Cavs "Quietly" Sought County Funds For Arena Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center Gillette Stadium Adds Cross Insurance Pavilion NASCAR HOF Sponsors Revenue Plummets Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings Wisconsin Gov. Proposes Bucks Arena Funding Inglewood Likely To Vote On Proposed NFL Stadium
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SBD/June 22, 2011/Facilities
Published June 22, 2011
is expected to take about 18 months
CITY CONQUERS THE LIONS: In Toronto, Doolittle & Rider reported Toronto Mayor Doug Ford and his Exec Committee have "approved a city takeover of the debt-ridden Lakeshore Lions Arena, but they want the name and logo" of arena operator the Lakeshore Lions Club "stripped from the building." Toronto City Council member David Shiner said, "There has to be a price for making a mistake." The issue "will now go to council, where the takeover is expected to be approved." The city would then "assume the lease and keep operations running over the short term," and "once things have stabilized, the city would find an outside operator to take over." Doolittle & Rider noted the arena is the "practice rink" for the Maple Leafs and AHL Toronto Marlies (TORONTO STAR, 6/21).
TAKING TO THE ROAD: Castrol Raceway President & co-Owner Rob Reeves yesterday announced the "beginning of the long-proposed road course" at the track, and said that it is "purely a private enterprise." Reeves noted the construction is a C$3M venture that will include "no public money." The track is "looking at autumn as the target for the first half of the winding course." Reeves said the plan is for "half of it to be completed by September, and the other half the following year" (EDMONTON SUN, 6/22).