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FSG, Live Nation clear hurdle in plans for new Boston venue

Fenway Sports Group (FSG), which owns the Boston Red Sox, has been granted approval to build a new concert venue next to Fenway Park, the Major League Baseball team’s home stadium.

The Boston Globe newspaper reports that FSG’s plans for a 5,400-seat music hall to the east of the ballpark have been given the green light by the Boston Planning & Development Agency. Work on the project could begin as early as this autumn.

FSG is working with sports and entertainment giant Live Nation to deliver the venue, which would be called Fenway Theater. It is hoped the venue will ensure footfall remains high around Fenway Park during the MLB off-season.

The Globe reported that the Red Sox would also be able to build two floors of event space behind the bleachers at Fenway Park. The venue would take around two years to build.

FSG and Live Nation first announced details of the planned venue last year. The theatre would be built on land commonly known as the Triangle Lot, on the corner of Lansdowne and Ipswich Streets.

Live Nation said last year that the space would create opportunities for partnerships with local schools, colleges and other neighbourhood organisations. Live Nation is working with FSG’s real estate division on the plans.

The Fenway Theater will be owned by FSG and operated by a newly-formed joint venture, Fenway Music Company, a partnership between Fenway Sports Management and Crossroads Presents, one of Live Nation’s concert promotion and venue management companies. Fenway Music Company will be based in Boston and managed by Live Nation New England president Don Law.

Image: Live Nation