ilitch announces plans to build new arena
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12-05-2012, 10:17 AM
Join Date: May 2012
As much as I love the Joe and its quirks, the Wings are due for a new facility. If they are going to build one, I just hope to god that they do it right.
With a $650 million price tag, this thing doesn't get built without some sort of municipal finance component. I personally would give them their own special taxing district and allow them to charge a premium sales tax until they recover their construction and development costs. I would not want to see guarantees of sales tax revenues or up front capital from the city or state.
I will miss having a hockey-only facility.
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