REBusinessOnline

Sacramento Kings to Receive New $477M Entertainment and Sports Center

SACRAMENTO, CALIF. – The Sacramento Kings will soon play ball in a new 17,500-seat Entertainment and Sports Center (ESC) in Downtown Sacramento. The $477-million project is scheduled to open in September 2016.

The Kings Arena is one facet of the larger ESC project. This redevelopment project will eventually envelope four Downtown city blocks.

The multi-use Kings facility is set to include a state-of-the-art practice space and administrative offices. The larger redevelopment project will feature 1.5 million square feet of additional development, including 475,000 square feet of office space, 350,000 square feet of retail, a 250-room hotel and 550 residential units.

The new project is anticipated to bring about 1.6 million new visitors to the region, generating $230 million in economic activity on an annual basis, according to reports.

The project is aiming for LEED-Gold certification. It will be built by Turner Construction, while Clark Pacific will handle the majority of the concrete work.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

Webinars on Demand


Conferences


Subscribe to the newsletter

Read the Digital Editions

Midwest Multfiamily & Affordable Housing Business

Western Multfiamily & Affordable Housing Business

Texas Multfiamily & Affordable Housing Business

Southeast Multfiamily & Affordable Housing Business

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties  

2021 Finance Insight Video Interviews