(L to R): MGM Resorts Chairman and CEO Jim Murren, Boston Red Sox President & CEO Sam Kennedy, Boston Red Sox Chairman Tom Werner, Boston Mayor Marty Walsh, Fenway Sports Group Partner Linda Pizzuti Henry, Boston Red Sox Principal Owner John Henry, and President of Live Nation New England Don Law participate in a groundbreaking during ceremony for the MGM Music Hall at Fenway November 22, 2019 at Fenway Park in Boston, Massachusetts. (Photo Credit: Billie Weiss/Boston Red Sox/ Getty Images)

Fenway Sports Group Real Estate (FSGRE), a subsidiary of Fenway Sports Group (FSG), hosted a groundbreaking ceremony for the MGM Music Hall at Fenway, a new, state-of-the-art performing arts center being developed on the corner of Lansdowne and Ipswich Streets. The venue will be operated in partnership with Live Nation Entertainment, the world’s leading live entertainment company, and is currently scheduled to open for business in the fall of 2021.

The MGM Music Hall at Fenway marks the first development project undertaken by FSGRE beyond the walls of Fenway Park. The project will occupy roughly 91,500 square feet on four levels and accommodate approximately 5,000 patrons. The new venue will replace the open-air, paved lot – often referred to as “the Triangle Lot” – that has long accommodated parking for broadcast trucks and functioned as a service yard for Fenway Park.

The MGM Music Hall at Fenway will be owned by Fenway Sports Group Real Estate and operated by a newly formed joint venture, Fenway Music Company, a partnership between Fenway Sports Management (FSM) and Live Nation. Fenway Music Company will book, manage, and operate the MGM Music Hall at Fenway, as well as the House of Blues Boston on Lansdowne Street.