Oakland Teams Still Searching For New Venues Orlando City SC Backs Off From Park Demands Facility Notes Wolff Considering Temporary Bay Area Ballpark Royal Caribbean Against PortMiami MLS Stadium City Of St. Paul Approves Downtown Ballpark One Daytona Scores Another $20M Grant UK To Ink Long-Term Rupp Arena Lease Questions Arise On Soldier Field Expansion 49ers Set Low Prices For Stadium Debut
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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).