Blackhawks Building New Practice Facility Jax Mayor Wants Financial Assurance For Shipyards TCU Basketball To Play In Schollmaier Arena Alameda County Wants Out Of Coliseum Deal Bucks Turn To County For Arena Land Deal Atlanta MLS Club Nears Deal For DeKalb HQ Facility Notes San Diego Pitches Chargers Plan To NFL A's Reportedly Holding "Positive" Ballpark Talks Indians Eye More Ballpark Renovations
SBD/July 12, 2013/Facilities
Published July 12, 2013
WORD IS BOND: In St. Louis, David Hunn reports St. Louis Regional Convention & Sports Complex Authority board Thursday "unanimously approved" a resolution to refinance bonds for the Edward Jones Dome. If bond rates "do not rise too much higher, the refinancing should close in August." The move "should save the state of Missouri about $8 million and St. Louis County about $4 million, and earn as much as $300,000 for the Dome itself" (ST. LOUIS POST-DISPATCH, 7/12).
ALL IN THE FAMILY: In Detroit, Louis Aguilar cites sources as saying that there is a "good chance much of the $200 million of development intended to be built around" the new Red Wings arena "could end up on land controlled" by team Owner Mike Ilitch. Public records show that "much of the property is clustered behind Ilitch’s Fox Theatre headquarters between Grand River and Grand Circus Park." A "good deal of that land is surface parking lots and empty historical buildings, which has made the Ilitch organization the target of criticism through the years for sitting on the property" (DETROIT NEWS, 7/12).