[Feigen] Fertitta scouting for new practice facility/entertainment complex

Hopefully, he's also fixing the jerseys and empty arena on camera issues.

 

Yeah we could use it. They built LA Live in front of the Staples Center and it revitalized downtown LA. A similar shopping and entertainment district with the Toyota center at the centerpiece would be nice.

 

Yea Downtown LA is way better now. lots of things to go around and the streets are safer now or they just look better and better lit.

 

My bet his they will practice behind a one-way, glass wall at his new Space Jam theme restaurant.

J/K sounds like a first move to get a hockey team into TC. They will be sharing it more, so need another place to practice.

What does he mean Entertainment Complex, and that they are scouting venues? This would be awesome if next to TC, as could solve the early arrival problem, like the area around Am Airlines arena in Dallas. But if the venue is moved, let's hope it isn't a distraction for the players, JVG and Pops wouldn't like to move just to help the team make more money opening a hotel outside of downtown, vs practicing in TC....

And what's up with his first idea to improve the Player Lounge and kitchen, if they are moving? Must be about Hockey cramping TC like Staples gets cramped, imo, or to make a better area next door.

 

There are much better ways for Billionaires to throw money down a toilet than hockey in Houston, TX.

I wonder what properties, if any, the Rockets own around the TC. Maybe just moving the practice facility and turning it into some bars and restaurants if what is being considered as a Entertainment Complex. Otherwise, if he's going big than hotel/residential on top of bars and restaurants as there are plenty of surface lots in the vicinity to put something on.

 

Maybe something on the other side of the park? That would certainly make things more cohesive in this part of downtown with that Green Street property remodeled nearby.

 

well, I'm not guessing here. There is continued talk by Fertitta looking into this.

And what makes you think it's throwing money down the toilet, necessarily. wrt his new purchase of the Rockets, he has essentially two new businesses now: 1) The Rockets and 2) the TC Operations. The TC Operations net income will always increase with more days of events. That's the whole point of a stadium, and why Les originally researched hockey. It got tabled, but is now on the front burner of business research for Tilman. He has said that.

point of history: The NBA started because ppl owned stadiums and were looking for events to fill them with. Most (if not all) original NBA owners also owned the stadiums. That biz strategy that drove the infancy of NHL and NBA has not died. The owners of stadiums still think that way -- Sports and Entertainment events -- and Tilman is one of the lucky NBA Owners who is essentially a Stadium Owner with that great lease he has to profit off of operations.

 

I thought Tillman was already in financial trouble?!

 

why I love him as a owner, he loves land real estate, establishments, he will have all kind of stuff going eventually....... look at his portfolio of what he's done so far

 

What’s the name of this project?

 

So when is the Toyota Center going to become "Landry's Center" ?

 

Doesn't look to me like a downtown facility/entertainment venue is the most likely scenario here.

 

Actually gonna change it to The Beardwalk. For subtle cross promotion

 

if Tilman wants to chose a site in Sugar Land then I co-sign 1000%...downtown is cool too I guess due to proximity to TC

 

I think he wants to improve the TC more than just build a whole new arena but he needs land to make improvements bc as it stands TC is so limited in land that you can't make improvements to it when it comes to making it bigger. Therefore, he wants to maybe remove that super small practice facility to maybe make a bigger players lounge or a bigger workout facility. So than he wants to build around or relocate the players practice court in Katy, Sugarland, etc. so that he can make it bigger and better but he only wants to relocate it if he can't purchase land around TC.

 

Can't remember the name but it's a multi family development by Camden, one of the largest apartment developers in the country and headquartered here in Houston. It's a two phase development that includes a second tower on an adjacent tract. I'm fairly certain they announced they'd be starting phase 1 pictured above in the very near future.

 

I live in Kemah so I vote kemah