Morning Forecast Palm Springs, CA (January 26, 2022)Oak View Group (OVG), the global venue development, advisory, and investment company for both the sports and live entertainment industries, today announced an exclusive 10-year arena naming rights agreement with fintech leader Acrisure for Southern Californias most anticipated live entertainment and sports venue. Limited number available get yours today! A lot of the construction so far has been done below the foundation but more progress is expected to be made in the upcoming months. Here is a look at the project and how the Palm Springs Plaza Theatre Foundation intends to raise the rest of the money for the project. Of particular note, Pishue pointed to the intersection study that predictedeight surrounding intersections prior to events will be at "level service F,"which is a forced breakdown of traffic flow, when a vehicle moves in lockstep with the vehicle in front of it. The building also will feature 20 suites that can seat 20 people in each, a private club that can hold 145, a pair of VIP clubs that can comfortably fit 80 in each, and a premium concourse club that seats 590. Doug Vance of the Berger Foundation said Wednesday that the foundationentertained more than two dozen development offers over the years, "but no one had what these peopleoffered, and one of those very important things is money.". Itbasically reflects downtown gridlock traffic. 50161 San Solano Rd, Coachella, CA 92236 is a 6 bed, 6 bath, 3,053 sqft house now for sale at $854,899. The Coachella Valley Arena will be a state-of-the-art facility that will host concerts and entertainment events, as well as serve as the home of an AHL hockey team, the affiliate for the NHL's newest team, the Seattle Kraken. Oak View Group plans to build the 300,000-square-foot, The Oak View Group (OVG) and Berger Foundation officially broke ground on the highly anticipated 10,000+ seat, 300,000 square foot arena in. The group projects that the project will bring about 220 construction jobs. Acrisure Arena has paid a special tribute to the legendary rock band, the Eagles. Breaking News Please keep your comments respectful and relevant. There wont be a bad seat in the house, Norvell said. In just over eight years, the company has grown its revenue from $38 million to over $3.3 billion and currently maintains locations in nine countries. Andrew John covers sports for The Desert Sun and the USA TODAY Network. In many cases, architects willcollaborate with builders on the design throughout the build. Two years ago, following the first weekend of the Coachella Valley Music and Arts Festival, traffic on westbound Interstate 10 backed up for miles. There is not currently an option for public transit to the arena, though that could change in the future. Your California Privacy Rights/Privacy Policy. Find out more at www.acrisure.com. The Desert Sun partnered with Oak View Group, the company behind the soon-to-be-built Coachella valley sports and entertainment arena to disclose never before renderings in a virtual event. - Acrisure Arena to be Southern California's Next World-Class Entertainment and Sports Venue & Future Home of the Coachella Valley Firebirds. Youve got Coachella Valley, youve got Palm Springs, youve got the influence of the Agua Caliente tribe, so youve got a lot to draw from.. Plans for the project have been submitted to the city for approval and there are plans to begin soliciting bids in April for construction companies, Roberts said. Snarled traffic like that is a rarity in the Coachella Valley. Rendering of the New Coachella Valley Arena expected completion for this $300 Million Project is October 2022. . Americas hottest music festival destination finally has the world-class arena it deserves. See Tickets. Were proud to work with Oak View Group and the Berger Foundation on what will no doubt be an amazing venue. Terms of Service | Privacy Policy | Community Guidelines, EEO Report | FCC Applications | Do Not Sell My Personal Information, Daily News Headlines With all of the studies weve done, Bates said, weve found that with the measures that Ive talked about, the freeway has the capacity to handle the traffic and secondaryroadways have the capacity to handle the traffic.. Coachella Valley Firebirds vs. Henderson Silver Knights. We have a name for the new Palm Springs arena opening up in December 2022 as home of the Coachella Valley Firebirds (AHL): Acrisure Arena. The Acrisure Arena is an oasis for Artists and Musicians to quench their spiritual needs surrounded by the millions of stars that fill our desert sky. Your California Privacy Rights/Privacy Policy. Construction on the arena is expected to be visible from Interstate 10 in September. The informational webinar series featured the architectural team behind the design of the area, describing what sports and music fans can expect. We also have the ability to do basketball events, were sitting around 10,815 seats for that.. . The Palm Springs Plaza Theatre Foundation announced that Oak View Group (OVG), the owners and operators of Acrisure Arena, Southern California's newest 11,000-capacity world-class venue in Greater Palm Springs and the Coachella Valley Firebirds, the AHL's 32 nd franchise and the affiliate of the Seattle Kraken, have become a new community partner The general parking lot wouldinclude a covered, lighted promenade leading from the lot to the arena. All rights reserved. today 1.3.2023 klo 0.00. schedule 60min. Follow him on Twitter at @albaniburgiop and via email at paul.albani-burgio@desertsun.com. One takeaway from Bates' study was that with all events happening in the evening hours or weekends, just 20% of event traffic wouldoccur during weekday afternoon peak hours between 4 and 6 p.m. Events wouldtypically begin no earlier than 7 p.m. all hockey games would start then and finish around 9:30 or 10 p.m. Other sporting events would be held in theeveningor on weekends. It is the home arena for the American Hockey League 's Coachella Valley Firebirds. The Cook Street I-10 interchange will cause backups onto the 10.. and Frances C. Berger Foundation to build a sports and entertainment arena on a private stretch of land at I-10 and Cook Street near Palm Desert. Leiweke said he hopes to host a number of events there, from family skating nights to figure skating events to NHL or NBA preseason training camps. Located along Palm Canyon Drive south of Tahquitz Canyon Way, the downtown theater was built in 1936. The arena also will include 20 suites, a private club that can hold 145, a pair of VIP clubs and a premium concourse club that seats 590. 2023 www.desertsun.com. The Coachella Valley Firebirds are a professional ice hockey expansion team based in Thousand Palms, California, that began play in the 2022-23 American Hockey League (AHL) season. Those plans will be announced soon. OVG CEO Tim Leiweke relied upon a feasibility study on the future of sports events and tourism in the Coachella Valley, independently authored by Coachella Sports & Entertainment Stadium Authority and the non-profit SoCal Coyotes Sports Leadership Organization, as proof of the viability for a multi-purpose venue in Palm Springs. All rights reserved. Check out the first installment Monday at desertsun.com with The Desert Suns Andrew John and Robert Norvell, architect and principal with Populous, the architect of record for the new Coachella Valley Arena. When you walk in you will know immediately, and then you walk down into your seats, if you have seats in the lower bowl, and so really upon entry you are already feeling as though you are apart of the game or the concert.. It has been adamant that it will do just that when it opens its new arena in theCoachella Valley, which is one of eight venues OVG is building around the globe at a price of close to $5 billion spent as development around the world has slowed due to the pandemic. Actor and Longhorns superfan Matthew McConaughey is a partner in the $338 million project. Indoor arena near Palm Desert, California, "Design for $250 million Coachella Valley sports, entertainment arena will include features unique to the desert", "Acrisure and Oak View Group Announce 10-year Naming Rights for Coachella Valley Arena", "NHL Seattle chooses Palm Springs as site for new AHL farm team", "Hockey in Palm Springs? One out of every three cars would exit off of Washington Street. The arena, slated to be completed by. Severe Weather Once the arena opens, they expect to have about 350 open positions to fill. The AHL Firebirds, owned jointly by Oak View Group and the Seattle Kraken ownership group, takes its inspiration as a spiritual descendant of the Kraken a creature born of myth and legend where the Kraken is hidden in the deep dark ocean below, the Firebird rises out of the flames of the desert to soar high above. Arena developers say they also plan to have traffic control officers at the four intersections entering and exiting the site, temporary lane reassignments to create turning lanes off Varner Road and temporary signal timing changes at the traffic lights adjacent to the arena. EDITORS NOTE:The Desert Sun is partnering with Oak View Group for an informational webinar series called "Valley Arena Project." The proposed sports and entertainment arena is expected to bring nearly $32 million to the Coachella Valley annually, along with $200 million during construction, according to projections released by the project sponsor. The company said the new location will be built on 43 acres of land, with more than 300,000 square feet. . The arena is a $277 million project expected to be completed in 18 months. A. Another Palm Desert resident, Jim Weber, is not as concerned about I-10 as he is about increased traffic on Varner Road, which he said was not designed to handle the kind of volume expected. It really is a cool story for this arena, its a 10,000 seat arena, its midsize, its located just between Phoenix, LA, San Diego, so its really this confluence of all these different megacities. It was first rumored that the Palm Springs area could be the home of a new American Hockey League team in May 2019. The Acrisure Arena is a $300+ million project that is being 100% privately funded through outstanding partners Oak View Group, Live Nation, and the NHL Seattle. 1 - Lady Gaga - Secret World. [3] The transportation study found that parking for 3,000 cars would be sufficient for 80% to 84% of all events at the arena becausesome people attending events will carpool or come via Uber or Lyft. Paul Tollett, the president and chief executive of Goldenvoice, philanthropist Harold Matzner,former Palm Springs mayor Robert Moon, Riverside County Supervisor V. Manuel Perez, Bad Company frontmanPaul Rodgers and Rock and Roll Hall of Famer Joe Walsh of the Eagles also were in attendance. It has waited for the right project to come along to use the land next to the golf course. Get yours before theyre gone. After 24 months of anticipation and discussion, shovels went into the ground Wednesday to begin construction ona $250 million, 300,000-square foot arena on unincorporated land near Palm Desert that is expected to attract professional sports and star entertainment. The privately funded arena will cost around $250 million, with another $40-50 million put into parking, land development and other exterior construction.