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
Published August 13, 1996
Twelve-seat suites for Coyotes games at America West Arena are renting for $43,000, with 14-seat suites going for $48,000. Included are four pre-season games, 41 regular season games, two playoff rounds and six additional tickets per game for each suite (ARIZONA REPUBLIC, 8/13)....Chicago-area stadiums are "bracing" for price competition as private investors discuss plans for a new $50M, 12,000-seat arena in the northwest suburbs. The facility, whose tenants would include CBA and RHI franchises, could open by fall '98. Rental rates have fallen 20-30% over the past several years at the United Center, Rosemont Horizon and Univ. of IL-Chicago Pavilion (CRAIN'S CHICAGO BUSINESS, 8/12 issue).... In Detroit, Joe Falls writes Lions Owner William Clay Ford will have to make an announcement soon if he wants a referendum on the Wayne County ballot this fall for a downtown stadium (DETROIT NEWS, 8/11)....In San Antonio, Charlotte-Anne Lucas questions whether SBC Communications, a 7% owner of the Spurs and future parent of PacBell, will "step up to the naming- rights plate" and help the team finance a new arena (San Antonio EXPRESS-NEWS, 8/10)....The Superdome set records for attendance and utilization in the fiscal year ending June 30. The main arena was booked 250 days and 49 of 52 weekends. Over 1.6 million attended events, an 18% increase over the previous year (Superdome).