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FOR MIAMI SPORTS ARENAS, ARE TWO HEADS BETTER THAN ONE?
Published May 6, 1996
The ability of two new arenas in Miami to generate enough money through skyboxes and club seating is questioned in the MIAMI HERALD. Gregg Fields writes that not only does Miami have few large companies, but lucrative skyboxes have a history of not selling out. The Miami Arena's 18 skyboxes have never sold out and Joe Robbie Stadium has only 155 of its 197 sky boxes leased - - and many of those are up for renewal. In addition, building separate arenas for basketball and hockey would pit the two against each other in trying to sell expensive seating. Business consultant Doug Logan: "You take a city like Miami, which doesn't have an abundance of Fortune 500 companies, and it almost dictates choosing one over another. The war among facilities is going to be unbelievable" (MIAMI HERALD, 5/5).