Charlotte Considers MLS Stadium Plan Fresno State Plans Renovations For Stadium IU AD: Assembly Hall Project On Track Facility Notes Red Wings Form "Deconstructed Arena" Concept Several Venues Considered For Temporary NFL Stay Experts Scoff At Proposal For Raiders' Stadium Redskins Making Additions To Practice HQ Nissan-Titans Deal At Least $5M Annually Tribune Weighs In On Wrigley Renovations
SBD/March 3, 2011/Facilities
Published March 3, 2011
THANKS, BUT NO THANKS: In St. Paul, Charley Walters reports Twins Owner Jim Pohlad, despite contributing $2M toward a new on-campus baseball field at the Univ. of Minnesota, "insists it not have the Pohlad name attached." The $7.5M project, which still needs $3M to begin construction, "will remain Siebert Field" (ST. PAUL PIONEER PRESS, 3/3).
ADDING IT ALL UP: Construction costs for the MLS Dynamo's new stadium are expected to total $77M, which will be financed in part by equity from the club's ownership group, a Tax Increment Reinvestment Zone jointly funded by the City of Houston and Harris County, and Texas Southern Univ. The remainder will be covered by a $33M construction loan, 21% of which is financed by Green Bank (Green Bank).