 | |
| Location | San Diego, California |
|---|---|
| Coordinates | 32°45′14.7″N 117°12′31.3″W / 32.754083°N 117.208694°W / 32.754083; -117.208694 |
| Owner | TBD |
| Capacity | 16,000 |
| Construction | |
| Construction cost | TBD |
| Architect | Safdie Rabines Architects |
| Tenants | |
| TBD | |
Midway Arena is a proposed indoor arena to be constructed in San Diego, California. The development proposal includes the 16,000 seat arena, housing units, a multi-acre urban park, and a mixed-use entertainment, arts, and cultural district.
History
In 2020, the City of San Diego proposed redeveloping the Midway area sports arena site, a 48.5 acre parcel. Four developers submitted bids and two were chosen to continue the process, with the winning bid belonging to Brookfield Properties. Plans were halted 10 months later when a state agency claimed the city was not in a position to dispose of the land and had not complied to state regulations.
San Diego restarted the application process in 2021 in accordance with state regulations. Seven applications were received, with five chosen to continue the application process, then further narrowed down to three. In 2022, the city chose the development team Midway Rising to redevelop the site. Midway Rising has a two-year window with San Diego to come to terms with the city, however the mayor has the ability extend the agreement for two one-year terms. Both parties can also walk away from the deal at any time.
On June 12, 2023, businessman Stan Kroenke, owner of multiple teams of the major professional sports leagues, joined Midway Rising as its majority investor.
References
- "Four developers submit competing proposals for San Diego sports arena site". Retrieved June 16, 2020.
- "Rival developers propose differing visions for sports arena area". Retrieved July 10, 2020.
- "San Diego mayor announces winning developer to build new Sports Arena". Retrieved August 29, 2020.
- "Development plans halted for former Sports Arena site". Retrieved March 29, 2021.
- "San Diego to restart process to redevelop Sports Arena site over California land law". Retrieved June 17, 2021.
- "San Diego accepting applications for Sports Arena development". Retrieved October 4, 2021.
- "San Diego eliminates 2 contenders in battle for sports arena site". Retrieved December 9, 2021.
- "San Diego shortlists three proposals for Sports Arena redevelopment". Retrieved May 24, 2022.
- "City Council Moves Forward with 'Midway Rising' for Sports Arena Redevelopment". Retrieved September 13, 2022.
- "City, developer finalize negotiation terms for sports arena site". Retrieved December 8, 2022.
- "Billionaire Stan Kroenke joins Midway Rising as majority investor in San Diego sports arena project". Retrieved June 12, 2023.