AHL Ice Hockey Team Considering Pasadena for $379M Center

24 March 2016

Pasadena city officials and a group of developers recently discussed working together on a $357 million sports and entertainment resort development to be built in the convention center area.

The focal point of the proposed 200-acre master-planned development is a convertible entertainment venue and multi-use sports arena to hosts youth and professional sports tournaments and games, concerts, rodeos and ice hockey games among other things.

David Miles of Western Spherical Developers, LLC, outlined plans for the proposed development at a Pasadena City Council workshop held Tuesday (March 1).

As part of the proposal for the sports arena, Miles said members of the development team are in preliminary discussions with officials from the American Hockey League to bring an ice hockey team to Pasadena.

“In addition to ice hockey, I would think a soccer team would also be beneficial to Pasadena,” Councilmember Sammy Casados said.

Miles said the sports arena ice rink was convertible and could used for other sports events such as indoor soccer tournaments or to host professional indoor soccer games.

“Pasadena is a wonderful destination market for indoor youth soccer tournaments and professional-level indoor soccer games and we are definitely looking into those options,” Miles said.

The proposed sports arena could also be adapted for other sporting events such as rodeo/equestrian events, indoor football, indoor lacrosse, basketball, boxing, wrestling, BMX and motorcross races and monster-truck events.

In addition, the 6,500-seat convertible ice rink and sports arena could also be converted to an 8,500-seat entertainment venue for events such as live-music concerts, graduation ceremonies, family shows, gospel performances, tradeshows, monster truck and BMX shows among other things.

The proposed development also includes an amusement park, a theatre-cinema grill, 300,000 square-feet of retail development, 16 full-service and fast food restaurants, two hotels, an RV park with cottages, a facility for rodeo, agricultural and livestock events.

The development would be built via a public-private partnership between the city and a group of developers with 80 percent of the funding to be provided by developers and investors such as the Northland Group which has proposed building a 135-room hotel.

According to agenda documents, the development team partners who have committed to the project at this point include Crystal Creek Developers, International Colosseums, Spherical Development.

If negotiations are successful, the City of Pasadena is expected to benefit from an additional $350,000 in estimated annual taxable sales in addition to another $10,000 in annual lodging sales. The development is also expected to create 1,350 estimated construction jobs and 3,800 new direct and indirect jobs.

 

Source : yourhoustonnews.com