Unions, Inglewood NFL Developers Reach Deal Bucks Developing Master Plan For New Arena Reds Install Self-Ordering Kiosks Manfred Mum On Rays' Ballpark Situation Olympia Tweaks Red Wings Arena Project Vikes Selling Personalized Bricks At New Venue NFL May Move Up L.A. Stadium Timeline LSED OKs Upgrades For Saints, Pelicans Packers Making Suite Windows Retractable Wrigley Renovation To Take Extra Year
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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).