Dave Matthews Band to headline three-day, outdoor concert series starting on June 24
NEW YORK, NY – June 17, 2011 – (RealEstateRama) — Jones Lang LaSalle represented Starr Hill Presents, a sister company of Red Light Management, in arranging a summer music festival at Bader Field in Atlantic City. The three-day music festival is the first stop for the Dave Matthews Band Caravan and the event will take place from June 24 to June 26.
The Jones Lang LaSalle team advising Starr Hill Presents on the festival was led by Peter Riguardi, president of the company’s New York region, Paul Mas, executive vice president, and Michael Shenot, managing director. The group worked closely with Chris Scianni of the Scianni Group, a New York based music and media consultant.
“We’ve been in discussions with a number of people in the music industry about the need for new rehearsal and theater/event space in the New York area,” said Riguardi. “In speaking with Red Light Management, which was interested in producing a summer concert series in the Northeast, Paul Mas and Michael Shenot mentioned that Bader Field would make an excellent location for such an event. We held a series of meetings with officials at the city and state level, as well with the major players in the casino industry and local business community. The reception for all parties involved was extremely positive due to Paul and Michael’s expertise and knowledge of the Atlantic City market. Our goal was to make sure that Starr Hill Presents had local support for the event and that the public infrastructure could handle a large influx of festival goers.”
Joining the Dave Matthews Band Caravan at Bader Field are a diverse group of musicians that include David Gray, Ray Lamontagne, The Flaming Lips, O.A.R., Damian Marley, Bassnectar, Dr. Dog, Amos Lee, Thievery Corporation, Michael Franti & Spearhead, Warren Haynes Band, Grace Potter & The Nocturnals, Guster, Lotus, Rebelution, Delta Spirit, Big Gigantic, Alberta Cross, Mariachi El Bronx, TR3, Vusi Mahlasela, The Budos Band, The Tangiers Blues Band and Bobby Long.
The outdoor concert series will be held on three stages that will be constructed at Bader Field, a 150-acre former municipal airport that is considered one of the premier gaming and resort development parcels in North America. The three-day event is one of only four locations in the United States where fans can see the Dave Matthews Band this year.
“Jones Lang LaSalle has extensive knowledge of the Atlantic City market, having worked closely with the City of Atlantic City, the New Jersey Economic Development Agency and the Casino Redevelopment Agency in marketing Bader Field just prior to the economic downturn,” said Mas. “Our familiarity with the area allowed us to devise a creative, interim use for the site that will create both a positive economic and image impact on Atlantic City at a critical time.”
“Jones Lang LaSalle did a great job in connecting us not just to the real estate community but also to all the Atlantic City stakeholders that made this possible,” said Coran Capshaw, founder of Red Light Management. “We are excited to play a role in the revitalization of this city, and we feel that with the right approach, we can continue to bring high-quality entertainment that adds yet another dimension to the experience that visitors to Atlantic City enjoy.”
The city of Atlantic City had engaged Jones Lang LaSalle in 2008 to oversee the disposition of Bader Field. The company also worked with the Casino Redevelopment Agency and other state agencies in the effort to identify possible buyers for the property, which remains a truly unique development opportunity.
For more information about tickets for the event, please visit http://www.dmbcaravan.com/.
Jones Lang LaSalle is a leader in the New York tri-state commercial real estate market, with more than 1,700 of the most recognized industry experts offering brokerage, capital markets, facilities management, consulting, and project and development services. In 2010, the New York tri-state team completed approximately 17 million square feet in lease transactions, completed capital markets transactions valued at $861 million, managed projects valued at more than $5.8 billion, and oversaw a property and facilities management portfolio of 83.5 million square feet.
About Starr Hill Presents and Red Light Management
Starr Hill Presents promotes live music across the country and, together with its partners, produces large-scale music festivals nationwide including Bonnaroo Music and Arts Festival, San Francisco’s Outside Lands Music and Arts Festival, and Wanderlust Yoga and Music Festival, among others.
Sister company Red Light Management was founded in 1991 by Coran Capshaw as he began managing Dave Matthews Band. Red Light Management has established itself as one of the most innovative artist management companies in the industry, known for taking an entrepreneurial approach with its diverse roster of clients, including Tim McGraw, Faith Hill, Alicia Keys, and Phish.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $43 billion of assets under management. For further information, please visit our website, http://www.joneslanglasalle.com/.
Contact:
George Shea, Mark Faris
Company: Shea Communications
Phone: +1-212-627-5766
Email: mfaris (at) sheacommunications (dot) com
