Creating Sports-Oriented Districts – Real Estate and Sports Event
2 Park Avenue
New York, NY
The New York metropolitan region is home to the greatest concentration of professional sports teams in the country with 14 teams, half of them in New York City. Major League Sports centers are typically seen as activity and economic generators for a new generation of “Sports-Oriented Districts.”
Herrick and the Urban Land Institute of New York (ULI) presented a panel discussion about these districts’ successes and long-term viability dependent on getting the precise mix of uses, critical mass and the right relationships to the community. Panelists gave insight to the challenges and opportunities these districts present for the teams, the city and the development community.