Long-elusive, big-ticket renovation of Hartford’s XL Center could get major boost from private investor

Oak View Group, which manages 300 sports and entertainment venues globally and redevelops others, said it is “very likely” the Los Angeles-based company would invest in a renovation of the aging Hartford arena. Luukko said OVG has not yet determined how much it would invest because a study of the scope of renovations must be updated. Details of a partnership with the state also would have to be negotiated, Luukko said. Michael W. Freimuth, executive director of the Capital Region Development Authority, which oversees the XL Center’s operations, said an OVG commitment would be a major step forward, after two years that included shutdowns during the pandemic. CRDA argues a major renovation is needed to put the arena on the path to profitability and keep it competitive in the industry.


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