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Tag Archives: downtown

Sacramento, Kings reach tentative arena deal

Sacramento officials and the owners of the Sacramento Kings (NBA) have reached a tentative deal on financing for a new arena in the city’s downtown area. The deal, still subject to final approval once the city’s part of the funding package is determined, calls for larger-than-planned contributions by the Maloofs, owners of the Kings, and arena-management firm AEG. For a ... Read More »

Detroit arena plan emerging: part of a larger mall complex?

With a ton of real-estate activity at the rumored site of a new Detroit Red Wings (NHL) arena, the talk is a new facility could be part of a larger mall complex. The area between Woodward Avenue and Cass near Temple, a blighted area, has emerged as a hot real-estate market in recent months, with several properties changing hands or ... Read More »

How realistic is Sacramento arena plan?

As more details emerge about a proposed Sacramento arena plan, it appear the city may ask more of the NBA’s Kings and take some facility revenue streams. Is this realistic? Though the financial cornerstone of the $387-million (or $400 million, depending on who you ask) funding plan is the sale of future downtown parking revenues for $200 million, the rest ... Read More »

Edmonton arena design: light, airy, open

{jathumbnail off} A future Edmonton Oilers (NHL) arena would feature a light and airy design, with plenty of places to grab a brew and watch a game, according to concept sketches released by ICON Venue Group. The renderings, presented to the Edmonton City Council this week, envision an arena with an open concourse, plenty of windows, fewer suites than the ... Read More »

Study: Cheaper to renovate Rupp Arena than to build new facility

This isn’t always true, but it makes sense: it would be cheaper to renovate Rupp Arena than to build a new downtown arena for the University of Kentucky Wildcats. Everyone agrees Rupp Arena in its present configuration is at the end of its economic life: Wildcats basketball is enormously popular, and there’s more money to be made in terms of ... Read More »

First look at proposed new Allentown arena

{jathumbnail off} Renderings and plans for a new Allentown arena to house the relocating Adirondack Phantoms (AHL) were unveiled by Mayor Ed Pawlowski yesterday. The plan merges the old — the former Dime Bank building — with the new in what was certainly a challenging downtown parcel. Because of changes in grade on the site, the front entrance will be ... Read More »

Edmonton approves Oilers arena deal

By a surprisingly wide 10-3 margin, the Edmonton City Council voted to move forward on a plan for a new $450-million Edmonton Oilers (NHL) arena, directing city staff to work out an agreement with the team. The funding plan was slightly tweaked before it was approved this afternoon. The base agreement remained the same. The Oilers would pick up $100 ... Read More »

Edmonton poised to approve Oilers arena deal

The Edmonton City Council could pass a proposed Edmonton Oilers (NHL) downtown arena deal this morning after hearing final testimony on the issue yesterday. The testimony split along familiar lines: local businesses saying investment in the downtown core would be beneficial to all, with some citizens opposed to any public spending on a sporting facility. The funding plan under consideration ... Read More »

Edmonton on verge of arena deal?

After years and years of talk and study, the Edmonton Oilers (NHL) are pushing the city to finally get an arena deal done by Halloween. The $450-million arena deal is amazingly similar to what was originally pitched years ago: the Oilers will put up $100 million toward arena construction and put money into downtown redevelopment. There’s still one big hole ... Read More »

Protesters object to Edmonton arena funding

It was a weekend for protests in Edmonton, as scores of protesters showed up to City Hall to object to public financing of a new Edmonton Oilers (NHL) arena without a referendum or other input. While we’re not sure there’s a groundswell of public sentiment opposing a new downtown arena — indeed, this story comes from a conservative newspaper and ... Read More »

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