News about outdoor recreation venues Archives

happy holidays from The Adventure Entertainment Cos.

Adventure Entertainment Cos. has new website.

The Adventure Entertainment Cos., an affiliate of StoneCreek Partners (“SCP”), has launched a new website at AEC Creative – in Beta form. Some of the client experience and specific projects that have been listed here along with SCP experience will be moved over to AEC Creative.

The Adventure Entertainment Cos. (AEC) is a conceptual design and project implementation company, focused on themed attractions, location-based entertainment, and outdoor recreation. AEC regularly collaborates with StoneCreek Partners during the project feasibility and conceptual design stages of client assignments, providing early “previsualization” of potential site organization, project massing and relative scale, and exploration of guest scripting and experience.

AEC has also established ventures with 3rd-party organizations for the operation of niche destination facilities in outdoor recreation (GoBOLD Adventures), creative campuses (Monumental Studios), and living stories (StagePlex). These new ventures are led by highly-experienced professionals in these industries, including Paul Bierman-Lytle, Justin Zoladz, and Robert “Bob” Johnson, among others. The purpose of Adventure Entertainment Cos. having a new website, is to prepare for more direct-to-consumer communications about these coming destination facilities. The Adventure Entertainment Cos. is committed to the creation of destination experiences for major project as well as smaller intra-regional locations, that combine the outdoor recreation, extreme sport, themed, and location-based entertainment industries.

New Adventure Recreation Company Launches

23.09.2021 Adventure Parks & Extreme Venues, all Adventure Entertainment Cos. News, all Real Estate Industry News, Economic Development Consultants, Golf course redevelopment and adaptive re-use, News about economic development, News about global real estate consulting, News about location-based entertainment, News about outdoor recreation venues, News about themed entertainment and attractions, Outdoor Recreation Facility Consultants, StoneCreek Partners News and Research, Tourism Destination Strategy Consultants

Sustainable Environment Associates (SEAS) and Adventure Entertainment Cos. have launched GoBOLD Adventures™, an adventure recreation design-builder, and operator. As the new adventure recreation company launches, GoBOLD is focused on new locations in several formats, from all-new destination facilities to augmentation of quality existing venues.

The convergence of these companies provides the comprehensive expertise in developing and operating adventure destinations. GoBOLD Adventures is comprised of international experts in multiple disciplines specializing in creating unique “bucket list” destinations. GoBOLD’s projects range from scenic natural destinations in the U.S., to national and regional parks, remote island resorts, and jungle or desert glamping.

The two companies each brings an extensive capability in outdoor recreation and facility operations. SEAS is associated with Pangaeon, through the leadership of international adventure recreation specialist, Paul Bierman-Lytle. The Adventure Entertainment Cos. LLC are an owned affiliate of StoneCreek Partners LLC. GoBOLD Adventures (GoBOLD Adventures.com) brings the development and facility management experiences of the two companies within one operating organization.

The GoBOLD Adventures website includes information about the company’s locations and career opportunities. As the new adventure recreation company launches, the company’s senior management intends a focus on expansion of the senior management and local rep teams for select global regions.

REI’s New Product Impact Standards

20.12.2020 Consumer Products Fresh Monitor, News about global real estate consulting, News about malls and shopping centers, News about outdoor recreation venues, News about tribal and first nation matters

REI’s new Product Impact Standards for 2021, now include diversity, equity, and inclusion requirements for companies wanting REI shelf space. The standards include the retailer’s core requirements as well as optional preferred attributes. REI is an American retail and outdoor recreation services corporation, organized as a consumers’ co-operative. The retailer sells sporting goods, camping gear, travel equipment, and clothing, as well as outdoor-oriented experiences, recreation activities, and courses.

Back in 2018, REI had originally devised its product standards to focus on ethical production practices and sustainability. As part of this update, REI has also added two new programs to its list of preferred attributes—a collection of voluntary business certifications that vendor brands are encouraged to pursue, such as for certifications for aspects of climate and environmental stewardship, chemicals management, and animal welfare.

REI’s product impact standards are part of the emerging interest among global investors to evaluate environmental, social and governance issues (so called ESG Investing) when investing and operating. REI’s dedication to sustainable and ethical production, diversity, equity, and inclusion are precisely what ESG Investing seeks to encourage.

According to an article by SNEWS, the outdoor recreation retailer consulted with brands of various sizes and product categories, as well as with more than a dozen DEI nonprofits, advocates, and ambassadors. The advice from such third-parties included feasibility considerations. SNEW is an outdoor industry publication of Pocket Outdoor Media Inc.

The full December 9, 2020 article by SNEWS is available at this link, along with with reference to the full document describing these REI standards: REI holds vendors accountable for climate and DEI practices with new product standards

Rep. Haaland Nominated to Lead Interior Dept.

Rep. Haaland Nominated for Interior Department

17.12.2020 Economic Development Growth Monitor, News about economic development, News about film studios and backlots, News about local government real estate, News about outdoor recreation venues, News about tribal and first nation matters, StoneCreek Partners News and Research

Rep. Haaland is nominated to lead the Interior Department. With Senate confirmation, Rep. Haaland will become the first Native American to serve as Cabinet secretary.

President-elect Joe Biden nominated Rep. Debra Haaland to helm the U.S. Department of the Interior, a federal agency forever linked with the history of Native Americans since the nation’s founding. The Albuquerque Journal has reported that Haaland’s nomination reflects Biden’s commitment to address the historical mistreatment of Native Americans including violations of treaty obligations.

The Interior Department administers roughly 500 million acres of public lands and plays a key policy role on tribal issues. In her role, Rep. Debra Haaland’s Interior Department will oversee two key tribal offices – the Bureau of Indian Affairs (“BIA”) and the Bureau of Indian Education. The U.S. Interior Department was first established in 1849, actually established after the BIA was first established in 1824 – the oldest agency within the Department of the Interior.

Rep. Haaland is a Laguna Pueblo member and is well-known for her leadership roles in tribal government, administration, and economic development programs and enterprises. Laguna Pueblo is a federally-recognized tribe of Native American Pueblo people situated to the west of metro Albuquerque, New Mexico. The Laguna Pueblo tribal reservation includes approximately 500,000 acres of land situated in Cibola, Valencia, Bernalillo and Sandoval counties.

A full article regarding U.S. Rep. Haaland being nominated to lead the Interior Department, is available at the Albuquerque Journal: Haaland gets historic Cabinet nomination

Rep. Haaland is Nominated to Lead the Interior Department

The U.S. Interior Department administers roughly 500 million acres of public lands, involving a myriad of environmental, energy, and public access issues and concerns.

Golf Courses Remain a Focus for Redevelopment

29.11.2020 News about economic development, News about global real estate consulting, News about outdoor recreation venues, News about redevelopment and regeneration, News About the Golf Industry, StoneCreek Partners News and Research

Golf courses remain a focus for redevelopment and repurposing as property owners explore greater highest-and-best use for their golf assets.

The interest in such redevelopment is straight-forward. Golf courses were overbuilt in the U.S. and in some global regions, and the 2008 recession decimated many golf owner’s financial resources. At the same time golf participation has steadily declined year over year, at least through 2019 (there is an exception in 2020 due to Covid-19). With this confluence of economic difficulties and ever-changing consumer preferences for their leisure-time activities, in many instances golf course assets offered a tantalizing opportunity for adaptive re-use and repurposing. For many cities and communities with increasing interest in local economic development and specific agendas such as affordable (if not more inclusionary) housing, these golf assets are particularly ripe for highest-and-best-use consideration.

The mega project proposed by Hines for Riverwalk Golf Course in San Diego, will likely spur even greater interest in golf course redevelopment. Golf courses are often situated within attractive residential communities, with reasonable roadway access and ingress/egress for feasible re-purposing as residential projects. Hines found such an opportunity with the Riverwalk site in a decidedly “best case” way – the Riverwalk golf course just happens to be so well-located within its region that it can support substantial mixed-use redevelopment. Hines has proposed such a mega redevelopment project there, which could see in excess of $1 billion in new development.

For more information about golf course redevelopment, we have started tracking such projects as part of our ongoing client project research. We expect golf courses to remain a focus for redevelopment, for some time to come. StoneCreek Partners also tracks other major real estate asset classes, with some of our research and tracking published here online. The link is available here:

Golf Course Redevelopment – the Latest