Rancho Cordova's Big Bet on a New Arena

Rancho Cordova is making a big move. They just approved a $940, 000 subsidy to help build a new sports and entertainment arena. This isn't just about sports. It's about bringing in hotels, shops, and maybe even new homes. The city thinks this project, called "Dova, " will bring lots of jobs and money. They believe the community wants this kind of development. But there's no guarantee it will happen. Building something like this is risky. The city is hoping for the best.The arena will seat 7, 500 people. It's planned for indoor soccer games, concerts, and other events. The developers say they have the money to build it. They're aiming to start construction this spring. But first, they need more approvals. The city's money will help pay for staff and consultants to review the plans. The developers say this project will create 70 full-time jobs. It could also boost the city's sales tax revenue. But will it really happen? Only time will tell. The next step is getting the arena designs approved by the planning commission. That's expected to happen in February or early March. If everything goes well, Rancho Cordova could soon have a new sports and entertainment hub.