open in fall 2025. According to a statement on the Netflix company website, an additional Netflix House will open in King of Prussia, Pennsylvania, with both venues encompassing more than 100,000 square feet. MetLife Investment Management owns Galleria …

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Alamo-Drafthouse
CaliforniaCompany newsEntertainmentInvestment salesNewsTexas

Sony Pictures Entertainment Acquires Theater Chain Alamo Drafthouse Cinema

by Hayden Spiess

Culver City, Calif. and Austin, Texas — Sony Pictures Entertainment has acquired theater chain Alamo Drafthouse Cinema from Altamont Capital Partners, Fortress Investment Group and founder Tim League for an undisclosed price.  Alamo Drafthouse was founded in 1997 in Austin, and has grown from a single mom-and-pop location to 35 cinemas across 25 metropolitan areas. The company is the seventh-largest theater chain in North America and was one of the pioneers of the in-theater elevated food and drink concept.  Alamo Drafthouse will maintain its headquarters in Austin and will continue to …

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