SBD/10/Facilities Venues

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  • HORNETS SEARCH FOR NEW HIVE -- UPTOWN CHARLOTTE UNLIKELY

         The Hornets, claiming that revenues from the Charlotte
    Coliseium will fail to keep them competitive in the future, are
    searching for a site for a new arena.  The team is
    "concentrating" its search in Charlotte's suburbs, both in NC and
    SC, and say "there would not be enough land" in uptown Charlotte
    to build an arena and lot.  Erik Spanberg reports in the current
    CHARLOTTE BUSINESS JOURNAL that the team has hired Toronto-based
    Stadium Consultants Int'l to study sites for a proposed $100M-
    150M arena.  SCI will focus on land availability, parking, access
    to public transportation and proximity to restaurants and hotels.
    The club's lease with the city at the Charlotte Coliseum expires
    after next season.  The team claims the eight 10-seat boxes and
    four 18-seat boxes will not keep them competitive.  Spanberg
    reports the team now ranks in the bottom-third of the NBA in
    revenue, but they pay one of the league's lowest rents at $8,000
    per game.  Muhleman Associates' Max Muhleman says the team will
    need a new facility within five years to remain competitive
    (Charlotte BUSINESS JOURNAL, 10/9 issue).
    

    Print | Tags: Facilities, NBA, New Orleans Pelicans
  • PATS MAY BE BETTER OFF RIGHT WHERE THEY ARE SAYS FINNERAN

         MA House Ways and Means Committee Chair Thomas Finneran said
    with the window of opportunity "rapidly closing" on a privately
    financed domed stadium in Boston, the Pats best chance for a new
    stadium may be in Foxboro, according to the BOSTON HERALD.  Phil
    Primack notes the "Catch-22" faced by megaplex supporters in that
    private financing is not likely until the megaplex bill is
    passed.  But a stadium won't be part of the bill unless there is
    private financing "pledged" to a stadium.  Finneran added a bill
    will be reported by the Ways and Means Committee Friday, but it
    may "be open" on the issue of a location (BOSTON HERALD, 10/10).
    

    Print | Tags: Facilities
  • WI COUNTY COMMITTEE FACES BUDGET STRUGGLE FOR NEW STADIUM

         The Milwaukee County Board Finance Committee Monday held off
    an attempt to take money for the new Brewers Stadium out of the
    county's '96 budget, according to the MILWAUKEE JOURNAL SENTINEL.
    County Exec F. Thomas Ament had proposed paying $4M of the
    county's $18M contribution to stadium costs next year taking that
    money from the '96 county budget.  Gretchen Schuldt writes this
    indicates the stadium project could run into "rough sledding" in
    the County Board, with officials complaining that "unfunded
    mandates" imposed by the state can potentially drive up county
    costs and property taxes (MILWAUKEE JOURNAL SENTINEL, 10/10).
    

    Print | Tags: Facilities, Milwaukee Brewers
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