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ROCKETS BEGIN NEGOTIATIONS FOR NEW ARENA IN HOUSTON
Published December 22, 1995
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).