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 […]
Tag Archives | downtown
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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. […]
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. […]
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 […]
Sioux Falls arena vote could go to vote this fall
A vote on a controversial events center and arena in Sioux Falls could be presented to the electorate this fall, as Mayor Mike Huether continues his mission to build next to the current arena/events center complex, rather than downtown. Huether and a local group have been sparring over the location of the new facility: Build […]
Report: New arena needs 30-year commitment from Oilers
{jathumbnail off} If a new downtown Edmonton arena is to work, the city needs a 30-year commitment from the Edmonton Oilers (NHL), measurable targets for revenue from concerts and other events, and a specific number of days the facility can be used by the community, according to a report released by city officials. The report, […]
