Located directly west of New Caney ISD's Randall Reed Stadium, the 14-acre space was previously used as the site for Valley Ranch's annual 4th Fest, an Independence Day festival. Now, the multipurpose space—officially named The Hill at Valley Ranch—will host outdoor events such as food festivals, carnivals, cultural events, live music and entertainment, according to the release.
Additionally, The Signorelli Co. is partnering with Oak View Group Facilities, which will manage the event booking to attract live music events to the space, according to the release. In the release, the company also teased to upcoming undisclosed events, with President and CEO Danny Signorelli providing a statement on the space.
“We are thrilled the live event segment of our Valley Ranch Entertainment District project is moving to the next step,” Signorelli said in the statement. “Our team has been working hard to convert this space to an entertainment destination for the community and activities will be ramping up in 2021. We have some big event announcements coming soon.”
The Hill is part of the development's plan to feature a 70-acre entertainment district, which currently consists of the 10-screen Cinemark Theater. While the grassed hill will serve as an outdoor event space for the near future, company officials said it still plans to one day transform the 14-acre property into a large amphitheater.
Meanwhile, The Signorelli Co. broke ground on its roughly 100-acre medical district in September. Kevin Layne, senior vice president of the commercial division of the Signorelli Co., said in a Jan. 14 interview that the company hopes to announce more details about the district this year.
Construction is also set to begin sometime this year on the 180-acre Valley Ranch Marketplace, Layne said in January. The new mixed-use district will feature two apartment complexes, boutique stores and eateries, and large retailers.