Warriors Hold Lavish Arena Groundbreaking Glen Taylor Commits $9M More To Arena Upgrades Braves Moving Spring Home To Sarasota County Seattle Mayor Arranging Talks With NHL, NBA Facility Notes Braves Pursuing Palm Beach County ST Complex Target Field Debt Being Paid Off Early FAA Approves Inglewood Stadium Project Goldman Committed To Financing Raiders' Vegas Venue Broncos Continue Search For Venue Naming-Rights
REDSKINS COOKE COMPLETES STADIUM DEAL TO CAP OFF A BIG DAY
Published December 4, 1995
Redskins Owner Jack Kent Cooke has obtained the necessary approval from the states of MD and Prince George's County for a new 78,600-seat stadium in Landover where the team could begin play as early as '97. A front-page, above-the-fold piece in today's WASHINGTON POST reports the deal was finalized after County Exec Wayne Curry signed on yesterday. Curry had been "the remaining impediment to Cooke's plan." A press conference will be held today with details, but it means an end to Cooke's "seven-year search for a new home." Cooke will pay for the stadium, including $4.1M for the land, and $4.6M to help the community play for a rec center. The state will contribute $78M to build roads and parking lots, and the county will donate about $2M worth of land for the rec center. Obstacles remain, including final passage by the County Council (WASHINGTON POST, 12/4).