Other College Mixed-Use Development Projects Already in the Works, Being Considered
Cleveland State — CSU is working on a mixed-use development, including entertainment, housing and a parking garage, anchored by a new 5,000-plus-seat arena. The school is in the process of picking a development partner.
Iowa State — CYTown, the 40-acre stretch between Hilton Coliseum and Jack Trice Stadium, is the standard-bearer for mixed-use development adjacent to college sports facilities so far. It’s anchored by a medical center, which brings additional regular visitors to the site daily.
Kansas — KU’s $300 million refurbishment of David Booth Memorial Stadium includes a substantial mixed-use component called “Gateway District” that will include a conference center, dining, retail, office space and a hotel.
Missouri-Kansas City — UMKC’s RFP for a 5,000-seat arena-anchored campus and community destination near the soon-to-be extended Kansas City streetcar line returned higher cost estimates than expected. The school will reassess the project, starting with a spring 2024 feasibility study.
North Dakota — The University of North Dakota’s new Albrecht Field softball stadium is part of a new mixed-use development called Memorial Village that will combine residential and commercial opportunities and blur the boundaries between the university and the city of Grand Forks.
Oklahoma — OU, along with the city of Norman and a group of civic leaders, is proposing a mixed-use entertainment district anchored by a new 8,000-seat arena for Sooners basketball and gymnastics, about 7 miles from the school’s main campus. A tax increment financing district is part of the proposal to fund the project.
South Carolina — USC is looking to develop a huge expanse of land — potentially 900 acres — near the 77,000-seat Williams-Brice Stadium in an industrial part of Columbia that presents a nearly blank slate for development, rare for universities whose stadiums often sit amid crowded campuses.
Wake Forest — The ACC private school is looking to create a district between Allegacy Stadium and Lawrence Joel Coliseum. Winston-Salem, N.C.-based Front Street Capital and Atlanta-based real estate investment and development firm Carter are working with Wake Forest on the development of the university-owned land.
By: Bret McCormick, Sports Business Journal