Arizona State To Build Student-Athlete Center Detroit Approves $450M For Arena Bonds Sacramento Republic FC Purchases Land For Stadium Braves' Naming-Rights Deal Worth $10M Annually Sources: NYC FC Eyes Aqueduct Area Mickelson To Design Calgary Golf Course Facility Notes SunTrust Buys Braves Ballpark Naming Rights Red Wings To Unveil Latest Drawings Of New Arena NFL Supports Commission Of HOF Village
Upcoming Conferences and Events
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).