SBD/28/Facilities Venues

STADIUM NOTES

     The BOSTON GLOBE's Richard Kindleberger writes, "The
possibility of a privately financed, stand-alone stadium for the
Patriots is getting increased attention in response to the
apparent dimming of prospects for a state-supported domed stadium
linked to a convention center" (BOSTON GLOBE,
8/28)....Washington, DC, has obtained new financing for its share
of the costs of a new downtown arena.  Among the lead
underwriters are Merrill Lynch and Paine Webber (WASHINGTON
BUSINESS JOURNAL, 8/31 issue)....Alfred Moses, President of the
Rose Bowl Operating Co. board, claims "it has become crucial that
some consensus be reached -- and soon" on whether to go after an
NFL team (L.A. TIMES, 8/27).....In Dallas, Cathy Harasta writes,
"Without a tenant that can command the type of suite deals
needed, the Cotton Bowl remains a golden-egg hopeful without a
goose" (DALLAS MORNING NEWS, 8/28)...."MacNeil/Lehrer" looked at
the stadium situation in Seattle.  King County Chair Peter Von
Reichbauer:  "It's called stadium economics or economic
blackmail. ... When the Boeing Company laid off 12,000 people
over this past six months and they didn't ask King County to make
up for that loss."  Stadium proponent Jose Gaitan:  "We can't
forget the fact that we receive nearly $10 million a year in tax
revenue from this" (PBS, 8/25).
Return to top

Related Topics:

Facilities, New England Patriots, NFL

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug