New Red Wings Arena To Be Built
Thu, 20 Jun 2013 02:07:10 EDT
The Detroit Red Wings and city officials have announced a $650 million plan for
a new arena for the NHL team in the citys downtown entertainment and sports
The plan by Olympia Development - which officials say would be supported by 56
percent in private money and 44 percent in public funding - includes an
18,000-seat Red Wings arena along Woodard Avenue, just north of the Fox Theatre.
Thats near I-75 as well as the Detroit Tigers Comerica Park and the Detroit
Lions Ford Field.
Red Wings and Tigers owner Mike Ilitch has long said that he wants a replacement
for the 32-year-old Joe Louis Arena.
Along with the multipurpose event center, plans for the entertainment district
also include housing, office and retail space.
George Jackson, president of the Detroit Economic Growth Corporation, says he
hopes to wrap up negotiations by the end of the year so that construction can
begin on the project.