Development team Midway Rising is in talks to lease San Diego’s existing sports arena facility from the city while the group works through the particulars of remaking the entirety of the 48-acre site where the aging venue resides. AdvertisementProposed lease terms were not disclosed given ongoing talks, but the agreement will become a public record once it is finalized. Midway Rising will take the place of longtime arena operator ASM Global, a subsidiary of AEG, which has run the 57-year-old facility at 3500 Sports Arena Blvd. Last year, San Diego City Council members selected the Midway Rising development team to redo its property at 3220, 3240, 3250 and 3500 Sports Arena Blvd. The San Diego Gulls hockey team, San Diego Seals lacrosse team and San Diego Sockers indoor soccer team are current tenants at the arena.

Source: thestar June 13, 2023 23:15 UTC