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A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue. Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies. Funding for stadium ...
Little Caesars Arena; M. Michigan State Fairgrounds Coliseum; R. Recreation Park (Detroit) T. Tiger Stadium (Detroit) U. University of Detroit Stadium; W. Wayne State ...
See photos of the 10 most expensive NFL stadiums: At the moment, lawmakers have proposed using taxpayer money to build new NFL stadiums in at least three cities: St. Louis, Missouri; San Diego ...
In July 2014, Detroit's Downtown Development Authority announced TIF financing to build a new arena for the Detroit Red Wings. The total project cost, including additional private investments in retail and housing, is estimated at $650 million, of which $250 million will be financed using TIF capture to repay 30-year tax exempt bonds purchased ...
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Little Caesars Arena is a multi-purpose arena in Midtown Detroit.Opening on September 5, 2017, the arena, which cost $862.9 million to construct, replaced Joe Louis Arena and The Palace of Auburn Hills as the home of the Detroit Red Wings of the National Hockey League (NHL) and the Detroit Pistons of the National Basketball Association (NBA), respectively.
They are ranked by capacity, which is the maximum number of spectators the stadium can normally accommodate. All U.S. stadiums with a current capacity of 10,000 or more are included in the list. The majority of these stadiums are used for American football , either in college football or the National Football League (NFL).
Phase I is the stadium itself, which will cost $3.2 billion to build. Phase II consists of infrastructure improvements (public transportation, parking garages, parks) for the stadium and ...