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Friday, November 2, 2007

Jets-Patriots Rivalry Continues Outside the Stadium



Jets-Patriots Rivalry Continues Outside the Stadium.
AFC East division teams, the New York Jets and New England Patriots, are continuing their rivalry off the field, as personified through new mixed-use, retail / entertainment developments being constructed adjacent to their respective stadiums. Patriot Place weighs in at 1.3 million square feet, but The Meadowlands Xanadu could stomp the competition with its 2.7-million-square-foot plans. These major mixed-use developments incorporating a major entertainment element are all the rage these days. For insight and commentary on this market trend, CoStar asked Jonathan Cordish, vice president of the leading sports-anchored retail/entertainment destination developer, The Cordish Co., to weigh in on the fundamentals behind -- and the results expected from -- creating a successful sports-anchored retail/entertainment destination.