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Ready players: 5M-sf e-sports complex rises in Shanghai

first_imgShare on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsChina Commercial Real Estateshanghai (Super Gen via Twitter/ArjunKharpal, Getty) A nearly 5.4-million-square-foot e-sports complex will be built in Shanghai, meant to solidify the city as the center of the competitive gaming industry.Work has begun on the Shanghai International New Cultural and Creative E-Sports Center, expected to cost nearly $900 million, according to CNBC.“E-sports” refers to both competitive video games and the wider industry that’s emerged around them. That industry generated about $1.1 billion last year, according to games market research firm Newzoo, and is attracting big investments worldwide. In New York City, Dynamic Star is planning an e-sports arena for its Fordham Landing project in the Bronx.Epic Games, the company behind the hit game, “Fortnite,” recently purchased a nearly 1 million-square-foot mall in North Carolina it will convert into its headquarters.China-based company SuperGen, which owns the e-sports team Edward Gaming, is the main backer of the project in Shanghai. The complex is designed as a place where e-sports teams and companies can be based. It’s anchored by a 6,000-seat arena and a hotel, according to sports venue news outlet Coliseum.The complex can host around 10,000 people per day and SuperGen plans to host around 300 competitions each year. The complex is being developed in phases and is expected to open in 2024.China is the largest e-sports market in the world. About 70 percent of the 720 million gamers in the country play e-sports, CNBC reported. Shanghai hosted the 2020 World Championship of “League of Legends,” one of the largest e-sports events in the world. The event was watched by 3.8 million people.[CNBC] [Coliseum] — Dennis Lynch center_img Share via Shortlinklast_img read more

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Town Councillor Held Hostage by the FARC Is Freed in Colombia

first_img Town councillor Marcos Baquero, the first of five hostages the FARC has offered to turn over this week in Colombia, was freed on 9 February, the International Committee of the Red Cross (ICRC), which is in charge of the operation, announced. “The ICRC confirms the release of town councillor Marcos Baquero, who was turned over to the humanitarian committee,” ICRC spokesperson María Cristina Rivera told the press at the airport in Villavicencio (95 km south of Bogotá), where his family is awaiting him. “At this time, the helicopter made available by the government of Brazil and duly identified with the emblems of the Red Cross is transporting Baquero to Villavicencio, where he will be reunited with his family after one year and seven months of separation,” she added. The ICRC specified that Baquero was turned over to the humanitarian delegation, made up of former senator Piedad Córdoba, two ICRC delegates, and a representative of the collective Colombian Men and Women for Peace, in a rural area of the department of El Meta, in central Colombia. In a series of operations, the FARC is expected to release Marine Henry López and town councilor Armando Acuña in Florencia (in southern Colombia) on 11 February and Police Maj. Guillermo Solórzano and Army Cpl. Salín Sanmiguel in Ibagué (in central Colombia) on 13 February. The five were kidnapped by the FARC on various occasions between 2007 and 2010. By Dialogo February 11, 2011last_img read more

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