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HERE'S THE DEAL: PEROT DEVELOPMENT COMPLEX IN JEOPARDY
Published October 7, 1997
Dallas' plan to build a new sports arena on a parking lot next to Reunion Arena "could sink" Mavericks Owner Ross Perot Jr.'s "promise to construct a huge shopping, office and apartment complex around the arena because the tract is too small," according to Gillman & Ingrassia of the DALLAS MORNING NEWS. But so far, neither Perot nor Stars Owner Thomas Hicks have agreed to the lot location, which is "the only potential site specified" in a letter of intent. The city and teams must agree to a site by November 12, the deadline for the City Council to call a referendum on the $230M arena deal reached last week (MORNING NEWS, 10/7).