{"id":2223893,"date":"2026-01-06T06:42:03","date_gmt":"2026-01-06T06:42:03","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2223893"},"modified":"2026-01-06T06:42:03","modified_gmt":"2026-01-06T06:42:03","slug":"rancho-cordova-approves-940000-subsidy-for-proposed-sports-and-entertainment-arena","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/rancho-cordova-approves-940000-subsidy-for-proposed-sports-and-entertainment-arena\/","title":{"rendered":"Rancho Cordova approves $940,000 subsidy for proposed sports and entertainment arena"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p>The City of Rancho Cordova is moving one step closer to getting <span class=\"link\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cbsnews.com\/sacramento\/news\/rancho-cordova-plans-new-arena-ai-hub-state-of-the-city\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">a new sports and entertainment arena.<\/a><\/span><\/p>\n<p>Monday evening, city leaders approved a $940,000 subsidy to offset the development fees that would otherwise need to be paid by the developer of the project, which would be the home to a new indoor professional soccer league.<\/p>\n<p>&#8220;The opportunity to have a sports arena district with hotels and retail is something we really believe our community is looking for,&#8221; said Amanda Norton, the City of Rancho Cordova&#8217;s economic development director.<\/p>\n<p>Last September, developers announced they wanted to build a new 7,500-seat sports and entertainment arena on vacant land partially owned by the city.<\/p>\n<p>The venue would be designed to host a new indoor soccer league, along with concerts and other events.<\/p>\n<p>&#8220;It&#8217;s exciting because our community has always needed this,&#8221; said Josh Wood, CEO of Kozpure Development, LLC.<\/p>\n<p>The money comes from the city&#8217;s general fund.<\/p>\n<p>&#8220;Those fees are for specific city staff as well as consultants to be able to do the work in reviewing the permits and processes as they come in,&#8221; Norton said.<\/p>\n<p>The arena proposal, which has been named &#8220;Dova,&#8221; would also include hotels, restaurants and housing.<\/p>\n<p>Developers say it will create 70 full-time jobs and help boost the city&#8217;s sales tax revenue. But approving this nearly million-dollar subsidy does not guarantee the project will be built.<\/p>\n<p>&#8220;With any project, there&#8217;s always some risk involved,&#8221; Norton said. &#8220;However, this is a monumental project for the city. We&#8217;re really excited for it.&#8221;<\/p>\n<p>Developers say they have investors lined up to pay the estimated $175 million construction costs, and they&#8217;re on track to break ground this spring.<\/p>\n<p>&#8220;If it was easy, everyone would do it,&#8221; Wood said. &#8220;We have built what I think is the best team and the best plan in order to make it happen, and we&#8217;re really confident that it&#8217;s going to move forward great.&#8221;<\/p>\n<p>The next step is to get approval of the arena designs from the planning commission, which is scheduled for February or early March.<\/p>\n<section class=\"content__body--footer\">\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<\/section>\n<\/section><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.cbsnews.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The City of Rancho Cordova is moving one step closer to getting a new sports and entertainment arena. Monday evening, city leaders approved a $940,000 subsidy to offset the development fees that would otherwise need to be paid by the developer of the project, which would be the home to a new indoor professional soccer [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2223894,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[413379],"class_list":["post-2223893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-rancho-cordova"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/01\/Rancho-Cordova-approves-940000-subsidy-for-proposed-sports-and-entertainment.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2223893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2223893"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2223893\/revisions"}],"predecessor-version":[{"id":2223895,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2223893\/revisions\/2223895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2223894"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2223893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2223893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2223893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}