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. The arena plan calls for groundbreaking in 2021 on 43 acres of unincorporated land near Palm Desert, between Interstate 10 and the Classic Club golf course. Planned Palm Springs arena is moving to mid-valley; Agua Caliente tribe no longer involved. Seven-game Homestand Starts This Weekend Were committed to playing hockey next year, said Leiweke, whose company has partnered with Live Nation Entertainment and the H.N. Through it all, though, OVG has remained steadfast in its plans to bring a new entertainment arena to the valley. He is also confident that the arena will be large enough to bring in music acts that are in town between Coachella or Stagecoach weekends or on their way from Los Angeles to Phoenix, or vice versa. Itbasically reflects downtown gridlock traffic. More: Price ranges for season tickets, suites set as Coachella Valley hockey arena moves toward approval. Acrisure Arena, located in Thousand Palms, California, and the future home of the Coachella Valley Firebirds, is projected to open for the 2022-2023 American Hockey League (AHL) season and host more than 150 major events annually. Bringing the Gravel & Gold Tour with special guests Jordan Davis and Caylee Hammack on Saturday, August 19! by Craige Campbell / TodaysCalifornia.com, Acrisure Arena to be Southern Californias Next World-Class Entertainment and Sports Venue & Future Home of the Coachella Valley Firebirds. Accounts Payable Coordinator| Acrisure Arena Job in Palm Desert, CA Rendering of the New Coachella Valley Arena expected completion for this $300 Million Project is October 2022. . Oneida County's Destination Sports Complex Rebranded as Utica We will have more details coming up at 10 and 11 p.m. tonight on KESQ. Located in Southern California's Coachella Valley, Acrisure Arena in Thousand . Financial technology company Acrisure has acquired naming rights to the under-construction Coachella Valley Arena in Palm Springs, California. 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. On Friday, officials from the Oak View Group, which owns Acrisure Arena, announced a joint $1 million donation with the Coachella Valley Firebirds and their parent NHL club, the Seattle Kraken. Andrew John covers sports for The Desert Sun and the USA TODAY Network. A SunLine bus route stops nearWashington Street at I-10, in Bermuda Dunes, about four miles from the arena site. The plan, Bates said,will bedeveloped by Riverside County in coordination with local jurisdictions and communities in the area, which wouldhave the opportunity to provide input into what is needed to prevent congestion in the area. It Happens To Boys Conference in Indio starts at 8:30 am but runs until 5 pm, Friday, March 3rd, 2023, at ABC Recovery in Indio, hosted by Creative Change. At the request of The Desert Sun, Bob Pishue, a senior analyst at Inrix, a transportation analytics firm, reviewed The Mobility Group's studyand analyzed the area and the traffic volume expected with an arena hosting around 160 events each year. Enjoy music from the Bakersfield Worship Project as part of Faith & Fun Night presented by 88.3 LIFE FM. [8][9] By September 2020, OVG's negotiations with the tribe had come to a halt and the agreement was ended. Acrisure, a financial technology company, paid an undisclosed sum for 10 years of naming rights. 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? The company is also building a minor league hockey and entertainment arena in Savannah, Georgia, and is nearing the completion of UBS Arena on Long Island, New York, adjacent to Belmont Park. Morning Forecast PALM DESERT, Calif. - On Wednesday Oak View Group, a global development company, announced its partnership with The H.N. Lineup. This is a unique project, said Norvell, whose team is based in Kansas City. Actor and Longhorns superfan Matthew McConaughey is a partner in the $338 million project. If you would like to share a story idea, please submit it here. The Cook Street I-10 interchange will cause backups onto the 10.. FirstBank is Now Official Bank of Acrisure Arena & the Coachella Valley Sunny skies 350-days a year is only the beginning of uncovering the magic that is the Greater Palm Springs area. [3] 10,000 Fan, $277M Coachella Valley Arena breaks ground a month earlyExpected 2022 completion! This project is being called the Coachella valley arena and is on an ambitious timeline of 18 months to be completed. See Tickets. Robert Norvell is the principal architect from the Oak View Group and explains the size the arena will take up in the area. Four driveways are plannedto get in and out of the arena site, all off of Varner Road, which runs from Cook to Washington Street, parallel to I-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. $300 Million, 10,000+ seat Coachella Valley Arena Officially Breaks Over the life of the project, it will have about a $2.5 billion-dollar impact on the. 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. Coachella Valley -Cabazon Dinosaurs, Claude K. Bell, 1960s Mr. Bell spent more than two, Remembering Spring Break 1989 byinthemix2006yo I filmed this footage during Spring Break, If you live in the Coachella Valley you should learn how to handle a, The Hike to Palm Desert Cross. Designers took inspiration for the interior from older, mid-century Palm Springs. All of us are thinking through how we ultimately put the Coachella Valley further on the map as toartists wanting to come down there to create music.". Giveaway: MILITARY COIN. Coachella Valley Arena Will Change Landscape of Local Concerts, Events As we enter the construction phase of the project, we will see the creation of nearly 1,400 jobs and more than . and Frances C. Berger Foundation to build the 10,000-seat arena on . We appreciate the ongoing support and encouragement from the community and are very pleased to be partnering with the Berger Foundation who share our vision for creating a world-class venue for the Coachella Valley and what will be one of the most premier music and professional sports arenas in the world.". "The valley deserves it," Azoff said. New donations from Palm Springs fashion designer Trina Turk and the group that owns Acrisure Arena were announced, meaning the fundraising effort is now about $2.3 million short of its $16 million goal. Pishue, the traffic analyst at Inrix, agreedthat I-10 should be able to manage the volume. There wont be a bad seat in the house, Norvell said. We are #TheCoolestSpot in the desert, designed specifically for hockey and made for concerts, Acrisure Arena provides top-tier hospitality, artist amenities, and all of the benefits of a modern music and sports venue to the Coachella Valley. The Solution Coachella Valley Association of Governments (CVAG) 50161 San Solano Rd, Coachella, CA 92236 | Estately | MLS# 219091607 OVG plans to host professional hockey, boxing, UFC, NCAA Tournament games, NBA and NHL training camps and pre-season games, in addition to recording artists that will sell out the arena. Coachella Valley Arena To Open Late 2022 | PalmSprings.com A quick getaway or a months long retreat, the nine cities that make up the Coachella Valley are active, engaged, and ready to entertain. Everythings not rosy, but it doesnt appear that its egregiously bad, Pishue said. The 10,000+ seat Coachella Valley Arena (Acrisure Arena) is set to open in late 2022 near Palm Springs. [10], On September 16, 2020, the Oak View Group and H.N. You can review our Community Guidelines by clicking here. Michael Bates, who runs The Mobility Group, conducted thestudy for OVG on traffic relating to the arena project. Even so, it will still be an unusually quick build, even in an area where inclement weather will likely not delayconstruction. And we will come.". The team wanted afinished product that was truly special. and Frances C. Berger Foundation, a partner in the project. Since then, a partnership with the Agua Caliente Band of Cahuilla Indians and plans for a downtown Palm Springs arena have fallen through, and a global pandemic has caused delays. 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. Based in Grand Rapids, Mich., Acrisure is a rapidly growing leader in the financial services technology industry. The exterior space includes more than 3,000 parking spaces, a pedestrian promenade and desert landscaping with hundreds of palm trees. Visitors will enter the building on the main concourse, with the lower bowl sunk into the ground. Email him at andrew.john@desertsun.com. The arena, which will be the largest arena in the United Kingdom, is scheduled to open in September 2023. Shelby Nelson is a News Reporter for KESQ News Channel 3. He compared other arenas of similar size,looked at data and researched how traffic was affected in those areas. Firebirds season tickets PLUS access to purchase the very best concerts and family shows, all year long. The team is set to play its inaugural season in 2022-2023 at the Acrisure Arena. "It's earned it.". Snarled traffic like that is a rarity in the Coachella Valley. Andrew L. John, Palm Springs Desert Sun 6/1/2022. Tim Leiweke, chief executive of Oak View Group and leader of the arena project, added: "Acrisure Arena will be the crown jewel of the entire Coachella Valley and a major destination for the biggest . Now open, the brand new Acrisure Arena provides the greater Palm Springs area of Southern California with a premiere 11,000+ capacity venue hosting the biggest artists and acts on the planet. The privately funded arena will cost around $250 million, with another $40-50 million put into parking, land development and other exterior construction. The groundbreaking project for The Coachella Valley Arena is making progress on construction. Acrisure is the intelligence-driven financial services distribution platform of the future. Read more https://t.co/gi6juvT4P2 pic.twitter.com/sU2EJUo3jW, According to the Oak View Group, the new arena "will be the home of the Seattle Krakens American Hockey League (AHL) team and will include an adjoining facility that will serve as a year-round community gathering space and the training center for the AHL team.". A mobile-friendly website and potentially an app also are plannedto provide transportation information for help navigating the immediate area. And it starts with this arena.". Oak View Group's biggest project is its redevelopment of the former Key Arena in Seattle for the Kraken, the city's new NHL team. The arena series will focus on various aspects ofthe new sports and entertainment facility that will begin construction this spring, including design, construction and the various sports and music tenants. In its early years, it was used for various performances, along with film premieres and, later, radio programs that were often broadcast nationally. The financial terms of the agreement were not disclosed. More: The Seattle NHL team will be called the Kraken; what about its Palm Springs affiliate? She joined our team in September 2019. One month later, Oak View Group, a Los Angeles-based sports and entertainment company, announced a partnership with Live Nation to build an arena for sports and concerts in the Coachella Valley. Become a Supporter of the Independent! - Coachella Valley Independent New for 2022-2023: Acrisure Arena - Arena Digest This is the first stadium or arena sponsorship for Acrisure. Winter Storm Watch Winter Weather Advisory Palm Springs Now 50 Tonight 45 Lo Tomorrow 64 Hi 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. Located in Palm Desert, between the I-10 Freeway and the Classic Club golf course, the Coachella Valley Arena will feature concerts (11,679), basketball (10,815) and hockey (9,918). With a focus on prioritizing technology, sustainability, and green initiatives, the world-class arena will also be built for music and host the best and biggest names in the music industry on an annual basis. With outgoing traffic exiting the site from Varner Road to the nearby Cook and Washington Street exits, there wouldbe anoption to direct thattraffic equally rather than congesting one onramp to I-10. While there, AEG built the $2.5 billion LA Live Complex in downtown Los Angeles, in addition to other major sports and entertainment facilities. More: Planned Palm Springs arena is moving to mid-valley; Agua Caliente tribe no longer involved. The Condors start a seven-game homestand with two big games this weekend! 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. The project is expected to bring nearly $32 million to the Coachella Valley annually, along with $200 million during construction, according to projections by Oak View Group, the project sponsor. Hike to the Palm Desert Cross, Never Disappoints! Email him at andrew.john@desertsun.com. The team is an owned-and-operated affiliate of the Seattle Kraken, which began play during the 2021-22 National Hockey League season. There are amenities inside the arena that would allow for some residency type of entertainers, who could have several shows throughout the year,if that is something that OVG pursues. Contact Us About Us Privacy Policy Careers The company said the new location will be built on 43 acres of land, with more than 300,000 square feet. The arena site is planned on 43.35 acres of unincorporated land, withdevelopers aiming for completion in the fourth quarter of 2022. The $240 million sports and entertainment arena initially planned near downtown Palm Springs will be built instead north of Palm Desert in time for the 2022-23 American Hockey League season. The project aims for completion in the fourth quarter of 2022. The arena is projected to open in the last quarter of 2022. . 'Its great that the arena is going to be in the Coachella Valley, given COVID, given everything going on it wouldnt be surprising to see it being canceled entirely," Palm Springs Mayor Geoff Kors said. The arena will be more than 300,000 square feet and feature 11,500 seats, including modern suites and four premium hospitality clubs available only to 920 Premium Seats and Suite ticketholders. 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.