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City staff update council on Midway Rising redevelopment, says EIR and financing analyses underway
Summary
City economic development staff updated the council on the Midway Rising Sports Arena redevelopment: a proposed 48.5-acre mixed-use project with roughly 4,250 homes (about 2,000 affordable), a modernized 16,000‑seat arena, park and retail. The city said the draft EIR and EIFD analysis are under review and the project remains on track for consideration later in the year.
City economic development staff delivered a quarterly update Jan. 27 on the Midway Rising redevelopment of the former Sports Arena site in the Midway District. The development team proposes roughly 4,250 housing units — approximately 2,000 offered at or below 80% area median income — a modernized 16,000-seat arena, an urban park and a cultural/retail district, city staff said.
Staff reported concurrent work on an enhanced infrastructure financing district (EIFD) analysis, an appraisal…
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