SBD/July 10, 2013/Facilities

Facility Notes

In Minneapolis, Janet Moore reports a city committee yesterday "approved the concept" behind a $400M development "planned for a barren stretch of downtown Minneapolis near the new Vikings stadium." The City Council "will vote on the conceptual plan on July 19." Wells Fargo "appeared to move closer to confirming that it will be the corporate tenant and owner of the office towers" in the development (Minneapolis STAR TRIBUNE, 7/10).

GOODBYE DUBAI: ARABIANBUSINESS.com's Shane McGinley reported Dubai Holding has "confirmed it has 'dissolved' its partnership" with Tiger Woods. The branded golf resort, which Woods was paid $55.4M to "design and promote, has been permanently scrapped." Dubai Properties Group, a unit of Dubai Holding, announced in January '10 that it had "suspended work on the luxury Tiger Woods Dubai" course. The $1.1B project was announced in '06 and "originally scheduled to open" in September '09 (ARABIANBUSINESS.com, 7/9).

TIGER BY THE TAIL: In Florida, Tom Palmer reports Polk County commissioners yesterday voted 5-0 to contribute $14.6M in tourist tax funds "toward a plan to issue bonds to renovate Lakeland's Tigertown complex in an effort to keep" the Tigers at their Spring Training home. The Tourist Development Council "had recommended" $17M, but Lakeland officials "accepted the deal, promising to make it into a package that will be presented to the Tigers" (Lakeland LEDGER, 7/10).

CHECKING THE CLOCK: In Chicago, architecture critic Blair Kamin offers his "two-word take on the Cubs' move to stick an ad on the lovely circular clock" at Wrigley Field: "No way." Kamin: "The prospect of an ad (Rolex? Coke? Fritos?) marring that now-unsullied clock -- and the fact that Chicago's landmarks commission didn't erase the idea from the Cubs' sign master plan -- tells you everything about the team's brazenness and the commission's cluelessness" (CHICAGO TRIBUNE, 7/10).
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