I look forward to being briefed on BDC ‘s final negotiations and deal terms. “The project will catalyze the reopening of Baltimore’s tourism and hospitality market and reposition Baltimore as a destination for top-tier national events and live entertainment. “Today, I’m pleased to have given BDC the go ahead to enter into final and exclusive negotiations with OVG, which is an important key step toward realizing the long-awaited transformation of the iconic and historic Baltimore Arena into a world-class entertainment venue,” said Mayor Brandon M. See the view from your seat at Royal Farms Arena. List of sections at Royal Farms Arena, home of Baltimore Blast. The general contractor who will be handling the construction aspect says it will prioritize hiring city residents and providing different apprenticeship type programs. Royal Farms Arena, FLR-3 (1) Royal Farms Arena, FLR-4 (1) Royal Farms Arena, General Admission Floor. Oak View was one of three bidders interested in the overhaul project.īoth groups said they would maintain 45 percent minority and women-owned business throughout the renovation process and reserve at least 25 percent of project investment for minorities. "OVG has proven its reputation for innovation in the venue space, and we're looking forward to working with them to bring Baltimore Arena and a myriad sports and entertainment opportunities, to life in Baltimore." "We're thrilled that the Baltimore Development Corporation has selected our partners at Oak View Group for this groundbreaking renovation," said Durant and Kleiman. By clicking Send Me SMS Updates', I agree to receive recurring automated promotional text messages from Pearl Jam/Ten Club at the mobile number used when signing up. Under the proposal, Oak View would team with Thirty Five Ventures, founded by NBA star and Maryland Native Kevin Durant and Rich Kleiman, who would fully fund the estimated $150 million in renovation costs. Pearl Jam play at Royal Farms Arena, Baltimore. On Wednesday, the Baltimore Development Corporation and Los Angeles based Oak View Group began negotiations on a lease and management agreement for the city-owned arena. BALTIMORE (WJZ) - The plan to redevelop Royal Farms Arena in downtown Baltimore will go before the citys Board of Estimates for approval. BALTIMORE - The Royal Farms Arena may soon be undergoing major renovations.
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