Milwaukee-based Good City Brewering will "open a downtown taproom at a prime location in the entertainment block" outside the new Bucks arena. In Milwaukee, James Nelson noted Good City is the "first tenant announced by the Bucks development arm for one of the two buildings now under construction" just east of the $524M arena. A second tenant is "being sought for the south half of the building." Good City signed a "seven-year lease with the Bucks" (JSONLINE.com, 5/31).
THIS OR THAT: In Dallas, Chuck Carlton notes Baylor is "considering a facelift for the Ferrell Center or the possibility of a new basketball arena." The school is "looking at both plans." Baylor AD Mack Rhoades said that the school's board of regents has "given the approval to talk with potential donors." Baylor President Linda Livingstone said that a decision is "likely in the next year or two." Rhoades "estimated that a renovation" could run $75-80M and that a "new arena" would be about $50M more (DALLAS MORNING NEWS, 6/1).
FILL IN THE BLANKS: In Providence, Patrick Anderson in a front-page piece notes supporters of a new Triple-A Int'l League Pawtucket Red Sox ballpark financing plan "acknowledge several details -- including its exact cost -- need to be filled in." Rhode Island Commerce Secretary Stefan Pryor’s questions include whether investors will "buy stadium revenue bonds and how much higher borrowing costs for the state, city and PawSox will be under the plan, which does not include a state guarantee as the Senate bill passed earlier this year did." Rhode Island Public Expenditure Council Exec Dir John Simmons estimated that the "absence of a state guarantee could result in $300,000 to $800,000 in additional interest payments a year." He also "recommended lawmakers require the PawSox to stay in Pawtucket while the 30-year bonds are being repaid" (PROVIDENCE JOURNAL, 6/1).
