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New DePaul University arena to anchor hotel, retail development

New DePaul University arena

After settling on the design of a proposed new DePaul University arena at McCormick Place, a developer is working on additional investments that could yield housing, hotel and retail spaces. Read More »

KFC Yum! Center debt restructured thanks to U of Louisville concessions

KFC Yum! Center

The University of Louisville will forgo some KFC Yum! Center sponsorship revenue over the next three years, giving the Louisville Arena Authority more cash to pay down larger-than-expected debt. Read More »

Decision for DePaul: Build new arena or play at United Center

unitedcenter

DePaul athletic-department officials have a big decision to make: whether to build a $150-million arena for the Blue Demons or to take up residence at the United Center. Read More »

New Oregon arena fails to meet revenue projections

University of Oregon officials are adjusting budgets after the new Matthew Knight Arena has failed to meet revenue expectations across the board.   While it’s normal to readjust budgets after a facility opens, the fact that revenues failed to reach expectations across the board is a vindication for arena foes, who claimed projections were rosy, according to a report originally ... Read More »

Study: Cheaper to renovate Rupp Arena than to build new facility

This isn’t always true, but it makes sense: it would be cheaper to renovate Rupp Arena than to build a new downtown arena for the University of Kentucky Wildcats. Everyone agrees Rupp Arena in its present configuration is at the end of its economic life: Wildcats basketball is enormously popular, and there’s more money to be made in terms of ... Read More »

Check out the world’s most unusual arena: on an aircraft carrier

{jathumbnail off} Tonight North Carolina and Michigan State will square off at perhaps the most unusual arena ever built: the flight deck of the USS Carl Vinson, with President Barack Obama in attendance. Normally the 1,094-foot-long flight deck is home to fighter jets, but tonight it will be outside San Diego and be the base for 7,000 seats, a scoreboard ... Read More »

New Louisville arena: successful first year

With the University of Louisville basketball teams setting attendance records and plenty of fans queuing up for concert tickets, KFC Yum! Center is poised to turn a profit in its first year open. That basketball would benefit from a new downtown arena was a given, though the boost to the women’s program — attendance rose to 10,859 fans a game ... Read More »

Groundbreaking at new Lincoln arena

Construction of a new Haymarket-area arena for University of Nebraska sports is officially underway, as a groundbreaking ceremony was held this morning to commemorate the occasion. Gov. Dave Heineman was on hand with university and city officials to mark the beginning of work on the 16,000-seat arena, largely funded by a 2 percent tax on bars and restaurants in the ... Read More »

UA-Anchorage regents approve new $109M arena

The University of Alaska Anchorage Board of Regents approved a plan for a new $109-million basketball arena, but there a chance some expected state money for the project could be vetoed by Gov. Sean Parnell. The new arena would seat 5,600 and house university sports like basketball and volleyball. (The hockey team will continue playing at Sullivan Arena.) The complex ... Read More »

Turning around the ship at JQH Arena

Despite some successful events and a main tenant that draws well, Missouri State University is struggling to avoid losses at JQH Arena. One solution: beer sales. The problem for MSU officials: the arena breaks even operationally, but there’s not enough revenue for debt service. The $67-million arena was built after John Q. Hammons stepped up with a $30-million gift, but ... Read More »

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