Arena Sports and Entertainment Concepts
Tonight’s arena presentations at City Hall were inspiring. Of the seven original
proposals submitted to City Hall last month, three stood out in my mind as
having potential to take the next step if funding can be found. Because
there were so many renderings to post and I’m short on time for the next
couple days, I’ll post one or two of the proposals till I get them all up.
Tripp Development was the only proposal that did not display any visuals or
hand out any info on their proposal. They did make a seven minute
presentation talking about the cities goals and ideas to obtain financing,
but that was about it.
I’ll start with one that was called the Sacramento Riverfront Entertainment &
Sports Complex by M & M Group who was energized with both renderings and
ideas to gain financing to move forward. I personally think this one is a
no-go since the city just approved another Dock's development at the site
and the developer still has three years to start construction
before their permits expire. The M & M Group ideas also include an electric
Trolley that runs from Front Street up R Street to 19th Street as well as a
RT Entertainment Trolley line that swings up Broadway and over to midtown
and then back to the proposed arena. Although some parking will be built
next to the structure, most parking and will rely on people to park at already
existing parking structures downtown and then take the Trolley to the
arena. I love the idea of an arena on the river but I just don’t feel it with
this one. Here’s a link to learn more about the proposal and their financing
ideas estimated at $750 million
www.arenaontheriver.com .