The groundbreaking, which took place on the 37-acre parcelbetween Haven Avenue, Milliken Avenue, Fourth Street and the I-10Freeway, was attended by top executives at AEG, the arena'soperator; Citizens Business Bank, the arena's naming rightspartner; and the City of Ontario, the arena's owner.

"This is going to create an atmosphere of entertainment that theInland Empire has been craving for a long time," says Mayor PaulLeon. "No longer are we going to have to slug it out on thefreeways on the way to Los Angeles."

The arena is being marketed as the centerpiece of Piemonte atOntarioCenter. This urban, mixed-use project is currently underconstruction and will be composed of class A office, specialtyretail, a full-service hotel with more than 200 rooms, and otherentertainment and urban living components.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.