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FACILITY NOTES: ROCKETS SAY NEW PAD CAN BE BUILT FOR $158M
Published February 24, 1998
The Rockets believe a new arena can be built in Houston for $158M, which would place it in the "middle range" of such U.S. facilities. In a letter to Harris County-Houston Sports Authority members, Rockets Senior Exec VP John Thomas said that Turner Construction made the estimate under direction to come up with the "most favorable middle-market deal" (HOUSTON CHRONICLE, 2/24)....In AZ, NFL Cardinals execs and a stadium-support group "are confident enough" that a proposed multipurpose stadium will be built that they "already" hired lead architect Peter Eisenman (DAILY STAR, 2/22)....In Boston, Nick Cafardo reported that 400,000 out- of-state ticket buyers watched the Patriots, Revolution and rock concerts at Foxboro Stadium in '97, creating an economic impact of about $12M (BOSTON GLOBE, 2/22).