FS Midwest Inks Ballpark Village Naming Rights Dolphins To Test Beacon Technology Sunday Red Sox Get Approval For Expanded Liquor Sales Bradley Center Revenue Rises In FY '13 San Jose Could Sumbit Revised A's Ballpark Plan Cowboys Touting Wireless Service At Home Games UNLV Closing In On Stadium Design United Airlines Extends Chicago Naming Rights Miami-Dade Set To Analyze MLS Stadium Sites Cubs Get Approval For More Wrigley Changes
RAPTORS LOOK TO BE A CONTENDER DOWN ON THE WATERFRONT
Published October 17, 1994
The Raptors are attempting to swing a deal to purchase six acres near the Toronto waterfront where the team hopes to build a proposed 22,500-seat arena. Several sources close to the team have confirmed that there have been negotiations with Canada Post Corp. and Marathon Realty, the owners of the six-acre lot, about acquiring the site. The site has recently been appraised by an independent firm as worth about $20M. But a concern of the Raptors is that the land is contaminated and will have to be cleaned before anything is built. Potential clean-up costs are estimated at $12M (Robert MacLeod, Toronto GLOBE & MAIL, 10/15).