Investment NewsTrading News

The US Open’s Arthur Ashe Stadium Is Getting an Overhaul as Piece of an $800 Million Mission

NEW YORK (AP) — The U.S. Open’s Arthur Ashe Stadium will catch an overhaul as segment of an $800 million project announced Monday that the U.S. Tennis Association is touting because the “largest single investment” in the history of its Huge Slam tournament.

The USTA acknowledged it’s a ways funding the enhancements at the Billie Jean King National Tennis Heart in Flushing Meadows, and not utilizing a relief from town authorities.

In step with a category-motion antitrust lawsuit filed in federal court docket in New York in March by a gamers’ neighborhood co-based mostly by Novak Djokovic, the four predominant tennis tournaments — the U.S. Open, Wimbledon, French Open and Australian Open — “generated over $1.5 billion collectively in 2024, while excellent paying between (10% to 20%) of revenue to gamers.”

Individually, in April, Djokovic, Jannik Sinner, Aryna Sabalenka and Coco Gauff had been amongst 20 leading tennis gamers who signed a letter despatched to the heads of the Huge Slam tournaments looking out for more prize cash and the next pronounce in what they called “selections that straight impact us.”

The USTA acknowledged there is possibly not interruption to scheduled play or fan catch admission to for the next two editions of the U.S. Open. Play in the principal map this year begins on Aug. 24 — keen to a Sunday originate for the principal time in the Open period, which began in 1968, and adding a 15th day of rivals.

The USTA’s work, which is anticipated to be done in time for the 2027 U.S. Open, entails setting up a $250 million participant efficiency middle.

The brand new participant device will most probably be next to the prepare courts and encompass extra courts, locker rooms, lounges and an commence-air warmup device so gamers be acclimated to the stipulations earlier than they creep to the court docket for his or her suits.

USTA executives didn’t pronounce if heed costs would magnify since the project.

Ashe’s courtside-level seating ability will magnify from 3,000 to 5,000, while some seats in other sections will most probably be eradicated, leaving the enviornment’s total same to what it’s a ways now — around 23,000 to 24,000, the excellent in Huge Slam tennis. The stadium, which first opened in 1997 and has had a retractable roof since 2016, also will catch a new “mountainous entrance,” two new luxurious suite ranges, more club and restaurant areas, greater and updated concourses and restrooms, and more escalators and elevators.

___

Copyright 2025 The Associated Press. All rights reserved. This enviornment materials would possibly possibly possibly possibly additionally fair not be printed, broadcast, rewritten or redistributed.

Photos You Would possibly maybe well well restful Search recordsdata from – Feb. 2025

Read Extra

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button