Triangle entrepreneur Stephen Malik delivered a keynote address at the Startup Summit on Wednesday, advising first-time founders on fundraising and overcoming obstacles, and answering questions, including ones about the $2.2B Downtown South project in Raleigh.
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As a proposed stadium project demonstrates, Downtown South has become an area of focus for developers in Raleigh as “downtown proper” experiences increased activity and other development projects.
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Steve Malik says selling his medical data platform company MedFusion for $43 million will help him apply more resources in pursuit of building the $2 billion Downtown South project.
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Steve Malik is not completely separating himself from medical tech platform Medfusion, which he has sold for $43 million in a deal announced early Wednesday.
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Steve Malik, the soccer entrepreneur who is seeking to build a massive entertainment complex in Raleigh, is selling his Cary-based life science data and medical services platform Medfusion.
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The partners behind the massive Downtown South project that includes a 20,000 seat soccer stadium, will step up their efforts to win government and public support on Friday when they unveil a study from the Urban Land Institute.
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Most of the details of proposed Downtown Raleigh Entertainment District, a.k.a. Downtown South, had leaked before real estate developer John Kane and soccer team owner Steve Malik took the stage Tuesday, so they used their time before the media to emphasize the need for public support to make their plans a reality.
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It you want to grasp the size and scope of the $1.9 billion Downtown South project from developer John Kane and North Carolina Football Club Steve Malik you have to think huge, not big.
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Raleigh real estate developer John Kane and entrepreneur and sports team owner Steve Malik believe their investment in downtown Raleigh and their plan for a sports, entertainment, retail and residential complex there that is being formally announced today will earn public support in two ways. Here are the details.
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