Arctos Partners, the sports-focused investment platform acquired by KKR earlier this year, has partnered with RVX Ventures and Magellan Development Group to develop mixed-use entertainment districts adjacent to sports venues, according to a report by Bloomberg, beginning with a $288m project at the University of Tennessee.
The consortium’s first development will sit alongside the university’s Neyland Stadium and include a 24-storey hotel, residential units, a private club and approximately 100,0...
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