Sports Venues New Stars In Real Estate Development

By CHUCK GREEN Professional sports stadiums are an anchor for a growing number of real estate developments as teams capitalize on Americans’ desire for all-encompassing experiences. Based on a count from RCLCO Real Estate Consulting, between the National Football League, National Basketball Association, National Hockey League, Major League Baseball, and Major League Soccer, there are 43 venue-anchored real estate development projects on the ground, with seven more under construction. Another 34 are being considered. Last month, RCLCO announced the launch of a new proprietary Venue-Anchored Development Tracker for every major league stadium in the U.S. and Canada. Users can find information about existing, under construction, and planned venue-anchored developments. During a recent presentation, Vice President Alex Shaia talked about what’s…