SBD/9/Facilities Venues

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  • BELIEVE IT OR NOT, QUESTIONS STILL SURROUND DALLAS ARENA

              The proposed $230M Dallas arena "cleared a lukewarm"
         Dallas City Council on Wednesday, as it ratified City
         Manager John Ware's letter of intent on a new facility,
         according to Todd Gillman of the DALLAS MORNING NEWS.  While
         council officials "said voters deserve the final word  ...
         some predicted" that voters would reject the deal if the
         Mavericks and Stars "don't promise enough downtown
         development to justify" the $125M public subsidy.  Gillman
         adds that "even some council members who voted to keep the
         deal on track remain critical of key elements in the
         package, particularly the lack thus far of guaranteed
         development around the arena; the mandatory demolition of
         18-year-old Reunion Arena; and the reliance on tourist taxes
         rather than user fees on parking and tickets."  The council
         will decide November 12 whether to call a January vote on
         higher hotel/car rental taxes to finance the city's share. 
         By then, team owners and city negotiators say, a site will
         be picked and more details will be known about the potential
         for development around the arena (MORNING NEWS, 10/9).
    
    

    Print | Tags: Dallas Mavericks, Dallas Stars, Facilities, Southwest Sports Group
  • EAST VALLEY CITIES TAKE STEP BACK FROM PRO SPORTS COMPLEX

              Three East Valley, AZ, cities -- Tempe, Mesa and
         Scottsdale -- passed on a multipurpose dome, "saying they
         liked the concept but wanted more details about private
         investment in the stadium," according to Chris Moeser of the
         ARIZONA REPUBLIC.  The decision "effectively ends chances
         that a sales tax to pay for the stadium could be before East
         Valley voters" in '98 and "casts serious doubts" about the
         proposed National Sports Center that would be home to both
         the Cardinals and Coyotes.  But city mayors and team
         officials said that the proposal just "needs more work." 
         Cardinals VP/Gen. Counsel Michael Bidwill: "[W]e've got to
         sit down with private side developers, perhaps the Coyotes,
         and put together a package."  The East Valley Partnership
         had proposed a quarter-cent sales tax that would raise about
         $223M for the sports center and the Partnership had lobbied
         the cities to create a sports district to work out details
         on the cost of the project with voters having "final say on
         any tax proposal."  But Moeser writes the fact that cites
         "were unwilling even to start the process of putting a tax
         before voters is telling" and "speaks volumes about the
         political climate in the wake of Bank One Ballpark" (ARIZONA
         REPUBLIC, 10/9).  Bidwill: "We're doing the reverse of Bank
         One Ballpark and the way that was done.   We're doing it in
         the light of day and we're doing it openly."  Coyotes COO
         Shawn Hunter said they too want "more information about the
         scope of the project, where it will be, what it will look
         like, and what it will cost" (ARIZONA REPUBLIC, 10/9). 
    
    

    Print | Tags: Facilities, Phoenix Coyotes
  • FACILITY NOTES

              An editorial in today's BOSTON GLOBE states that MA
         Acting Gov. Paul Cellucci has "presented a rational economic
         case for helping the Patriots renovate" Foxboro Stadium, but
         that MA House Speaker Thomas Finneran's "demands are
         beginning to look like an effort to make [Patriots Owner
         Robert] Kraft an offer he can't accept" (BOSTON GLOBE,
         10/9)....In Baltimore, Jon Morgan writes how added revenues
         streams from new ballparks affect a team's on-the-field
         success.  For example, he notes that at Oriole Park at
         Camden Yards, concession sales at "now routinely top"
         $500,000, and could hit $750,000 for tonight's ALCS game
         (Baltimore SUN, 10/9)....The family of Daniel Weber, who was
         electrocuted nearly a year ago at Bank One Ballpark, is
         suing contractors Perini Building Co. and Huber Hunt &
         Nichols, as well as the Maricopa County (AZ) Stadium
         District (ARIZONA REPUBLIC, 10/8). 
    
    

    Print | Tags: Facilities, New England Patriots
  • OFMA PRESIDENT FRUSTRATED OVER IMPLEMENTATION OF PSL PLANS

              Oakland Football Marketing Association (OFMA) President
         Richard Rogers, who has an inventory of 20,000 unsold
         Raiders PSLs, "says he could bring the moribund Raiders
         marketing effort back to life" if the PSLs were converted
         from their original 10-year term to lifetime licenses and
         were priced at "market demand," according to Rick DelVecchio
         of the S.F. CHRONICLE.  Rogers wants the Raiders and the
         Oakland-Alameda County Coliseum Authority to join the OFMA
         in a market research study on the idea, but he said he's
         received no response from either party.  Raiders Exec
         Assistant Al LoCasale said that the team is against lifetime
         PSLs if the price is increased.  LoCasale added that the
         Coliseum Authority's lawsuit against the team hurts any
         joint study: "Makes it extremely difficult to partner with
         people who have pulled a gun on you while they were standing
         behind you" (S.F. CHRONICLE, 10/9).  
    
    

    Print | Tags: Facilities, Oakland Raiders
  • WACHS APPROVES NEW DEAL WITH KINGS OWNERS ON SPORTS ARENA

              "Clearing the way for a planned downtown sports arena,"
         L.A. City Council member Joel Wachs said yesterday that "he
         will exempt the facility from his proposed ballot measure
         that would require voter approval of publicly subsidized
         sports stadiums," according to Beth Shuster of the L.A.
         TIMES.  In return, Wachs said that the arena developers, NHL
         Kings Owners Philip Anschutz and Edward Roski, "have agreed
         to several new financial conditions that would dramatically
         reduce any taxpayer costs for the new arena."  Wachs said
         the developers will give the city an "ironclad" guarantee
         that they will repay $58M in municipal bonds to be used for
         the project; ensure that the $58M will not come from sales
         taxes, property taxes or utility taxes generated by the
         arena; pay about $1.6M for a two-acre property that the city
         had tentatively agreed to give the developers, and pay about
         $3.2M-a-year for use of the arena site for 55 years.  The
         previous deal called for a $1M-a-year lease.  Wachs said
         that the only public money involved in the arena would be
         $12M given to the developers by the Community Redevelopment
         Agency.  Kings President Tim Leiweke "acknowledged that the
         deal is financially riskier for the developers, but he said
         their desire to build the facility in the city outweighed
         their concerns" (L.A. TIMES, 10/9). 
    
    

    Print | Tags: AEG, Facilities, NHL
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