Working development budget
$24.5M
$15.5M illustrative partner equity
Illustrative planning scenario
That luxury Vegas vibe — around the corner
PHENOMENON Arena & Social Club
PHENOMENON brings that luxury Vegas vibe to your local community — a proposed 45,000-square-foot immersive arena, dining destination and private social club with major-event energy closer to home.
◆ 45KSquare-foot adaptive reuse◆ 100 FTLong-curve panoramic LED◆ 700Guest target, subject to approval◆ 10Bars, restaurants, suites & concessions◆ 45KSquare-foot adaptive reuse◆ 100 FTLong-curve panoramic LED◆ 700Guest target, subject to approval◆ 10Bars, restaurants, suites & concessions
01 — The vision
The electricity of the big game. The intimacy of your favorite club.
PHENOMENON reimagines vacant neighborhood retail as a premium shared experience: immersive licensed events, hosted service, destination dining and private hospitality—without the downtown trip.
45K
Square-foot adaptive reuse
100 FT
Curved floor-to-ceiling LED
700
Guest target, subject to approval
10
Bars, restaurants, suites & concessions
Private hospitality
Two co-ed locker-inspired suites with dedicated bars and service.
02 — The economics
Built for recurring demand.
Seven revenue engines across membership, admissions, hospitality, private events, concessions and sponsorship.
Lower annual scenario
$18.15M
$5.57M illustrative EBITDA
Illustrative planning scenario
Target annual scenario
$37.09M
$17.14M illustrative EBITDA
Illustrative planning scenario
Illustrative capital stack
Partner equity$15.5M
Equipment / term financing$6.0M
Landlord improvements$2.0M
Sponsor cash$1.0M
Path to launch
00–02 MO
Feasibility
Site surveys, market tests and vendor scope
02–04 MO
Site & funding
Conditional lease, operator and commitments
04–08 MO
Design & permits
Stamped drawings and approvals
08–16 MO
Build & launch
Conversion, commissioning and preview
03 — Membership
Belong to more than the moment.
Annual hospitality memberships create a recurring foundation and a community that returns beyond marquee events.
Basic
$3,500
Annual membership
Two complimentary drinks weekly, reserved member areas and dedicated servers.
Hospitality benefits · not ownership
Club
$10,000
Annual membership
Basic benefits, select season seating and monthly house-bottle service.
Hospitality benefits · not ownership
Founders
$50,000
Annual membership
Shared owner-suite access and preferred seating requests.
Hospitality benefits · not ownership
Member seating requires reservations and disclosed limits. Membership conveys hospitality benefits, not equity or ownership.
04 — Investors
Help build the new neighborhood institution.
The project is seeking strategic and financial partners across hospitality, real estate, sports business and venue technology. Review the full preliminary case and the validation gates ahead.
05 — Sponsors
Put your brand inside the experience.
Potential partnerships include sponsored lounges, suite hospitality, concession programs, category exclusivity and curated brand moments—all subject to negotiated rights and valuation.
Review the sponsor visionOfficial partnership contact details will be added before public launch.
06 — Documents