SBD/Issue 90/Facilities & Venues

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  • Cotton Mouth: Dallas Postpones Cotton Bowl Renovations

    Cotton Bowl Renovations Being Put On Hold
    Dallas Park & Recreation Dir Paul Dyer said that the city is postponing “many of the improvements it planned to make” at the Cotton Bowl this year because of “sluggish negotiations among” the city, the State Fair of Texas and “several college football programs,” according to Dave Levinthal of the DALLAS MORNING NEWS. Dyer said that the city will install about 4,000 new seats out of a planned 16,000. New elevators, restrooms, concession areas and a new stadium façade will “not be ready this year.” But Dyer added a new video board, sound system, wiring, plumbing, fencing, ticket booths and concession improvements “are still scheduled for completion” before October. Dallas officials said that the Univ. of Texas has “delayed negotiations” on a contract extension to continue playing its annual game against the Univ. of Oklahoma beyond ‘08. Oklahoma regents this week authorized school officials to negotiate a contract extension (DALLAS MORNING NEWS, 1/27).

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  • Lightning Owners Propose Change In Law To Double Tax Rebate

    Lightning Pushing Effort To
    Double Their Sales Tax Rebate
    Palace Sports & Entertainment (PS&E) has approached Florida legislators about updating a ‘88 law in order to “double the sales tax rebate for professional sports teams,” which would bring in an additional $2M a year, according to Alex Leary of the ST. PETERSBURG TIMES. The current law provides teams that build or renovate a stadium with $60M in sales taxes rebates over 30 years. PS&E officials said that the extra money is needed because the current rebate is “out of date in an era when professional sports teams create huge tax revenues in their host cities.” No lawmakers have introduced the proposal into legislation. Lightning President Ron Campbell said that other pro teams in Florida have “expressed an interest in the idea,” but he would not name supporters. Campbell said that games and events at St. Pete Times Forum in ’04 generated $7.5M in sales tax revenue for the state, “far more” than the annual rebate. Campbell added that “all the additional money would have to go back into the sports venue.” Under the proposal, teams that leave before their contract is up would have to pay for “half of the tax payments the state was due to make to the venue for however many years are left in the 30-year contract” (ST. PETERSBURG TIMES, 1/27).

    Print | Tags: Facilities, Tampa Bay Lightning
  • All Downhill From Here? Officials Expect Xanadu Mountain

    Xanadu Officials Assuage
    Concerns Over Indoor Ski Mountain

    New Jersey state officials and execs with Xanadu developers Mills Corp. and Mack-Cali Realty “offered reassurances [Thursday] that the complex would include North America’s first indoor ski mountain,” according to Matthew Futterman of the Newark STAR-LEDGER. The Snow Dome is “considered the signature feature of Xanadu, and despite more than a year of on-again, off-again negotiations and a dispute between” Mills and Mack-Cali and U.K.-based Acer Snowmec, which controls the snow-making technology, “both sides said a deal to build the facility would soon be in place.” Acer Snowmec CEO Malcolm Clulow said in an e-mail, “It is not unusual for negotiations to construct indoor snow centers to last several years — three to five years before they are in contract is the norm. This project is fast track as far as we are concerned.” Clulow said that an agreement between his company and Mills and Mack-Cali “could be complete next week” (Newark STAR-LEDGER, 1/27).

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  • Ultimate Sports Planning $4B Sports & Entertainment Complex

    Developer Plans To Build $4B Sports
    Resort Near Las Vegas Motor Speedway
    Ultimate Sports Entertainment Inc. (USEI) unveiled plans to build a $4B sports-mega-resort complex on 116 acres of land near Las Vegas Motor Speedway. The facility will be designed by K.C.-based HOK Sports and will feature 5,500 rooms, ten sports arenas, 150,000-square-foot casino and a 750,000-square-foot convention center. The Perini Building Co. will manage construction. The project is based on a hybrid of casino, destination and sports business models. The name of the resort will be determined by a sports arena-style naming-rights deal. USEI has the support of the USOC, more than 25 NGBs and other sports organizations that are interested in holding regional and national competitions at the resort once it is completed (USEI). In Las Vegas, Mark Anderson notes the venues at the resort include 26,000- and 10,000-seat arenas, a 5,000-seat aquatic center, three 3,000-seat multi-use facilities, a golf driving range, a bowling alley and an ice rink. USEI President & CEO Matt Rose said that the group “plans to break ground in about nine months and that construction should be completed [24-30] months after that.” USEI has hired the Bonham Group for sports marketing (LAS VEGAS REVIEW-JOURNAL, 1/27).

    Print | Tags: Facilities, HOK Sports, Speedway Motorsports Inc., USOC
  • Facility Notes

    In Minneapolis, Patrick Reusse reports the Metropolitan Sports Facilities Commission (MSFC) announced an agreement with the Vikings to build a terrace suite in the Metrodome’s right-field corner, which will duplicate one built in left field last year. The Vikings will “benefit $750,000 in the rental deal and also receive the revenue from high-priced seats in a second luxury suite.” The agreement calls for the Vikings’ rent for suite space “to be reduced from $900,000 to $400,000, and for an increase in the team’s concession take from 10 to 15[%] starting in 2006.” The Twins and the MSFC have yet to reach an agreement for usage of the luxury suites (Minneapolis STAR TRIBUNE, 1/27).

    NO MULTI-LATERAL TALKS: Pennsylvania Gov. Ed Rendell said that the agreement the Penguins have with Isle of Capri Casinos for a new arena “prevents the team from discussing alternatives with state and local leaders.” Rendell: “That leaves us at a serious disadvantage because we want to try to develop a Plan B to save the Penguins and to build the arena. But you can’t negotiate with yourself and obviously there has to be participation by the team.” Penguins Senior Consultant for Special Projects David Morehouse said that local and state politicians “have had plenty of time to discuss other plans” (PITTSBURGH POST-GAZETTE, 1/27).

    RACE TO THE FINISH: Texas Motor Speedway (TMS) will provide free audio podcasts to fans. The podcasts, titled Texas Motor Speedway’s Total Access Today, feature driver interviews and TMS news, and will be hosted by Brad Gillie. The podcasts will be available twice a week during the race season and can be downloaded from TMS’ official Web site, iTunes and TMS said it is the first major motorsports facility to do provide such a service (TMS)....Atlanta Motor Speedway (AMS) for $300 is selling fans the right to sponsor one of 325 laps during the NASCAR Nextel Cup Golden Corral 500 on March 19. Fans will have their names and lap number printed in the program if bought before February 17 and receive two pre-race pit passes and a commemorative certificate. The package also includes two tickets to the weekend’s Busch and Craftsman Truck races (AMS).

    Print | Tags: Anheuser Busch, Facilities, Minnesota Twins, Minnesota Vikings, NASCAR, Pittsburgh Penguins, Speedway Motorsports Inc.
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