SBD/10/Facilities Venues

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  • BOSTON'S MEGAPLEX COMMISSION HEARS SITE REPORTS TODAY

         The MA commission studying a possible megaplex is scheduled
    to hear from state officials and others who have spent "several"
    weeks reviewing each potential site for a combined convention
    center/stadium.  State Rep. Kevin Fitzgerald said preliminary
    findings "didn't give us a push one way or the other (Phil
    Primack, BOSTON HERALD, 5/10).  The commission is also launching
    "one more -- and possibly final -- drive to find enough private
    financing" for the facility.  Greater Boston Convention and
    Visitors Bureau President Patrick Moscaritolo:  "It's clear that
    the commission needs to know whether the business community
    intends to suit up and play or sit it out."  The commission is
    retaining three separate consultants for more than $250,000 total
    to help look into the financing (BOSTON HERALD, 5/9).  For the
    first time, Senate President Billy Bulger said that building the
    proposed complex on Summer Street in South Boston "might be a
    suitable location after all."  While Bulger is "warming" to the
    convention center and maybe even a baseball park, he "appeared to
    remain opposed to building a 70,000-seat domed stadium in South
    Boston" (Richard Kindleberger, BOSTON GLOBE, 5/9).
    

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  • FORT WORTH TO CREATE AUTHORITY FOR BRUTON SMITH'S RACETRACK

         Racetrack owner Bruton Smith and the Fort Worth City Council
    have come to a "general agreement" that calls for the creation of
    a sports authority to issue bonds for the construction of Smith's
    $75M Texas Motor Speedway to be located just north of Alliance
    Airport, write Roland Martin & Jack Smith in the FORT WORTH STAR-
    TELEGRAM.  Within six months, a final agreement on operating
    rules and legal requirements must be reached between the Council
    and Smith's Speedway Motorsports Inc.  City officials expect the
    speedway to boost tourism revenue and increase exposure through
    NASCAR TV events (FT. WORTH STAR-TELEGRAM, 5/10).
    

    Print | Tags: Facilities, NASCAR, Speedway Motorsports Inc.
  • TAMPA OFFICIALS "SURPRISED" AFTER MEETING WITH HOK

         Yesterday's meeting between the Tampa Sports Authority and
    architects from K.C.-based HOK made TSA officials believe that it
    will take "some big bucks" to keep the Bucs from leaving town,
    according to today's TAMPA TRIBUNE.  Estimates for a new stadium
    run as high as $210M, while the cost of renovation was put at
    $155M.  Citing "sticker shock," the TSA asked HOK to return next
    week with a list of "cost-cutting ideas."  TSA Building Committee
    Chair Steve Anderson, expressed "surprise" to HOK's estimates:
    "They're much higher than I anticipated.  I don't think the
    community could afford or is prepared to pay $210M" (Jim Kenyon,
    TAMPA TRIBUNE, 5/10).  Although HOK officials "provided few
    details" about why the estimates for renovation were so much
    higher than expected, they did say that working with the
    "constraints of the stadium's existing structure complicated
    their job" (Danielson & Banks, ST. PETERSBURG TIMES, 5/10).
    

    Print | Tags: Facilities, Tampa Bay Buccaneers
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