Costs Rise For Wizards' Practice Facility NASCAR Tracks Cashing In With Non-Racing Events Bypass To Put Its Hardware In Sports Venues San Diego Chamber Endorses Chargers' Plan Sources: Ballmer Wants New Arena For Clips Vikings Select Firms To Build New HQ LAFC Mulls HQ, Complex In Tustin Beaver Stadium Capacity Likely To Get Smaller Seahawks/Sounders Looking For Naming Rights Turner Field Area Could Become College Stadium
D.C. COUNCIL GIVES OK TO AGREEMENT FOR DOWNTOWN ARENA
Published February 8, 1995
The DC council voted unanimously yesterday to approve an agreement between Bullets/Capitals owner Abe Pollin and Mayor Marion Barry to build a downtown arena. The vote came after Pollin refused to conditions that would require him to generate more money for the city. Pollin has agreed to pay $180M for the construction of the facility, while DC will pay an estimated $50M for site preparation, including land sale. The Council's Committee on Economic Development recommended that Pollin's teams be required to play all pre-and post-season games at the facility, be responsible for filling 290 days of events, and arena concessionaires to pay a real estate tax. But Pollin's objections, and the fact MD "still is pushing him to keep his teams in Prince George's County -- prompted the council to back down" (Michael Fletcher, WASHINGTON POST, 2/8).