TC TURNS 15

Rockets owner Tilman Fertitta teases future of Toyota Center as stadium turns 15

Rockets owner Tilman Fertitta teases future of Toyota Center as stadium turns 15
Toyota Center is credited for helping rejuvenate downtown. Courtesy photo

This story originally appeared on CultureMap/Houston.

October marks the 15th anniversary of the opening of Toyota Center, the home of the Houston Rockets and hundreds of concerts over the decade-and-a-half since it opened its doors. It was the second stadium of four that were constructed within seven miles of one another in the last 20 years — and that doesn’t include University of Houston’s new TDECU Stadiumand under-construction Fertitta Center across the street.

More importantly, the three stadiums within eight blocks of one other — Toyota Center, Minute Maid Park, and BBVA Compass Stadium — have radically altered the landscape of downtown, which coincided with the urban renewal that launched projects like Discovery Green and the recent transformation of Avenida De Las Americas.

That wasn’t always the case. There were many who doubted the ability of sports stadiums to attract visitors into downtown from the suburbs, let alone convince them to live there. Prior to Minute Maid Park, that part of downtown — most of downtown for that matter — was largely vacant after 6 pm and on weekends. Few developers were taking chances on the abandoned warehouses and empty lots that dotted the east side of downtown.

Now, the entire area is loaded with prime real estate, a fact that is not lost on Rockets owner Tillman Fertitta. “Everything that’s happening [around Toyota Center], that’s all happened after the fact,” Fertitta says during a press conference.

Just on the other side of the George R. Brown Convention Center, Astros owner Jim Crane remains committed to his slice of downtown. He recently renewed his team’s lease at Minute Maid Park through 2050 — it had been set to expire in 2030. “The Astros look forward to furthering our investment in downtown Houston,” Crane says in a statement in July after signing the new lease.

Fertitta acknowledged that the Astros saw the value of his ballpark’s address and the boom in construction around the area when he decided to extend the team’s lease. “That’s what Jim saw with Minute Maid. You’ve got the two hotel bookends. Behind one hotel is us. Behind the other hotel is Minute Maid Park.”

Fertitta hasn’t committed to sign a new lease at Toyota Center — the current lease runs through 2033 — though he understands the value of both the location and the building itself. “It’s a great building,” he says. “And now that you have cities expanding the way they have, you’re running out of land to build a project like Toyota Center.”

Considering what the area looked like before either Minute Maid Park or Toyota Center existed, it is clear those stadiums were vital to the improvements of downtown. From new residential developments to the boom in retail just across U.S. 59 in EaDo, the entire area owes its success, at least in part, to these facilities. Read the rest of the story here.

 

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Can the Astros overcome the loss of Kyle Tucker? Composite Getty Image.

The Chicago Cubs acquired All-Star outfielder Kyle Tucker in a trade with the Houston Astros on Friday, paying a big price for one of baseball's best hitters.

The Cubs sent third baseman Isaac Paredes, right-hander Hayden Wesneski and Cam Smith, one of their top infield prospects, to the Astros for Tucker, who is eligible for free agency after the 2025 season.

Be sure to watch the video below as the crew from Stone Cold 'Stros reacts to the trade and lays out what the future holds for the new-look Astros.

Tucker was limited to 78 games this year because of a fractured right shin, but he hit .289 with 23 homers and 49 RBIs for the AL West champions. He batted .284 with 29 homers, an AL-best 112 RBIs and 30 steals for Houston in 2023.

Tucker, who turns 28 on Jan. 17, joins a crowded situation in Chicago's outfield, but the Cubs are reportedly looking to trade Cody Bellinger, who also can play first base. They also have talked to Seiya Suzuki's agent about the outfielder's no-trade clause.

The Cubs have finished second in the NL Central with an 83-79 record in each of the past two years, and there is increased pressure on president of baseball operations Jed Hoyer to get the team back into the playoffs for the first time since 2020.

The Cubs announced later in the day that they had agreed to an $11.5 million, two-year contract with catcher Carson Kelly, a Chicago native. He played for Detroit and Texas this year, batting .238 with nine homers and 37 RBIs in 91 games.

The New York Yankees also were in the mix for Tucker before the trade was completed.

“We certainly had many conversations with the Astros.” Yankees general manager Brian Cashman said. “At the end of the day I’m glad that Mr. Tucker is not in the American League East or the American League at all. But it’s a big get for the Chicago Cubs.”

Paredes is an option for Houston at third base if Alex Bregman departs in free agency. The 25-year-old Paredes hit .238 with 19 homers and 80 RBIs in 153 games this year. He made the AL All-Star team with Tampa Bay and then was traded to Chicago in July.

Paredes, who bats from the right side and is known for his pull power, chuckled as he talked about taking aim at the Crawford Boxes in left field at Minute Maid Park.

“I feel very happy. It's not only a beautiful stadium, but it's a stadium that benefits my hitting,” he said through a translator.

Even with the acquisition of Paredes, who also can play first, Astros general manager Dana Brown did not close the door on a reunion with Bregman.

“Pretty much Alex Bregman's status is still the way it is,” Brown said. “Nothing has changed since the last time I've talked to you guys.”

Wesneski, a Houston native who played college ball for Sam Houston State, will compete for a spot in the Astros’ rotation.

The right-hander, who turned 27 on Dec. 5, went 3-6 with a 3.86 ERA over 21 relief appearances and seven starts this year. He was on the injured list from July 20 to Sept. 20 with a right forearm strain.

“It’s just a dream-come-true kind of thing,” Wesneski said. “I am excited to be an Astro.”

Houston is hoping the addition of Paredes and Wesneski will help the team continue its impressive run as one of baseball's best teams. It has made the playoffs for eight straight years, winning the World Series in 2017 and 2022. It was swept by Detroit in the wild-card round this year.

“Look, make no mistake. We're still going to compete,” Brown said, “and this is probably one of those moves that I think in the future people will see and understand like, yeah, wow, I understand it now, I get it. ... I would say that this is more to strengthen our opportunities down the road without losing any footage in the current year.”

While Paredes and Wesneski could have an immediate impact, Smith also was a key component of the deal.

Smith, 21, was selected by Chicago with the No. 14 pick in this year's draft out of Florida State University. He hit .313 with seven homers and 24 RBIs in 32 games over three minor league stops, finishing the year with Double-A Knoxville.

“It's a really good first-round college bat with power, with a chance to hit, and he's pretty athletic as well,” Brown said. “So we're really excited about Cam Smith.”

Tucker was Houston's first-round pick in 2015, taken No. 5 overall. He made his big league debut with the Astros in 2018.

Tucker had a breakout performance three years after his debut, hitting a career-best .294 with 30 homers and 92 RBIs in 140 games in 2021. He won a Gold Glove the following year.

The Tampa, Florida, native is a .274 hitter with 125 homers, 417 RBIs and an .869 OPS in 633 career games — all with Houston. He also has appeared in 64 postseason games, batting .229 with eight homers and 28 RBIs.

Kelly gets $5 million in each of the next two seasons, and his deal with Chicago includes a $7.5 million mutual option for 2027 with a $1.5 million buyout. He can earn $500,000 in performance bonuses during each of the three seasons; $250,000 each for 81 and 91 games started.

The Cubs were in need of more depth behind the plate. They also have Miguel Amaya, who played in a career-high 117 games this year, and Matt Thaiss, who was acquired in a trade with the Angels on Nov. 20.

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