Destination wellness brand Canyon Ranch has expanded its partnership with VICI Properties, an experiential-focused real estate investment trust, to expand its offering across North America and beyond. In 2023, The Canyon Ranch brand encompasses three destination wellness resorts in Tucson, Lenox (Massachusetts) and Woodside (California) respectively, as well as a day spa and fitness centre in Las Vegas, Nevada. Thanks to the recent deal, VICI has provided Canyon Ranch with

At a time when companies in the hospitality sector are facing unprecedented challenges, private equity firm Alta Capital Real Estate has grasped the opportunity to invest in undervalued wellness hospitality assets across Asia-Pacific. It recently launched the Alta Hospitality Fund Asia with the aim of “repositioning, rebranding and redeveloping assets for the post-COVID world in order to deliver solid returns”. It aims to create a portfolio value of US$50m (€42m,

Football's world governing body FIFA has filed a criminal complaint over what it describes as "criminal mismanagement" of the World Football Museum project in Zurich. The project was first announced by disgraced former FIFA president Sepp Blatter in 2012 and the attraction opened its doors in February 2017 at a cost of around CHF500m (€459m, £415m). The 3,000sq m (32,300sq ft) museum is part of a larger development which includes

The London Centre for Music, designed by Diller Scofidio + Renfro, has received a funding boost of nearly £2m ($2.3m, €2.2m) for the next stage of its development. Announced in 2017, the vision for the centre is "to develop a world-class venue for performance and education across all musical genres". It will transform part of and be run by the Barbican performing arts centre and will be a new home

Construction of a new pavilion at the Seattle Aquarium, designed by LMN Architects, looks set to go ahead after the city council approved a US$34m (€30.7m, £25.8m) contribution towards funding. Designs for the US$113m (€102m, £85.8m) 50,000sq ft (15,240sq m) Ocean Pavilion project were unveiled in 2017. It will see a 325,000-gallon (1.5-million-litre) martini glass-shaped tank built to house sharks, stingrays, and schooling and reef fish from the South Pacific's

The UK government has announced a £250m (US$322m, €290m) Culture Investment Fund for England. The funding package will be spent on infrastructure projects in the culture, museums and libraries sectors. More than £125m (US$161m, €145m) of the fund is earmarked for investment in improvements to regional museums and libraries. As the recipient of the largest single contribution from the fund (£18.5m US$23.8m, €21.4m), the National Railway Museum in York will

Sydney Fish Market is to more than double in size and gain a variety of new leisure amenities and public spaces, following confirmation that AUS$750m (US$509m, €463m) will be invested in its redevelopment. The market, which is said to be the largest of its kind in the Southern Hemisphere, will move from its existing location in Pyrmont to the adjacent Blackwattle Bay in Sydney Harbour. The new site will occupy

The government of Saudi Arabia has pledged to fund the construction of a US$1bn "sports city" close to the Iraqi capital city Baghdad. The announcement was made by the Saudi commerce and investment minister Majid bin Abdullah Al-Qassabi, following a visit by senior Saudi ministers to Baghdad last week. No details of the facilities have been revealed as yet, but it is believed that the project will include a number

New Zealand's government has suspended NZ$25m (US$17m, €14.5m, £12.3m) financing for a convention centre in Wellington, New Zealand, with the plans on hold until Sir Peter Jackson can reach an agreement with the city over his proposed movie museum project. The country's government had agreed the financial package to help pay for the NZ$165m (US$111.6m, €96m, £85.6m) development, which would also feature Jackson's museum, however, the Ministry of Business, Innovation

A fundraising campaign has been launched following the announcement of plans to build a US$130m (€106m, £93.2m aquarium development in Sarasota, Florida. Called the Mote Science Education Aquarium, Massachusetts-based architecture firm CambridgeSeven are behind the plans, which will cover 110,000sq ft (10,000sq m) – more than doubling the size of the existing Mote Aquarium. In addition to aquatic displays across 3.8 million litres of water, the aquarium will offer interactive

Funding has been approved for a 27,500-seater stadium designed to bring Major League Soccer (MLS) to Nashville, Tennessee. Nashville’s Sports Authority has approved a $225m (£171m, €191) bond resolution, solidifying funding before the proposal goes to the Metro Council for final approval in November. Concept designs from global architecture firm HOK show the stadium covering 500,000sq ft (152,400sq m) at The Fairgrounds site in the capital of Tennessee. The renderings

Plans to build a 17m (56ft) viewing tower at one of Britain’s most archaeologically-significant sites can go ahead following a £1.8m (US$2.4m, €2m) donation from the Heritage Lottery Fund (HLF). In 1939 a hoard of treasures were discovered at Sutton Hoo in Suffolk, believed to be the final resting place of the 7th Century King Raedwald of East Anglia. The project, which will cost £4m (US$5.3m, €4.5m) in total, means

Derby Museums has secured final funding for its planned £16.4m (US$21.4m, €18.2m) Museum of Making following a £9.4m (US$12.3m, €10.5m) donation from the UK's Heritage Lottery Fund (HLF). The donation to the charitable trust, which represents Derby's Museum and Art Gallery, Pickford’s House and The Silk Mill, makes it the largest National Lottery-funded project in Derby’s history. The Museum of Making at Derby Silk Mill project will see a community-led

Major League Soccer (MLS) franchise DC United has secured a US$25m (£19.3m, €22m) funding package to make its soon-to-be-built new stadium more energy efficient. The package has been agreed with the mayor of Washington DC Muriel Bowser and the Department of Energy and Environment (DOEE). Funding will go towards the installation of energy efficient equipment at the 20,000-capacity Audi Field venue, such as 884kw solar panels and stormwater retention system.

Australia’s minister for the arts Don Harwin has awarded AU$244m (US$186.2m, €164.8m, £145.4m) to the Art Gallery of New South Wales, with the funding going towards the museum’s grand AU$344m (US$262.5m, €232.4m, £205.2m) expansion. In addition to the government funding, the Sydney gallery is planning to launch a capital campaign later this year, seeking a further AU$100m (US$76.3m, €67.5m, £59.6m) in philanthropic support for the project, of which AU$70m (US$53.4m,

Plans to create a US$75m museum in Colorado Springs dedicated to the Olympic movement have moved a step closer to becoming a reality, with the final pieces of essential funding reportedly now in place for the project. According to the Colorado Springs Gazette the US Olympic Museum could break ground in the next few months after the city’s Urban Renewal Authority agreed to issue bonds partly financing construction. The decision

The extraordinary life and career of music icon David Bowie could be marked with a gravity-defying lightning bolt sculpture in the London district where he was born. Architect Zac Monro, arts collective This Ain’t Rock’n’Roll and sculptor Tom Carter have proposed the three-storey, 9m (29.5ft) tall steel memorial, which reimagines the famous bolt sported by Bowie on the cover of his 1973 album Aladdin Sane as a giant three-dimensional structure

Plans for the much-debated Guggenheim Museum in Helsinki have fallen through after city councillors rejected a proposal to provide state aid for the project’s development. During recent budget talks, the co-ruling nationalist Finns party objected to the €40m (US$42.4m, £33.5m) support costs offered by the government, especially during a time when Finland’s economy is struggling while the government pushes through a multi-billion Euro austerity measure to try and curb public

A new national stadium accommodating football and rugby is expected to be built and ready in Luxembourg by October 2019. The mayor of the eponymous capital city, Lydie Polfer, unveiled plans for the 9,385-capacity venue, which is expected to cost €60m (£51.2m, US$63.6m). Located on Boulevard de Kockelscheuer, the proposed stadium has been designed by the BENG architecture practice. Preparatory work on the site is expected to begin in May

The City of Helsinki has prepared a new funding proposal for establishing a Guggenheim museum in the city, after Finland’s co-ruling nationalist Finns party blocked state aid for the project’s development. During recent budget talks, the Finns objected to the €40m (US$45m, £33.7m) support costs offered by the government, especially during a time when Finland’s economy is struggling while the government pushes through a multi-billion Euro austerity measure to try

A funding campaign to build a self-sustaining cricket ground of international standard in Rwanda is gathering momentum. Cricket is Rwanda’s fastest growing sport and has been used as a tool in recent years to bring people together in the country, which was torn apart by genocide in 1994. Despite the burgeoning interest, there are a lack of cricketing facilities in the country, and so the Rwanda Cricket Stadium Foundation (RCSF)

The new mayor of London, Sadiq Khan, has suspended work on Thomas Heatherwick’s controversial Garden Bridge project over concerns that more public money will be required to complete the £175m (US$225.6m, €204.4m) project. Khan officially supports the plans to build the 367m long plant-filled bridge, but only if no more than the agreed £60m (US$77.3m, €70m) in public funding is made available to build it. According to the Architects’ Journal

A crowdfunding campaign will be launched today (13 May) to revive a historic lido in Peckham, South East London, with a new design by architecture practice Studio Octopi. The original 50 metre (164ft) outdoor swimming pool, called the Peckham Rye Lido, served swimmers and sunbathers from 1923 until 1987 before closing. The pool was filled in and now only a crumbling fountain remains where it once stood. Community group Peckham

New York Mayor Bill de Blasio has allocated US$170m (€149m, £118m) of the city’s budget for 2017 on climate resiliency projects, including construction of Bjarke Ingels Group's leisure-oriented storm barrier The Dryline. The money will be used to create the stormwater management infrastructure required for the Lower Manhattan project – a 12 km-long high-water barrier incorporating public space with parks, seating, bicycle shelters, sports facilities and skateboard ramps. Elevated embankments,

Stella McCartney, Thomas Heatherwick, David Adjaye and Antony Gormley are among the designers, artists and architects whose time or work has been auctioned to fund the creation of a new home for one of the world's biggest design museums. The sale, hosted by auction house Phillips, raised over £1.1m (US$1.6m, €1.4m) towards the renovation costs of the Design Museum’s forthcoming building in Kensington, London. A total of 55 pieces were

A new crowdfunding initiative is paving the way for party-loving investors to buy a stake in their very own Ibiza nightclub designed by artist Lluís Güell. The club, called Alter Ibiza, is set to open this July this year on the beach resort of San Josep. Replacing a former club, the new venue will transform the building’s existing basement into “a spectacular large space filled with split columns, marble staircases

Draught beer on tap, mattresses made from malt, a jacuzzi filled with pale ale and a homebrew kit by the bed. That’s the vision for a new beer-themed hotel proposed by Scottish craft beer company BrewDog, who are set to use millions of pounds raised in a crowdsourcing campaign to turn their beer-soaked dream into reality. Located in Aberdeen, Scotland – close to the company’s brewery – the hotel will