SBD/8/Facilities Venues

THE ARENA-BUILDING GAME, COMING TO A CITY NEAR YOU?

     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).
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