NBA Kings Debut Golden 1 Center Oak View Group Wants To Renovate KeyArena Adelson, Davis Deny Raiders Stadium Rift Mayor Pitches Oldsmar For Rays Ballpark Potential MLS Stadium Site Emerges In St. Louis Adelson Ready To Walk Away From Raiders Plan Developers Exploring Arena Near Scottsdale Facility Notes Hansen Group Offers To Fund Seattle Arena Privately Chargers Have L.A. Options If Ballot Measure Fails
PRIVATE FINANCING SECURED FOR DISTRICT'S MCI CENTER
Published September 14, 1995
Bullets/Caps Owner Abe Pollin yesterday released a statement saying the private financing for DC's new downtown arena, MCI Center, has been secured. The release notes financial papers have been delivered to DC's Redevelopment Land Agency, including a "firm" commitment letter from NationsBank, a letter to DC Mayor Marion Barry from NationsBank on the funding, a letter to Barry from MCI outlining its financial commitment, and a memo describing sources and use of funds. Groundbreaking on construction of MCI Center is scheduled for October 18 (MCI Center).