PEROT BUYS LAND NEAR ARENA SITE; STILL LOOKING FOR MORE
Mavs Owner Ross Perot Jr. has gained control of a "key
tract of land" near the planned sports arena site, "leaving
only a handful of small parcels in the area that could face
city condemnation," according to Robert Ingrassia of the
DALLAS MORNING NEWS. Perot's Hillwood Development Corp.
signed a contract to buy 8.5 acres north of the arena site,
and is "seeking about 7 additional acres for parking west of
the arena." In addition, the official election results were
released on Wednesday. The arena plan received 62,880
votes, while 61,238 voted against it (MORNING NEWS, 1/22).