SBD/Issue 52/Facilities & Venues

Facility Notes

Miami-Dade Official Feels Delay In Start Of
Marlins Ballpark Should Not Affect Overall Price
Miami-Dade County (FL) Manager George Burgess said that he believes the new 2012 opening date for the Marlins ballpark "won't add to the stadium's" $515M projected cost. Burgess said that the housing market slowdown "should lower the bid prices submitted by construction contractors, and the longer timeline may allow the stadium to avoid accelerated-construction fees that were necessary to achieve the 2011 opening." Meanwhile, the Marlins' lease with Dolphin Stadium expires after 2010, but Marlins President David Samson said that he and Marlins Owner Jeffrey Loria have spoken with Dolphins co-Owner Stephen Ross and "expect the lease will be extended through 2011." In Miami, Vasquez & Jackson note the Marlins also may need the Univ. of Miami's (UM) "blessing for another year at the stadium that the UM football program now calls home" (MIAMI HERALD, 11/26). In Ft. Lauderdale, Sarah Talalay wrote, "There's still a lot of work to be done, including completing definitive agreements spelling out the stadium's construction and financing details and then presenting them to Miami-Dade County and Miami city commissioners, expected next month, and putting them to a vote of commissioners, expected in January" (SUN-SENTINEL.com, 11/25).

BANK SHOTS: On Long Island, Wallace Matthews writes of Citigroup's 20-year, $400M naming-rights deal for Citi Field, "The Mets should be embarrassed to emblazon their new park with the name of an outfit whose players performed even worse than the team did last year." With the bank receiving a financial bailout from the U.S. government, the Mets "should be ashamed of using your money to advertise their (worthless) services." If the Mets had "any ethics, they would cancel the deal now and start looking for a sponsor that can actually pay its own bills." This is "just the latest chapter in two sorry histories, the first being that of the U.S. banking industry and the second being that" of the Mets (NEWSDAY, 11/26). Taxpayers For Common Sense VP Steve Ellis said Citi Field should be called “Taxpayer Field.” Ellis: “It’s really a lot about the ego of the company and whoever’s got the biggest stadium or the biggest sports event tied to them” (“Happy Hour,” Fox Business, 11/25).

SOMETHING TO BUILD ON: In Pittsburgh, Ron DeParma reports despite the current credit crunch, a "group of local banks is lending" $107.5M to help build Dick's Sporting Goods new HQs in Findlay, Pennsylvania. The project "will put a 730,000-square-foot complex on 116 acres in Findlay." The project is "expected to be completed by January 2010." Dick's employs about 950 people at its HQs in Findlay, and the project is "expected to add about 700 jobs over the next five years." The site "could expand to 1 million and possibly 2 million square feet of space, with a total of almost 2,000 jobs" (Pittsburgh TRIBUNE-REVIEW, 11/26).

Return to top

Related Topics:

Facilities

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug