#TDS24 Preview: Seregh – Transforming stadium real estate
We look forward to welcoming Jonathan Fascitelli, the Founder and Chairman of Seregh, for an exclusive fireside Q&A on Day 2 of #TDS24! We’ll tap into his deep expertise and groundbreaking approach to revolutionising sports and entertainment real estate.
Seregh – pronounced “Surge” – is making waves as a premier platform for developing vibrant, community-centred environments around iconic stadiums and arenas. Backed by influential partners like Harris Blitzer Sports & Entertainment (HBSE) and Creative Artists Agency (CAA), Seregh reimagines what stadium-anchored developments can be: economic engines, cultural touchpoints, and vibrant spaces operating 24/7/365 for surrounding neighbourhoods through:
- Scale: Seregh sees an opportunity to develop $1 to $3 billion of mixed-use properties located near venues, with a focus on experiential retail, residential, office and hotel assets. The firm is seeking to develop projects worth a combined $100 billion over the next 15 years.
- Opportunity set: By Fascitelli’s count, more than 30 US teams are currently weighing renovation, relocation or new-build options across the 5 US major leagues, and more if you add women’s, collegiate and international opportunities.
- Fundraising: Seregh has capital from its strategic investors, including the ownership group behind the 76ers & Devils and CAA.
- Expertise: Seregh has assembled a Board and Investment Committee of sports and real estate industry leaders, including Kevin Demoff (Kroenke Sports & Entertainment), Amy Latimer (Delware North), Mike Levine (CAA Sports), Joe Cohen (MSG Sports), Mitchell Schear (Former JBG Smith) and Ric Clark (Former Brookfield).
Revolutionising stadium-anchored real estate
At Seregh, Fascitelli has harnessed his years of experience to lead a new development model that emphasises the potential of stadiums and arenas as anchors for community revitalisation. His projects reflect a unique approach: transforming traditional sports venues into catalysts for economic growth and neighbourhood reinvention. This strategy goes beyond the stadium itself, integrating mixed-use developments that bring energy and purpose to the surrounding community.
The commitment to transforming stadium districts into hubs for retail, dining, office spaces, and public venues sets Seregh apart. With his background as former CEO of Harris Blitzer Sports & Entertainment Real Estate, Fascitelli led several landmark projects, including the Philadelphia 76ers’ proposed $1.5 billion arena in downtown Philadelphia. This endeavour is emblematic of Seregh’s mission to create spaces that seamlessly blend sports, commerce, and community engagement.
A broad impact on sports and community real estate
Fascitelli’s vision also extends into high-profile partnerships and acquisitions, including his instrumental role in the acquisition of the Washington Commanders and collaboration with both the New Jersey Devils and the Cleveland Guardians. His strategic influence is evident through his leadership and collaborations with notable firms, which have enabled him to drive transformative projects beyond the sports world, adding depth to his real estate expertise.
Get access to Fascitelli’s insights at #TDS24
Jonathan Fascitelli’s fireside chat at #TDS24 offers a unique opportunity to gain insight into Seregh’s groundbreaking work. His perspective on blending sports, real estate, and community impact will provide valuable lessons for stadium developers, urban planners, and sports industry executives who want to shape the future of stadium-anchored developments.
Join us at #TDS24 to hear directly from Jonathan and other sector leaders about the future of stadium design, exclusively at #TDS24 at Emirates Old Trafford, Manchester, on December 2-4.
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