SBD/6/Facilities Venues

Print All
  • DELAWARE NORTH NAMES NEW CAPTAIN FOR THEIR FLEET

         Richard Krezwick, former GM of the Worcester Centrum, was
    appointed President of New Boston Garden Corp., the Delaware
    North Cos. subsidiary that owns the FleetCenter, according to
    Maria Shao in the BOSTON GLOBE.  Krezwick will assume duties on
    September 16, succeeding Larry Moulter, who joined Bob Woolf
    Associates in June.  Richard Stephens, President of Delaware
    North, said Krezwick "has experience in all facets of building
    management.  What he's shown is a promotional and marketing flair
    that really intrigued me."  Pat Moscaritolo, President of the
    Greater Boston Convention & Visitors Bureau: "The corporate
    people at Delaware North have said, 'We have our building now.'
    Now, they're going to have somebody more focused on sales and
    marketing and buildings."  Krezwick acknowledged the marketing
    challenges ahead, considering the recent poor performance of the
    Celtics and Bruins and the "public griping" about high ticket and
    food prices.  Krezwick: "The honeymoon is over." Krezwick added
    one of his big challenges will be keeping premium seat holders
    happy.  Krezwick: "Suite sales drive the financing of a new
    facility" (BOSTON GLOBE, 9/6).
    

    Print | Tags: Boston Bruins, Boston Celtics, Facilities
  • HAWKS NOT LIKELY TO FLY FROM OMNI NEST

         The new $215M Hawks arena will be built on the site of the
    Omni Coliseum "unless something dramatic changes drastically,"
    Atlanta Mayor Bill Campbell's Chief of Staff, Steven Labovitz,
    told Unger & Saporta of the ATLANTA CONSTITUTION.  A competing
    location -- the railroad gulch owned by Norfolk Southern across
    from the Omni -- is preferred by some civic leaders because of a
    "better" bridge between CNN Center and Underground Atlanta and
    the fact that events could continue at the Omni while the new
    arena was being built.  Although the city and Turner Broadcasting
    System, which owns the Hawks, continue to negotiate with Norfolk
    Southern, they remain "several million dollars apart on a
    purchase price."  If the Omni is chosen, the Hawks will have to
    play at the Georgia Dome and Georgia Tech for two seasons, while
    the current building is razed and replaced by the fall of '99.
    Recreation Authority Attorney Caryl Smith warned if legislation
    offered by U.S. Sen. Patrick Moynihan (D-NY) regarding the tax
    exempt status of bonds used on stadium and arena is passed, it
    would remove the tax exemption for $55-60M in bonds to be used
    for public improvements around the new Omni.  Turner Exec Brad
    Ferrer: "I'm not sure about the project if the public improvement
    bonds are taxable."  Campbell's Chief-of-Staff Labovitz said that
    the arena itself would be financed by a second bond issue, which
    is taxable, amounting to $140-150M (ATLANTA CONSTITUTION, 9/6).
    

    Print | Tags: Atlanta Hawks, Facilities, Time Warner
  • L.A. ARENA PANEL URGES FORWARD MOVEMENT ON NEW ARENA

         A "key" L.A. City Council committee voted unanimously to
    "move quickly toward forging a deal with developers on a new
    $270M downtown sports arena, according to Rick Orlov of the L.A.
    DAILY NEWS.  Although raising "concerns" about up to $70M in
    costs to the city, the Ad Hoc Committee on an L.A. Sports Arena
    voted 5-0 Thursday recommending that a memo of understanding on a
    $240M downtown arena be drafted with prospective developers, L.A.
    Kings Owners Ed Roski Jr. and Philip Anschutz.  Council President
    John Ferraro: "This could lead to the revitalization of downtown.
    But we have to make sure the city's interests are protected."
    The proposal will now go to the entire council as early as
    Wednesday, as the city continues to pursue Anschutz and Roski to
    develop a 20,000-seat arena next to the Convention Center, to
    house the Kings and Lakers.  Under the proposal, the North Hall
    of the Convention Center would be demolished, then rented to the
    developers for $1 a year for 55 years.  The committee also
    recommended that a memo be signed by October 15, so that they
    meet Roski and Anschutz's timeline of construction starting next
    year and opening by September 1999.  Inglewood has made a $30M
    cash offer to Roski and Anschutz for them to keep the team in a
    new arena at the Hollywood Park racetrack.  John Semcken,
    spokesperson for Roski's Majestic Realty, said, "Right now, we're
    talking to two people, Inglewood and Los Angeles, but that can't
    go on for long." (L.A. DAILY NEWS, 9/6).
    

    Print | Tags: AEG, Facilities, Los Angeles Lakers
  • STADIUM NOTES

         A USA TODAY special section called "The Stadium Binge"
    appeared in today's editions. The piece studied each facility in
    all major cities in U.S. and Canada, including lease and luxury
    seat details (USA TODAY, 9/6)....In Phoenix, a group of business
    and community leaders, East Valley Partnership, unveiled their
    study for domed multipurpose facility for the Cardinals, as a way
    to create a new tourist image for the East Valley.  Team Owner
    Bill Bidwill said of the idea that "it's a very logical
    approach."  But David Cannella writes, "There's no firm plan for
    where the project would go, how much it would cost or how it
    would be paid for" (ARIZONA REPUBLIC, 9/6).
    

    Print | Tags: Facilities
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug