Learfield Buys Signage Company GoVision Vikings' HQ Complex To Cost $80-90M IMS Building Small Dirt Track For Retiring Stewart Padres HOF Opens Friday Without Selig Name Levi's Stadium Gets Safety Designation Facility Notes Bills In No Rush On New Stadium Braves, Falcons Pitch New Stadiums At Same Time Colorado Facilities Projects Nearly Complete Santa Ana E-Sports Venue Marks A First For U.S.
GAO REPORT GIVES DC A NEW ESTIMATE OF ARENA COSTS
Published July 14, 1995
New figures, prepared by the GAO and presented yesterday at a congressional hearing on DC's arena project, show the District should expect to spend $56.3M to buy land and prepare a site for the city's proposed downtown arena, according to the WASHINGTON POST. The estimate, while slightly higher than the original $53M, fits within DC's financing plan (Michael Fletcher, WASHINGTON POST, 7/13). TROUBLEMAKER: An editorial in today's WASHINGTON POST faults BET Founder Robert Johnson for attempting to hold up construction of the arena. The POST: "Unfortunately, Mr. Johnson's interest in becoming a major sportsman is on a collision course with the city's best chance to revive the heart of downtown Washington" (WASHINGTON POST, 7/13).