SBD/8/Facilities Venues

STADIUM NOTES

     In Cleveland, a breakfast presentation for a few hundred
business executives today "will kick off" loge sales for the
proposed 72,000-seat lakefront stadium.  Club seat sales will
start in about a month.  By January 31, the city must have lease
agreements for loges and club seats worth $9.4M a year, with at
least $3M from club seats. The average leases must be eight years
for loges and seven years for club seats (Cleveland PLAIN-DEALER
10/6)...In Boston, Kevin Paul DuPont notes "word around" Boston
is that two parties are "seriously interested" in knocking down
the Garden and developing the site into retail, office and
apartment space. Another "rumor" has Delaware North
"contemplating" shifting its headquarters to Boston (BOSTON
GLOBE, 10/6)....Tigers and Little Ceasars Enterprises Inc. owner
Michael Ilitch said he remains "committed" to raising his $145M
share of private financing for a new, $240M ballpark and that
financing would be "of a traditional nature". Ilitch said there
are "no plans" to pledge the assets of Little Ceasars as
collateral on a loan (CRAIN'S DETROIT BUSINESS, 9/30).
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Detroit Tigers, Facilities

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