REDSKINS' COOKE ABANDONS LAUREL SITE; POLLIN NOT BUDGING
Redskins Owner Jack Kent Cooke last week decided to "give
up" on plans to build a stadium at Laurel, MD (Jon Morgan,
WASHINGTON TIMES, 5/27). Cooke has now turned his sights on a
proposed area in Prince George's County, MD, known as Wilson Farm
-- a site that MD Gov. Parris Glendening said that he would
"enthusiastically support" if local officials "overcome
transportation and environmental concerns." Glendening declined
to discuss how much state aid might be needed to build roads for
the proposed site, but sources said Cooke is seeking about $70M.
Glendening also believes that officials "could resolve questions"
concerning prehistoric fossils that have been found on the site
(Charles Babington, WASHINGTON POST, 5/27).
POLLIN THREATENS TO PULL OUT: Capitals and Bullets Owner
Abe Pollin says he will "abandon his plans" to build a downtown
arena in DC if he is asked to move from Gallery Place or to alter
the arena's design. The U.S. Commission of Fine Arts recently
issued a report suggesting that the arena be built elsewhere.
Speaking with commercial real estate brokers recently, Pollin
"forcefully rejected" that idea: "I will not move this arena one
inch. If they want me to move it again, I'll move it out of the
District" (Thomas Hall, WASHINGTON BUSINESS JOURNAL, 6/1 issue).