As Business Report writes in its latest issue, three major projects are poised to transform the entertainment and sports landscape in Baton Rouge.
Plans to develop a new $400 million arena on LSU’s campus are moving forward as expected.
A pool of six potential developers has been narrowed to a single finalist for the arena, which would host sporting events for LSU as well as entertainment and music events for the Capital Region. The Tiger Athletic Foundation is currently in the process of evaluating a proposal from that finalist.
A plan to reposition the River Center as a convention center and construct a complementary headquarters hotel is also moving forward. Baton Rouge is one of the largest cities in the country to lack a full-fledged convention center.
As with the LSU arena project, the River Center’s repositioning is still in a preliminary planning phase.
The Memorial Park complex is also set to undergo a major face-lift. The 44-acre site is currently home to Goldsby Baseball Field and Memorial Stadium, both of which will be subject to significant renovations. A new 110,000-square-foot, state-of-the-art sports and recreation facility also seems to be in the cards.
Read the full article, and send comments to editor@businessreport.com.