Cubs Detail Outfield Renovations At Wrigley MLB Giants Alter Mixed-Use Development Plans Facility Notes BMO Field Phase 1 Upgrades Nearly Done McGuire Emphasizes Subsidies For MLS Venue S.F. Official Downplays Concerns Over Warriors Arena Facility Notes New NFL Stadium Efforts Costly For St. Louis NYRA Revives Saratoga Redevelopment Indy Eleven Stadium Bid Runs Out Of Time
Upcoming Conferences and Events
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).