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Bucks Owner Herb Kohl Committed To New Arena, Keeping Team In Milwaukee
Published June 4, 2013
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STUDY GROUP: Metropolitan Milwaukee Association of Commerce President Timothy Sheehy yesterday said that he expects to "name a panel of business leaders later this month which will work with the MMAC to gather facts related to a new, multipurpose arena." In Milwaukee, Wolfley & Gardner note the group is expected to "study whether a new arena is needed, where it might be located and how construction would be financed." The group also is expected to "study whether a makeover of the BMO Harris Bradley Center is feasible." No decisions have "been made on the best way to finance a new multipurpose arena, although some business leaders have suggested enactment of a sales tax could be used to finance not only a new arena, but help other cultural institutions in the region." Kohl has said that he will "make a significant personal financial commitment toward a new arena." But Kohl has "not said how much that commitment would be" (MILWAUKEE JOURNAL SENTINEL, 6/4).