Source: Raiders Stadium Will Cost $200M Less Golden Knights' Practice Facility To Be Top-Flight St. Louis MLS Investors Hopeful Funding Vote Passes Georgia State Updates Turner Field Construction Rays' Ballpark Site Search Still Complicated Braves Will Help Fans With SunTrust Traffic Raiders' Vegas Stadium Financing Remains Complicated Sacramento, Kings To Refinance '97 Arena Loan Facility Notes Proposal Made To Lift Crandon Park Restrictions
LIONS AND TIGERS ROAMING THE CITY?
Published June 3, 1996
Oakland County, MI, officials believe Lions execs have been meeting with Detroit officials moving the team from Pontiac to a stadium in the city where both the Lions and Tigers would play (DETROIT NEWS, 6/1)....According to a Congressional Research Service report published May 29, sports stadiums financed by tax- exempt bonds generally do not generate enough economic benefit to justify federal, state and local government subsidies (THE DAILY). But a study by a team of UNC Charlotte MBA students concluded that sports arenas generally contribute to economic development when they are located "in urban areas with an established commercial base" (CHARLOTTE OBSERVER, 6/3)....Prince George County, VA, (south of Richmond) is offering a 300-acre site for a baseball stadium to compete with three sites in Northern VA (RICHMOND TIMES-DISPATCH, 6/2)....Broward County officials are studying the fine points of a proposed lease for a new $212M arena, particularly whether the lease is too favorable to Panthers Owner Wayne Huizenga and a clause that says the arena must kept to the same standards of any arena within 100 miles (MIAMI HERALD, 6/2).