“The Tigers’ home stadium Comerica Park, which opened in 2000, was built at a cost of $300 million, 38 percent of which was publicly financed. Ford Field, the Lions’ domed stadium, was built next door to Comerica and opened in 2002 at a cost of $430 million, 36 percent of which was publicly financed. A state board recently approved issuing bonds to help pay for a new arena for the Red Wings at the heart of a proposed 45-block entertainment district just north of downtown. The total project is slated to cost $650 million. About 44 percent of the project would be financed through public sources.”
In cash-strapped Detroit, few critics question new sports arena funding
- Post author:The Freedom Watch Staff
- Post published:July 29, 2013
- Post category:Network Archives
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The Freedom Watch Staff
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