A's Settle 10-Year Lease Extension With Oakland Bank Of America Stadium Expands Hosting Options LSU To Make $14M Off Tiger Stadium Expansion MLS Facility Notes Red Wings To Market New Venue At Comerica Broward County Hopes To Land MLS Stadium Cubs To Open Jack Daniel's Patio At Wrigley Falcons Release Video Touting New Stadium Facility Notes Plans Unveiled For Red Wings' Arena, District
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SBD/January 21, 2011/Facilities
Published January 21, 2011
DEBT NEARLY PAID OFF: In Green Bay, Richard Ryman reported the Green Bay/Brown County Professional Football Stadium District Wednesday said that it will pay off $22.5M in bonds on Feb. 1, leaving $18.5M "in debt on the 2003 renovation of Lambeau Field." Stadium District Exec Dir Patrick Webb said that the plan is to "pay off the remaining debt by Aug. 1." The district "must then set aside money for mandated operations and maintenance costs of the stadium through the end of the lease" with the Packers in '31. Webb said that he "expects to terminate the 0.5 percent Brown County sales tax, which is paying for the bonds," by '15 (GREEN BAY PRESS-GAZETTE, 1/20).
KEEPING OPTIONS OPEN: In Baltimore, Ryan Sharrow reported MLS DC United President & CEO Kevin Payne "expects to meet soon with city and state officials to talk about the potential of a new waterfront soccer stadium in Baltimore for the franchise." Baltimore developer Pat Turner "envisions building a nearly 20,000-seat stadium for the franchise as part of his 42-acre Westport development" off I-95. Payne said that the team "would be looking for a public-private partnership to make the project work." Sharrow noted reports surfaced this week that the team is also "scouting four sites in DC for a potential home" (BIZJOURNALS.com, 1/20).
HOME IMPROVEMENTS: Red Sox President & CEO Larry Lucchino said that the club "will 're-examine' plans to expand the Fenway Park bullpens next winter." The project "would require the right-field fence to be brought in by at least 9 feet." Lucchino added that the team already has "gotten approval for $40 million worth of renovations to Fenway, including three video boards in center field" (BOSTON HERALD, 1/21).