Revenue Up For Sun Life Stadium In FY '14 CSU Panels Supports On-Campus Stadium Virginia Beach Reaches Deal To Build $200M Arena Facility Notes Avaya-Earthquakes Deal Worth $20M Renovated Citrus Bowl Open For Business Mavericks Installing High-Tech Camera System Facility Notes Mets Will Move In Citi Field Fences Bucks, UWM Meet About Future Of Panther Arena
NEW TIGER STADIUM PLAN RAISES "TOUGH" POLITICAL QUESTIONS
Published August 24, 1995
A compromise plan to use $90M in state and city money to help build a new stadium for the Tigers "raises tough political questions" for both MI Gov. John Engler and Detroit Mayor Dennis Archer, according to this morning's DETROIT FREE PRESS. The plan calls for $60M from the state and $30M from the city to pay for infrastructure costs as part of a $200-250M package. The Tigers would contribute $115M, with the remainder from private sources. Republican legislators "may kill" Engler's plan for a gas tax increase if state money is used for the stadium, while Archer faces "several tough issues" including where to get $30M in an "already bare-bones city budget" (DETROIT FREE PRESS, 8/24). LIONS LEAVING THE DEN? The Lions are "moving closer to forsaking the Pontiac Silverdome as talks intensify for a new stadium in downtown Detroit," according to CRAIN'S DETROIT BUSINESS. Lions Vice Chair William Clay Ford said last week that the team "cannot wait much longer" for the city of Pontiac to renegotiate the Silverdome lease. The team is reportedly gathering information on how other stadiums are financed, what kinds of arrangements other teams have with municipalities and a "variety of related issues" (David Barkholz, CRAIN'S DETROIT, 8/27 issue).