Friday, January 15, 2010
The Core Arena Proposal
This concept is one of my favorites and turns what is now four blocks of a dying mall into an entrainment complex with a shopping mall wrapping it on three sides. I really like the rendering above of the arenas glass walls traveling up its wall opening it up to people on the street. The roof top gardens are also a special feature that would be unique that everyone could enjoy.
I believe the developer expects to spend around $500 million to build this all-around handsome center but something tells me it would be closer to $700 million after the land is bought from Westfield and demolition costs are included. I don’t remember hearing where financing would come from but that doe’s not mean it was not discussed during the busy night. If anybody can fill me in please post a comment.
This is the kind of facility that would really draw people to the area and I hope it can be pushed forward in the development process. The proposal was presented by Ali Mackani with the support of Lionakis and and The Makers Lab.
Both the pictures of core arena given in this post...looks damn beautiful and amazing.
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