124 lines
24 KiB
Markdown
124 lines
24 KiB
Markdown
# Mixed-Use Entertainment Development Intel Report
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**Last Updated:** February 2, 2026
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**Coverage:** Last 90 days (Nov 2025 – Feb 2026) + key mid-2025 announcements
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**Sources:** Bisnow, REBusinessOnline, Sports Business Journal, BizJournals, Blooloop, GlobeSt, Connect CRE, PR Newswire, general news
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---
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## 🔴 HIGHEST PRIORITY — Actively Raising Capital / Seeking Partners
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These projects are confirmed to be in fundraising, seeking JV partners, or have open RFPs.
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| Project | Location | Developer | Est. Cost/Size | Stage | Key Details | Capital/Partner Status | Key People | Source |
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|---------|----------|-----------|---------------|-------|-------------|----------------------|------------|--------|
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| **Forge Atlanta** | Atlanta, GA | Webstar Technology Group / Urbantec Development Partners | **$3.7B total** ($756M Phase 1) / 8.4M SF on 10 acres | Site acquired Dec 2025; lining up financing for 2026 groundbreaking | Phase 1: 300-room hotel, 600 luxury condos, 60,500 SF retail + entertainment, sports entertainment complex; Full build: 2,300 residences, 600K SF office, 200K SF data center | **ACTIVELY RAISING CAPITAL** — $33.7M seller financing secured; pursuing $223.7M inducement from Dev Authority of Fulton County, institutional loans/equity, bond issuance, digital asset tokenization, condo presales, and forthcoming stock offering. Penny stock company (WEBSTAR) — high risk profile. | Ricardo Haynes (CEO, Webstar) | [Bisnow](https://www.bisnow.com/atlanta/news/mixed-use/webstar-partner-close-on-forge-atlanta-site-132423) |
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| **Ole Miss Vaught-Hemingway District** | Oxford, MS | **RFP OPEN** — seeking developer partner | TBD / 25 acres | RFP issued Dec 10, 2025 | Mixed-use condotel (30+ condos), 35K+ SF retail/dining, entertainment district, stadium modernization (premium seating, student section), half-acre plaza; P3 (public-private partnership) structure | **OPEN RFP** — University seeking developer to design, build, finance, operate and maintain. Responses being collected. Brailsford & Dunlavey advising. | Keith Carter (AD, Ole Miss) | [SBJ](https://www.sportsbusinessjournal.com/Articles/2025/12/11/ole-miss-issues-rfp-for-vaught-hemingway-stadium-mixed-use-development-project/) |
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| **VENU Holding Corp (Multiple Sites)** | TX, FL, and other U.S. markets | VENU Holding Corp (NYSE: VENU) | **$1.1B+ under construction**; $5B+ pipeline | Active construction on multiple amphitheaters | Five new amphitheaters including 20K-seat Texas venue (Live Nation operated); Aramark F&B partnerships at five venues; Filed $1B S-3 shelf (Dec 2025) for securities issuances | **ACTIVELY RAISING PUBLIC CAPITAL** — Raised $34.5M+ in 2025; $1B shelf registration filed Dec 2025 for working capital, venue development, acquisitions, debt repayment. Publicly traded (VENU). Low-leverage structure. | — | [StockTitan](https://www.stocktitan.net/news/VENU/investors-tape-venu-builds-the-future-of-live-entertainment-with-1-fw0sn813l6gh.html) |
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| **Ovation Orlando** | Orlando (Osceola County), FL | Accesso Partners / Meyers Group (JV) | **$1B+** / 670K SF on 76 acres | Site acquired Jan 2026 ($73.3M); groundbreaking Q1 2026 | Master-planned entertainment district near Disney — 5 themed districts; retail, dining, musical restaurants, live music, 740 hotel rooms/condos; opening target 2027 | **Likely seeking capital partners** — $1B project with only $73M land purchase closed. JV structure between Accesso and Meyers Group. Full capital stack not disclosed — significant equity gap. | — | [ConnectCRE](https://www.connectcre.com/stories/accesso-buys-76-acres-to-build-orlando-entertainment-district/) |
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---
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## 🟡 HIGH VALUE — Major Projects Recently Announced (Last 90 Days)
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| Project | Location | Developer | Est. Cost/Size | Stage | Key Details | Capital/Funding Status | Key People | Source |
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|---------|----------|-----------|---------------|-------|-------------|----------------------|------------|--------|
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| **Water Street Tampa Entertainment District** | Tampa, FL | Strategic Property Partners (SPP) / Vinik Sports Group (VSG) | Part of **$3B+** Water Street Tampa / 4 acres | Announced Dec 2025; planning phase | 3,500-seat live music venue for mid-tier artists, 250-room hotel, 100K SF retail/dining/entertainment, structured parking; across from Benchmark International Arena | **Privately financed** — SPP/VSG partnership. Jeff Vinik's portfolio. Arctos Partners, Doug Ostrover, Marc Lipschultz are VSG minority investors. | Jeff Vinik (VSG founder); Arctos Partners (minority) | [REBusiness](https://rebusinessonline.com/strategic-property-partners-to-develop-3b-entertainment-district-in-downtown-tampa/) |
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| **KC Chiefs Stadium & Entertainment District** | Wyandotte County, KS (near Legends) | Kansas City Chiefs / State of Kansas | **$3.3B total** ($3B stadium + $300M HQ); $700M-$1B entertainment district | Agreement announced Dec 2025; STAR bond package | 65K-seat domed stadium (opens 2031 season), new HQ/training facility (Olathe), shopping/dining/hotel/entertainment districts in both locations | **Public-private partnership** — State STAR bonds funding up to 60% of costs; team covers 40%. $500M+ in public financing. Major public subsidy structure. | Clark Hunt (Chairman, Chiefs); Gov. Laura Kelly | [KS Commerce](https://www.kansascommerce.gov/2025/12/gov-kelly-and-kansas-city-chiefs-announce-agreement-on-plans-for-state-of-the-art-domed-stadium-in-kansas/) |
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| **MidCity Arts + Innovation Subdistrict** | Huntsville, AL | RCP Companies | **$300M** / 12 acres (within $2.2B MidCity District) | Announced Dec 2025; planning phase | 3,000-seat indoor music venue, 200-room music-branded hotel, boutique hotel, Innovation Tech Campus, 60K SF retail/entertainment, relocated outdoor venue (The Camp) | **Public-private partnership** — Part of larger $2.2B MidCity District (one of SE's largest mall conversions). Specific capital stack not disclosed. | — | [Axios Huntsville](https://www.axios.com/local/huntsville/2025/12/19/midcity-arts-innovation-subdistrict-huntsville-alabama) |
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| **Current Landing** | Kansas City, MO | Palmer Square Real Estate Mgmt / Angie & Chris Long (KC Current owners) | **$1B** / 23 acres | Under construction; Phase 1 opening Spring 2026 | Waterfront mixed-use district anchored by CPKC Stadium; restaurants, 2-acre town square, hundreds of apartments (River's Edge, Confluence buildings), retail, entertainment; timed for 2026 FIFA World Cup | **Funded and under construction** — First apartment pre-leasing Jan 2026. Construction moving rapidly. | Angie Long, Chris Long (KC Current co-owners) | [SBJ](https://www.sportsbusinessjournal.com/Articles/2025/12/19/kcs-1b-riverfront-project-gets-name-world-cup-boost/) |
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| **Sphere at National Harbor** | National Harbor, MD (DC metro) | Sphere Entertainment Co. (NYSE: SPHR) / Peterson Companies | TBD (est. multi-hundred million) / 6,000 seats | Intent announced Jan 18, 2026 | Second U.S. Sphere; first smaller-scale design model; immersive entertainment venue at National Harbor destination | **$200M in state/local/private incentives** announced. Sphere is public company (SPHR). Peterson Companies is established local developer/owner of National Harbor. Additional capital structure TBD. | James Dolan (Sphere Entertainment); Jon Peterson (CEO, Peterson Companies); Gov. Wes Moore | [Sphere Entertainment](https://investor.sphereentertainmentco.com/press-releases/news-details/2026/Sphere-Entertainment-the-State-of-Maryland-Prince-Georges-County-and-Peterson-Companies-Announce-Intent-to-Develop-a-Sphere-at-National-Harbor/default.aspx) |
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| **Metropolitan Park** | Queens, NY (Citi Field area) | Steve Cohen / Hard Rock International | **$8.1B** / 50 acres | Casino license approved Dec 15, 2025 | Hard Rock Hotel & Casino, 5,650-seat music venue, sportsbook, 1,000-room hotel, "Taste of Queens" food hall, 5,000 slot machines, 375 table games, 25 acres of parkland; 7 subway station renovation | **$500M upfront license fee** paid to state. $850M estimated annual tax revenue. Cohen self-funding (hedge fund billionaire). Fully private capital. | Steve Cohen (Mets owner); Hard Rock International | [SBJ](https://www.sportsbusinessjournal.com/Articles/2025/12/15/steve-cohen-81b-metropolitan-park-get-final-approval-for-ny-casino-license/) |
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| **Indianapolis Boxcar/Gainbridge District** | Indianapolis, IN | Boxcar Development LLC (Herb Simon / Simon family) | **$350M** | Groundbreaking Jan 7, 2026 | 13-story Ritz-Carlton hotel (176 rooms), 4,000-seat Live Nation music venue, pedestrian bridge to Gainbridge Fieldhouse, underground parking; acquiring additional surrounding properties | **$40M+ in TIF/city incentives** under consideration. Simon family self-funding bulk. $300M+ private investment. 300+ FTE jobs. | Herb Simon (Pacers owner); Rick Fuson (CEO, PSE) | [Live Nation](https://newsroom.livenation.com/news/partners-formally-break-ground-on-mixed-use-development-downtown-featuring-ritz-carlton-indianapolis-and-new-live-nation-venue/) |
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---
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## 🟢 SIGNIFICANT PROJECTS — Under Development / Advancing
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| Project | Location | Developer | Est. Cost/Size | Stage | Key Details | Capital/Funding Status | Key People | Source |
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|---------|----------|-----------|---------------|-------|-------------|----------------------|------------|--------|
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| **Rams Village at Warner Center** | Woodland Hills (LA), CA | Kroenke Organization | **$10B** / 52 acres (100 acres total holdings) | Plans announced Apr 2025; filing with city imminent; shovels by early 2027 | Rams HQ + training facility, two entertainment venues (5,000 + 2,500 capacity), residential, retail, hotel, offices, parks; decade-long phased build | **Privately funded** by Stan Kroenke (billionaire). No public subsidy disclosed. Gensler is master architect. | Stan Kroenke (Rams owner); LA Councilmember Bob Blumenfield | [Commercial Observer](https://commercialobserver.com/2025/04/kroenke-la-rams-hq-district-warner-center-development/) |
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| **Centennial Yards** | Atlanta, GA | CIM Group / Centennial Yards Company | **$5B+** / 50 acres | Under construction; first openings targeting 2026 FIFA World Cup | 5,300-seat Live Nation concert venue, Cosm venue, retail, hotel, residential; near Mercedes-Benz Stadium & State Farm Arena. "Epicenter of sports and entertainment for the SE U.S." | **CIM Group** (major institutional investor) leading. Live Nation signed long-term lease. Major institutional capital already deployed. | Brian McGowan (President, CY Company) | [BusinessWire](https://www.businesswire.com/news/home/20250514770693/en/Centennial-Yards-Selects-Live-Nation-to-Operate-Downtown-Atlantas-Newest-Iconic-Entertainment-Venue) |
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| **Raleigh Sports & Entertainment District** | Raleigh, NC | Pacific Elm Properties / Gale Force Sports & Entertainment | **$1B** / 80 acres | Phase 1 kicked off Dec 2025 | Phase 1: 200K SF entertainment/lifestyle retail, 150K SF office, 150-key hotel, 500+ apartments, 4,300-seat Live Nation venue, 600-ft tailgating promenade; 15-year timeline | **Private development** with Centennial Authority partnership (arena lease extension). Rezoning filed. | Brian Fork (CEO, Hurricanes Holdings); Philip Isley (Chairman, Centennial Authority) | [NHL.com](https://www.nhl.com/hurricanes/news/raleigh-sports-entertainment-district-unveils-first-look-at-mixed-use-development) |
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| **Salt Lake City Entertainment District** | Salt Lake City, UT | Smith Entertainment Group (SEG) / Live Nation | **$1.4B** (est.) | Active planning; 6,000-seat music venue announced Aug 2025 | Delta Center remodel ($525M) + district development ($375M from tax revenue); new 6,000-capacity indoor music venue (200 events/year); master architects selected Sep 2025 | **$900M from Capital City Revitalization Zone tax revenue** (public). $500M gap being addressed. SEG private investment. Live Nation as venue partner. | Ryan Smith (SEG); Live Nation | [KSL TV](https://ksltv.com/local-news/entertainment-district/821541/) |
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| **Staybolt Street Entertainment District** | Mansfield, TX | City of Mansfield / House of Tangram / REV Entertainment | **$2.5B** / 100 acres | Multiple phases; some elements opening late 2025 | Multi-sport professional stadium (REV Entertainment/FC Dallas affiliate), 30-acre sports park, 45K SF High 5 Mansfield FEC, 288-room Carbon Mansfield hotel, 33K SF convention center, retail, dining, housing | **Public-private partnership** — House of Tangram acquired 30 acres (Jul 2025). AI-powered hotel concept. Multiple private developers within master plan. | — | [Mansfield Gov](https://www.mansfieldtexas.gov/2153/Staybolt-Street-Entertainment-District) |
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| **The Development at Cadillac Square** | Detroit, MI | Bedrock LLC (Dan Gilbert) | Multi-hundred million (specific total TBD) | Groundbreaking Apr 2025; Cosm opening Fall 2026 | Cosm live sports video dome, retail, residential, entertainment; adjacent to Campus Martius Park. Phase 2 scheduled Oct 2026. | **Bedrock (Gilbert's RE arm)** is primary capital source. $14M in public Revitalization & Placemaking Grants for surrounding areas. | Jared Fleisher (CEO, Bedrock); Kofi Bonner (former CEO, Bedrock) | [Crain's Detroit](https://www.crainsdetroit.com/real-estate/bedrock-breaks-ground-cosm-project-downtown-detroit) |
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| **The Gallery** | Madison, MS | Bellamare Development | **$60M** / 70 acres | Approved & under construction (started Jun 2025) | Anchored by Spinners (120K SF indoor/outdoor FEC — bowling, skating, arcade); "Royal Street" New Orleans-style dining area; boutique retail, office space | **100% privately funded** — no public tax dollars. Mississippi-based developer. WBA Architecture and MP Design Group. | Mayor Mary Hawkins (Madison) | [Clarion Ledger](https://www.clarionledger.com/story/business/2025/04/22/madison-ms-entertainment-center-economy-boost/83120368007/) |
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| **Village at Gateway / Evo Entertainment** | Forney, TX | Forney Legacy Holdings LLC / Evo Entertainment | Part of 120-acre mixed-use (82K SF Evo venue) | Under construction (broke ground Dec 2025; opening Fall 2026) | Largest Evo in Texas — cinema, bowling, gaming, F&B; within larger development with Target, H-E-B, Home Depot anchors | **$4M city incentive** agreement. Privately developed. | — | [ConnectCRE](https://www.connectcre.com/stories/82k-sf-entertainment-venue-breaks-ground-in-forney/) |
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---
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## 📊 MARKET CONTEXT
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### Live Nation $1B Venue Investment Program
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- **Announced mid-2025**: $1B to build 18 new/revitalized live music venues across the U.S.
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- Many venues co-located with sports stadiums/arenas as part of mixed-use developments
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- 2025 capex: $900M–$1B
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- **Significance:** Live Nation is the anchor tenant for multiple projects on this list (Raleigh, SLC, Indianapolis, Centennial Yards). Their venue investment creates partnership opportunities.
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### Rockingham Grand Casino (New Hampshire)
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- **Developer:** Churchill Downs Inc. (CDI)
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- **Cost:** $180–200M
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- **Details:** 160K SF casino, 900-seat live entertainment venue, F&B; expanding from 19K SF existing facility to full casino in state's largest mall
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- **Status:** Planning board approved Dec 2025; announced Jan 2026
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- **Capital:** CDI is publicly traded (CHDN). Internal financing.
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### Portland Foreside
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- **Location:** Portland, ME
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- **Developer:** Foreside Development Company / JV partners
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- **Cost:** $600–700M next phase
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- **Details:** 10-acre waterfront mixed-use: 400 residential units, 128-room luxury hotel, 50K SF retail/entertainment, marina
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- **Status:** Planning board approved; under development
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- **Capital:** Not disclosed publicly. Multiple phases.
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---
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## 🎯 CAPITAL OPPORTUNITY SCORING
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### Tier 1 — ACTIVE CAPITAL NEEDS (Outreach Targets)
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1. **Forge Atlanta** — Webstar is a penny stock company actively seeking institutional loans, equity, and bond issuance for a $756M Phase 1. High risk but massive upside. Pursuing unconventional capital (tokenization, stock offering).
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2. **Ole Miss Vaught-Hemingway** — Open RFP seeking a full development partner. True ground-floor opportunity for a developer/investor team.
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3. **VENU Holdings** — Publicly traded, $1B shelf registration filed, actively raising capital for amphitheater development pipeline. Public market opportunity.
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4. **Ovation Orlando** — $1B project with $73M land acquired. JV between Accesso and Meyers Group. Likely significant equity gap for the remaining $900M+ build-out. Groundbreaking Q1 2026.
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### Tier 2 — POSSIBLE CAPITAL/PARTNER NEEDS (Worth Monitoring)
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5. **MidCity Huntsville** — $300M expansion within $2.2B district; P3 structure suggests capital partner opportunities.
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6. **Salt Lake City District** — $500M funding gap identified beyond $900M in public tax revenue. SEG may need partners for district elements.
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7. **Raleigh Sports & Entertainment District** — $1B, 15-year development. Phased approach suggests ongoing capital needs across phases.
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8. **Sphere National Harbor** — Early-stage intent; full capital structure not yet disclosed beyond $200M in incentives.
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### Tier 3 — WELL-CAPITALIZED (Monitor for Vendor/Service Opportunities)
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9. **Metropolitan Park NYC** — $8.1B, Cohen self-funded
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10. **Rams Village** — $10B, Kroenke self-funded
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11. **Centennial Yards** — $5B+, CIM Group institutional capital
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12. **Water Street Tampa** — $3B+, Vinik/SPP well-capitalized
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13. **Current Landing KC** — $1B, under construction, funded
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14. **KC Chiefs Stadium** — $3.3B, STAR bonds + team equity
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---
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## 🆕 NEW FINDS — February 2, 2026 Scan
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### 🔴 HIGH PRIORITY — Capital/Partner Opportunities
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| Project | Location | Developer | Est. Cost/Size | Stage | Key Details | Capital/Partner Status | Key People | Source |
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| **Project Marvel (Spurs Arena & Entertainment District)** | San Antonio, TX (Hemisfair area) | San Antonio Spurs / City of San Antonio | **$1.3B+** ($500M arena + $500M private development + $60M community) / 60+ acres | Land acquisition phase; $30M federal building purchase approved Jan 15, 2026; developer selection upcoming | New NBA arena (60-month build timeline), expanded convention center, mixed-use (apartments, restaurants, shops, offices, hotels), new Missions baseball stadium also in district | **ACTIVELY STRUCTURING FINANCING** — Spurs pledged $1B+; city pursuing bond funding for infrastructure; convention center hotel on pause pending utility relocation study. Developer to design arena + surrounding district not yet selected. Complex multi-party P3 structure with significant remaining capital needs. | Mayor Gina Ortiz Jones; Ben Gorzell (City CFO); Spurs ownership | [SA Report](https://sanantonioreport.org/marvel-2026-update-city-plan/) / [BizJournals](https://www.bizjournals.com/sanantonio/news/2026/01/08/spurs-federal-land-purchase.html) |
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| **FC Cincinnati Entertainment District** | Cincinnati, OH (West End) | FC Cincinnati / TBD entertainment venue operator | **$332M** / two 13-story towers | Final planning approval Nov 2025; $26M Ohio tax credit secured; **groundbreaking Spring 2026** | Tower 1: 167 apartments, office, 5 retail tenant spaces. Tower 2: 182-room boutique hotel (Davidson Hospitality operating), condos, 1,100-1,200 capacity underground entertainment venue (200-250 events/yr). Near TQL Stadium. 2,102 construction + 1,699 permanent jobs. | **SEEKING VENUE OPERATOR** — Entertainment venue will be partner-operated (not FCC). Hotel has operator (Davidson Hospitality) but no brand yet. $26M state tax credit suggests additional financing in play. Possible equity/debt gaps for $332M total. | Chad Munitz (CRO, FC Cincinnati); Davidson Hospitality Group | [WCPO](https://www.wcpo.com/news/local-news/fc-cincinnati-entertainment-district-development-receives-final-approval-from-commission-heres-whats-next) / [BizJournals](https://www.bizjournals.com/cincinnati/news/2025/11/21/fc-cincinnati-west-end-development-final-vote.html) |
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| **Six Flags Over Georgia Entertainment District** | Mableton, GA (adjacent to Six Flags) | Six Flags Entertainment / City of Mableton | TBD | Very early-stage discussions (Jan 2026) | Entertainment district adjacent to 290-acre Six Flags Over Georgia park. New businesses, restaurants. Mableton considering Tax Allocation Districts (TADs) to finance infrastructure. Six Flags parent posted $1.2B loss — motivation to monetize adjacent land. | **VERY EARLY STAGE — PARTNER/DEVELOPER OPPORTUNITY** — TAD being explored for financing. Six Flags needs capital partners given parent company losses. Ground-floor opportunity for a developer willing to co-invest. | Mableton Mayor; Artie Jones (Economic Dev Director, Mableton) | [BizJournals Atlanta](https://www.bizjournals.com/atlanta/news/2026/01/28/six-flags-over-georgia-mableton-district.html) |
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### 🟡 SIGNIFICANT — Recently Announced / Advancing
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| Project | Location | Developer | Est. Cost/Size | Stage | Key Details | Capital/Funding Status | Key People | Source |
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|---------|----------|-----------|---------------|-------|-------------|----------------------|------------|--------|
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| **Chicago Bears Arlington Heights District** | Arlington Heights, IL | Chicago Bears / McCaskey family | **$5B** ($2B stadium + $3B mixed-use district) / 326 acres | Legislative push; renderings released Oct 2025; seeking state infrastructure support | 100K-seat domed stadium, retail, restaurants, housing, hotel, tailgating plazas. 56,000 construction jobs. $10.9B one-time economic impact. $1.3B annual economic activity. | **Seeking state legislation** for infrastructure funding. Team claims 100% private funding for stadium ($2B) but needs public investment for roads, utilities, transit. $3B mixed-use district likely needs development partners. Massive multi-year opportunity. | Bears ownership (McCaskey family); Arlington Heights Mayor Tom Hayes; IL Legislature | [NBC Chicago](https://www.nbcchicago.com/news/local/we-cannot-fumble-this-opportunity-arlington-heights-mayors-plea-for-a-new-bears-stadium/3877211/) |
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| **Miami Freedom Park Entertainment District** | Miami, FL (131 acres) | Inter Miami CF ownership (Mas brothers, Beckham) | **$1B+** (est.) / 131 acres, 1M+ SF retail/entertainment/office + 750 hotel rooms | Phase 1 tenants announced Dec 2025; opening 2026 alongside stadium | 25,000-seat stadium, 58-acre public park, 500K SF Phase 1 retail/entertainment. First 125K SF leased: Fever (30K SF immersive experiences), PopStroke (75K SF Tiger Woods golf entertainment), Toroverde (24K SF adventure park). 750 hotel rooms across full build. | **Likely well-capitalized** (Mas brothers, Beckham). But 1M+ SF total retail/entertainment build-out across phases = potential JV/tenant/anchor investment opportunities. Phase 2 and 3 not yet announced. | Devon McCorkle (President, MFP); Jorge Mas; David Beckham | [Inter Miami](https://www.intermiamicf.com/news/miami-freedom-park-announces-first-125-000-square-feet-of-retail-for-entertainment-district-at-the-heart-of-transformative-new-development) |
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| **Four Mile District** | Glendale, CO (Denver metro) | Central Street Capital (Rob Salazar family office) | **$150M** / 10 acres | Phase 1 construction underway (infrastructure); Alamo Drafthouse opening late 2026/early 2027 | Walkable entertainment district: Alamo Drafthouse (40K SF, 9 screens), outdoor plazas, creekside promenade, beer garden, event stage/lawn. Open consumption district (Vegas-style). Future phases: hotels, additional retail, late-night dining. | **Family office funded** (Central Street Capital / healthcare entrepreneur Rob Salazar). Phase 1 in progress. Future phases may need capital partners for hotel and expanded retail components. | Rob Salazar (Central Street Capital) | [Naked Denver](https://www.nakeddenver.com/post/glendales-four-mile-district-a-150m-entertainment-revolution-unfolds) |
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| **NE Revolution Stadium District** | Everett, MA (Mystic River) | Kraft Group | **$500M+** (stadium) / 25,000 seats | $138M deals with Boston/Everett signed Jan 2, 2026; permitting phase | 25,000-seat MLS soccer stadium on Mystic River. $48M community benefits package to Boston (15 yrs). $90M+ to Everett (20 yrs). $13M Sullivan Square improvements. | **Privately funded** by Kraft Group. Limited capital opportunity — but vendor, design, and construction contract opportunities on a $500M+ build. | Robert Kraft (Kraft Group) | [Bisnow](https://www.bisnow.com/boston/news/hospitality-entertainment/boston-everett-officials-reach-138m-deal-for-new-soccer-stadium-132537) |
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*Report compiled from public sources. Capital status assessments are analytical inferences — verify directly with principals before outreach.*
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