SBD/6/Facilities Venues

POLLIN ARENA UPDATE: MILLION DOLLAR SUITES GOING FAST

     Sources involved with Abe Pollin's arena project in downtown
DC said that commitments for ten "Founders Suites," worth $1M
each, are lined up and could be announced as early as today.
Kenneth Sparks, a member of DC's National Capital Development
Corp.:  "They're going like hot cakes."  According to Crestar
Bank President William Harris, "potential leaseholders have been
asked to pledge a portion of the lease fee and agree to sign a
lease in the future."  Project officials report other luxury
suites (avg. $125,000) are also "going fast" (Tony Munroe,
WASHINGTON TIMES, 1/6).
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Facilities, Los Angeles Sparks

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