Fenway Sports Group has partnered with Live Nation to explore the development of a new performing arts centre near Fenway Park, home of the Boston Red Sox Major League Baseball team.
The Fenway Theater has been proposed for construction on land adjacent to Fenway Park and behind the bleachers, commonly known as the Triangle Lot, located on the corner of Lansdowne and Ipswich Streets.
Formal design plans and development timelines for the arena are in process, but the facility would have a capacity of approximately 5,000. Discussions are currently being had with the City of Boston, its respective agencies and the local community.
Live Nation said the new space will have a range of uses and offer the opportunity to partner with local schools, colleges and other neighbourhood organisations. Live Nation will work with FSG’s real estate division, Fenway Sports Group Real Estate, on the project.
FSG chairman Tom Werner said: “The success of Fenway Park as a year-round venue has paved the way for this project, which will ensure the Lansdowne Street area remains a true entertainment district in Boston.
“To have an intimate, indoor performing arts space for smaller-scale events will allow for a wider array of uses throughout the year. We are fortunate to be working with one of the most talented executives in the music and entertainment industry through our collaboration with Don Law and Live Nation. We are grateful for his passion and partnership.”
The Fenway Theater will be owned by FSG and operated by a newly-formed joint venture, Fenway Music Company, a partnership between Fenway Sports Management and Crossroads Presents, one of Live Nation’s concert promotion and venue management companies. Fenway Music Company will be based in Boston and managed by Live Nation New England president Don Law.
“For a decade and half, we’ve enjoyed a successful partnership with the leadership team at Fenway Sports Group, and we are pleased to now expand on that relationship through this new venture,” Law said. “We look forward to making the Fenway Theater an essential stop for artists planning tours in the Boston area.”