One of the development teams vying for San Diego’s sports arena property has drafted a highly rated venue operator to help make its downsized-arena vision even more compelling to city leaders. Monday, the Monarch Group-led development team, HomeTownSD, announced the addition of ASM Global, a premier entertainment venue manager and event producer. ASM, a subsidiary of AEG, currently runs Pechanga Arena San Diego and was previously attached to Brookfield Properties’ Discover Midway plan, which was eliminated from the competition in May. The addition of ASM to the HomeTownSD team introduces a new wrinkle in a competition where affordable housing has so far taken center stage. The due diligence is welcomed by HomeTownSD, as the team’s arena vision differs substantially from those pitched by the other groups.

Source: New York Times July 26, 2022 07:38 UTC