A's Settle 10-Year Lease Extension With Oakland Bank Of America Stadium Expands Hosting Options LSU To Make $14M Off Tiger Stadium Expansion MLS Facility Notes Red Wings To Market New Venue At Comerica Broward County Hopes To Land MLS Stadium Cubs To Open Jack Daniel's Patio At Wrigley Falcons Release Video Touting New Stadium Facility Notes Plans Unveiled For Red Wings' Arena, District
Upcoming Conferences and Events
REPORT ON NEW DALLAS ARENA COMES UP SHORT ON LUXURY SUITES
Published October 19, 1994
Dallas community leaders yesterday were given a report which recommends that Reunion Arena be demolished upon completion of a new, state-of-the-art facility. The report, commissioned by the Dallas City Council, further recommends that a new arena have only 60 luxury suites, down from earlier proposals of 144 suites. The total cost of the 22,000-seat arena is estimated at $170M -- down from earlier estimates of $187M. The 46-page report does not make recommendations on how to finance the new arena, but several Dallas council members said they hope that the city will pay only a third -- and certainly no more than half. Stars President Jim Lites said that a arena with only 60 luxury suites would be a "mistake": "Luxury suites are an important part of the deal. There's no arena being built anywhere with two teams that has less than 100 boxes. They'd be ill-advised to build less." The report was prepared by a team of consultants, including Ellerbe Becker and Austin-Turner Arena Group, a venture of Austin Commercial and Turner Construction (Sylvia Martinez, DALLAS MORNING NEWS, 10/19).