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THE ARENA-BUILDING GAME, COMING TO A CITY NEAR YOU?
Published November 8, 1994
In Dallas, David Jackson and David Dillion examine the growing trend in NHL & NBA cities to build new arenas. Martin Greenberg, Dir of the National Sports Law Institute at Marquette: "Professional sports is in the midst of the largest building boom ever. ... If you don't have a state-of-the-art facility, you don't have a team." Jackson & Dillion note that it is "this fear" that has inspired Dallas to pursue a new $170M facility. Since '88, 14 cities have made various deals for new hockey and basketball arenas; four more are under construction. "These projects have a common denominator: The desires of team owners to make more money from the luxury boxes, private clubs and expanded concession stands that are turning modern sports arenas into upscale entertainment centers." The cities involved "face a common challenge: How much public money should they gamble on projects that some economists consider financial risks?" The piece focuses on ten new arenas that have already opened or are being built: Gund (Cleveland), Rose Garden (Portland), New Seattle Center, The Palace at Auburn Hills (Detroit), Crossroads Arena (Buffalo), America West (Phoenix), Arrowhead Pond (Anaheim), San Jose Arena, Kiel Center (St. Louis) and the United Center (Chicago) (DALLAS MORNING NEWS, 11/6).