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  • CONSTRUCTION HEADACHES: RAVENS NEST FACING BUDGET OVERRUNS

              The Maryland Stadium Authority (MSA) "now estimates"
         that the bill for structural concrete at the Ravens' new
         stadium "will come in at $43 million, well in excess of the
         $27 million envisioned," according to Jon Morgan of the
         Baltimore SUN.  MD-based Clark Construction Group, the
         contractor which won the "fast-track bid" in '96, will
         receive "[m]ost of that money."  When winning the bid, Clark
         had "promised to negotiate" a "guaranteed maximum price;"
         however the state and Clark "never reached agreement" on
         such a price, and costs "quickly soared -- accounting for
         most" of the project's $20M in overruns.  Clark's contract
         "was the biggest on the project."  MSA officials said it
         "will be able to stay within" the $220M budget outlined in
         the fall.  MSA Exec Dir Bruce Hoffman: "I think we're past
         the point of any surprises" (Baltimore SUN, 3/9).
    
    

    Print | Tags: Baltimore Ravens, Facilities
  • FACILITY NOTES

              The USTA signed an eight-year agreement with Restaurant
         Associates to provide all restaurant, catering and
         concession services at the USTA National Tennis Center and
         the U.S. Open (USTA)....Because construction of their new
         stadium won't be completed until September 17, the Bucs will
         start the '98 season with seven road games, five preseason
         and two regular season (ST. PETERSBURG TIMES, 3/8).....The
         Brewers have banned smoking in the seating areas of County
         Stadium.  Smoking will be restricted to certain concourse
         and catwalk areas (MILWAUKEE JOURNAL SENTINEL, 3/6)...The
         Angels are "constructing an actual-size infield" at the
         entrance plaza to Edison Field with "green and orange bricks
         substituting for grass and dirt."  For a $75 donation to the
         Angels' charitable foundation, the team will inscribe a
         name, a company name, or a personal message on one of the
         bricks.  The team "hopes to raise" $500,000 for local
         charities through sale of the bricks (L.A. TIMES, 3/7). 
    
    

    Print | Tags: LA Angels, Anaheim Sports, Facilities, Milwaukee Brewers, Tampa Bay Buccaneers, USTA, Walt Disney
  • PROPOSAL IN PA WOULD SELL "BITS AND PIECES" OF STADIUM

              Allegheny County and Pittsburgh officials are "studying
         the possibility of selling bits and pieces of new football
         and baseball stadiums as a way of increasing private
         investment in the projects," according to Belko & Barnes of
         the Pittsburgh POST-GAZETTE.  Private investors who owned
         stadium assets like "seating, scoreboards, or other
         equipment," could "reap tax benefits" by writing off the
         "cost of depreciation" on such equipment.  The plan was
         discussed last week and may be announced this week by city
         officials as they work on a $777M "so-called Plan B for
         financing the new stadiums" and expanding the city's
         convention center.  In related news, Allegheny County's
         Department of Economic Development has hired IL-based
         stadium consultant Marc Ganis, who heads SportsCorp Ltd.,
         for advice on the financing issues (POST-GAZETTE, 3/6).
              DEALMAKER: In San Jose, Renee Koury profiled Ganis, who
         "created" the Raiders seat-license plan.  NFL
         VP/Communications Greg Aiello, on Ganis: "He's got ideas and
         expertise.  He seems to get things done.  He's a personable
         guy.  And he's a wheeler-dealer" (S.J. MERCURY NEWS, 3/8).
    
    

    Print | Tags: Facilities, NFL, Oakland Raiders
  • TO DOME OR NOT TO DOME? IN DENVER, THAT IS THE QUESTION

              A retractable dome on a new Broncos stadium "would add
         between" $66M and $145M to the cost of the facility, "but
         could add more than" $19M a year to Denver's economy "by
         attracting more events," according to Peggy Lowe of the
         DENVER POST.  Those numbers are from a "stadium issue paper"
         done by the Metro Denver Chamber of Commerce.   A
         retractable dome was part of a State Senate-approved bill,
         which, if approved by the House, would be on the November 3
         ballot.  However, Senator Elsie Lacy, the bill's Senate
         sponsor, "has said she will attempt to separate the dome
         issue onto a separate ballot" from the stadium.  CO Gov. Roy
         Romer said that he "is opposed to the dome."  The Chamber's
         study showed a retractable roof facility could host events
         that included the Super Bowl, the Men's Final Four and the
         Big 12 Championship (Peggy Lowe, DENVER POST, 3/7).  
    
    

    Print | Tags: Denver Broncos, Facilities
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