SBD/22/Facilities Venues

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  • CARLSON PUSHES FOR REFERENDUM ON TWINS STADIUM

         MN Gov. Arne Carlson says he will ask the legislature to put
    an initiative on the November '96 ballot to determine if metro-
    area voters want to pay for a new ballpark for the club.  The
    Minneapolis STAR TRIBUNE reports Carlson's request follows a task
    force study which concluded that "the retention" of the Twins
    will require "either additional revenue streams in the Metrodome
    or a new stadium."  Paul Thatcher, Finance Chair for the
    Metropolitan Sports Facilities Commission:  "I profoundly believe
    if we don't build a new stadium we will lose baseball."  The
    Twins can exercise an escape clause at the Metrodome after the
    '97 season (Weiner & Whereatt, Minneapolis STAR TRIBUNE, 12/22).
    

    Print | Tags: Facilities, Minnesota Twins
  • GIANTS ANNOUNCE PLANS FOR NEW CHINA BASIN BALLPARK

         The Giants announced plans yesterday to build the first
    privately financed baseball park in more than 30 years at San
    Francisco's China Basin.  The 42,000-seat facility is scheduled
    to open April 2000.  The Giants will be responsible for $140M of
    financing, with remaining capital from concession rights,
    advertising, business partners, and a limited number of premium
    seat commitments.  The team will lease the site from the Port of
    San Francisco.  If voters decide in March the site is acceptable,
    construction will begin in late '97 (Giants).  A key element of
    the financing will be the sale of 15,000 PSLs, from which the
    owners expect to raise $35M (Seligman & Brazil, S.F. EXAMINER,
    12/21).  The ballpark will have 63 luxury suites, 5,200 club
    seats and 1,500 special field seats located on ground level
    between home plate and the dugouts (S.F. CHRONICLE, 12/22).
    

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  • ROCKETS BEGIN NEGOTIATIONS FOR NEW ARENA IN HOUSTON

         Houston Mayor Bob Lanier and Rockets Owner Leslie Alexander
    have begun negotiations for a new downtown arena, according to
    sources cited by the HOUSTON CHRONICLE.  Though no deal has been
    struck, the two have been discussing a $100M 18-24,000-seat arena
    near the George Brown Center.  Public funding, money from
    Alexander, and arena revenue would help pay for the arena (John
    Williams, HOUSTON CHRONICLE, 12/22).
    

    Print | Tags: Facilities, Houston Rockets
  • STADIUM NOTES

         Construction engineers in Tampa now say the new state-of-
    the-art stadium Malcolm Glazer wants to keep the Bucs' in town
    will cost $192M, $24M more than originally estimated.  (ST.
    PETERSBURG TIMES, 12/22)....Supporters of a new baseball stadium
    in Tucson demand the City Council decide within 30 days whether
    to kick in a combined $18M for the project.  The city is trying
    to lure a third MLB club to join the Rockies and Diamondbacks in
    holding spring training there  (AP/Colorado Springs GAZETTE
    TELEGRAPH, 12/21).
    

    Print | Tags: Arizona Diamondbacks, Colorado Rockies, Facilities, MLB, Tampa Bay Buccaneers
  • WILL MCDOME PROPOSAL BE THE KEY TO KEEPING BEARS FROM GARY?

         IL Gov. Jim Edgar, who had pledged support for Chicago Mayor
    Richard Daley's plan to reconstruct Soldier Field, now believes a
    multipurpose domed stadium at McCormick Place "would be a plus
    for the city of Chicago."  According to the CHICAGO TRIBUNE,
    Edgar's "abrupt shift" over McDome comes on the heels of a
    breakdown in talks between the Bears and the city over the $156M
    improvement.  Edgar suggested the same Daley-backed tourism taxes
    used to expand the McCormick Place exhibition center in 1991
    could be used to build McDome.  Daley argues taxpayers ewer
    burdened enough by the original $1B expansion (Pearson & Kass,
    CHICAGO TRIBUNE, 12/22).
    

    Print | Tags: Chicago Bears, Facilities
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