Sunday, December 15, 2013

State would demolish Joe Louis under plan for new hockey arena

State would demolish Joe Louis under plan for new hockey arena | Crain's Detroit Business:
"The state will pay to demolish Joe Louis Arena after the Detroit Red Wings move into a new facility sometime in 2017 or 2018.
The hockey team has played at the city-owned arena since 1979.

News of the arena’s fate was disclosed Friday afternoon during a Downtown Development Authority special meeting to approve sending to the city council a concession management agreement between the DDA and Olympia Development of  Michigan for a new $650 million arena and entertainment district at I-75 and Woodward Avenue.
ODM is the real estate arm of the Ilitch family, who own the Detroit Red Wings."

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