Adelson Ready To Walk Away From Raiders Plan Developers Exploring Arena Near Scottsdale Facility Notes Hansen Group Offers To Fund Seattle Arena Privately Chargers Have L.A. Options If Ballot Measure Fails Yankee Stadium Adding Social Gathering Areas Plans Revealed For Phase II Of Ballpark Village Sources: Fortress Backing Lott-Raiders Group Facility Notes San Diego Voters Still Skeptical Of Stadium
SBD/May 16, 2014/Facilities
Published May 16, 2014
EAT A PEACH FOR PEACE: In Atlanta, Dan Klepal notes Cobb County officials on Thursday "released new projections for property and sales tax revenues" from the Braves' new ballpark and mixed-use development, saying that the venture "is a good investment that will bring in more dollars than property owners will spend on it." Cobb County Commission Chair Tim Lee said that the ballpark will generate $4.8M in "sales and property taxes in 2018, while the team's private development of shops, restaurants, offices and hotel will bring in another" $7.8M in the same year (ATLANTA JOURNAL-CONSTITUTION, 5/16).
WHEN I PAINT MY MASTERPIECE: In K.C., James Dornbrook noted the Chiefs' new Art Program was created because Arrowhead Stadium has a year-round meeting area with "huge empty spaces and long bare walls," and the Chiefs "want it to be an attractive space." Chiefs Chair & CEO Clark Hunt's sister, Sharron Hunt, "serves as the chairperson of the arts program." She assembled a council of "leading art experts" in the K.C. area, which "put out a call for artists in June 2012, seeking to commission work specifically" for the stadium (BIZJOURNALS.com, 5/14).