SBD/27/Facilities Venues

Print All
  • CITY, MAVERICKS AGREE TO WORK FOR ARENA DEAL IN NEXT 30 DAYS

         The City of Dallas and the Mavericks are working "toward
    striking a deal within 30 days" on a proposed new arena in
    downtown Dallas, according to this morning's FORT WORTH STAR-
    TELEGRAM.  In discussions between both sides this week, the
    option of renovating 15-year-old Reunion Arena has been
    mentioned, according to Dallas Councilman Chris Luna.  Mavericks
    owner Don Carter has said in the past he wants a new arena, with
    Reunion torn down so it doesn't compete  with that facility.
    Mayor Pro Tem Domingo Garcia told the paper "he now favors
    renovation."  Claiming that five of the 15 members on the council
    agree with him, Garcia says the teams "no longer have us over a
    barrel," and that Reunion could be renovated with 48 luxury boxes
    and added club seats for $20M (Thomas Korosec, FORT WORTH STAR-
    TELEGRAM, 1/27).
    

    Print | Tags: Dallas Mavericks, Facilities, Southwest Sports Group
  • CLEVELAND PANEL RECOMMENDS RENOVATION OF BROWNS' HOME

         A 12-person task force recommended yesterday the renovation
    of Cleveland's 63-year old Municipal Stadium rather than build a
    new facility for the Browns.  The task force, appointed by Mayor
    Michael White, previously estimated that renovation would cost
    about $130M with interest, while a new stadium would cost $220M,
    plus interest and costs of land acquisition and infrastructure.
    This recommendation is not binding, the task force will present a
    proposal that will include a financing plan by mid-February.
    Joseph Roman, chair of the staff assisting the task force:
    "Renovation will give us a great facility, and it is clearly the
    low-cost alternative."  The state is expected to finance "only a
    portion of the renovation."  These funds could come through a
    plan by Governor George Voinovich to help Cleveland and other
    cities in the state fund large capital projects through a penny-
    a-can beverage  tax (Phillips & Koff, Cleveland PLAIN-DEALER,
    1/27).
    

    Print | Tags: Cleveland Browns, Facilities
  • GLAZERS MEET WITH TSA; BABACAS TO BUILD "GOLDEN GREEK DOME"?

         New Bucs owner Malcolm Glazer and his two sons met with two
    members of the Tampa Stadium Authority (TSA) yesterday on plans
    to replace or renovate Tampa Stadium.   A committee is expected
    to be announced today to study the stadium issue and make a
    recommendation to the TSA.  Meanwhile, Socrates Babacas, an
    investor who failed in a bid to by the Bucs, says he wants to
    build the team a 70,000-seat retractable domed stadium without
    using taxpayer money.  Babacas offered "Golden Greek Dome" as a
    potential name for the facility.  TSA Exec Dir Rick Nafe, noting
    Babacas would get profits from the facility: "I don't think
    Malcolm Glazer and family will go for it" (Walker & Henderson,
    TAMPA TRIBUNE, 1/27).
    

    Print | Tags: Facilities, Tampa Bay Buccaneers
  • HORNETS WANT ADDED SKYBOXES, OR WILL BUILD OWN ARENA

         The Hornets are not satisfied with the number of skyboxes in
    the Charlotte Coliseum and will consider building a new arena if
    the city does not cooperate on a plan to help the team "remain
    competitive," according to this morning's CHARLOTTE OBSERVER.  In
    a January 10 letter to Charlotte Mayor Richard Vinroot, team
    President Spencer Stolpen "laid out" three options: 1) The
    Hornets would invest $30M to renovate the facility in exchange
    for an exclusive lease and control over the booking, management
    and revenues from parking and concessions; 2) The team could buy
    the building from the city for $60-65M; 3) The team could build a
    new 24,000-seat, $88.8M arena in uptown Charlotte with help from
    a major Charlotte bank "believed to be NationsBank."  Stolpen
    said the team has commissioned "several studies" on the value of
    the Coliseum and cost of "replicating" the building.  Team and
    city officials have been "quietly discussing" the issue since
    last spring; a final proposal could come within the next two
    months.  The team's lease runs through the '96-97.  City
    officials are concerned that giving the Hornets too much
    influence could "hurt the city's ability to attract other major
    events" (Mildenberg, Chapman & Bonnell, CHARLOTTE OBSERVER,
    1/27).
    

    Print | Tags: Bank of America, Facilities, New Orleans Pelicans
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug