Good News for Magic Fans
July 31st, 2007
Last Friday Whit Watson reported promising news for Orlando Magic fans:
So said Alex Martins, the COO of the Orlando Magic, after Thursday night’s gut-wrenching 5-2 affirmative vote by the Orange County Commission. The plan, as we all know by now, is to tap into the county’s Tourism Development Tax, or TDT, to help fund a new downtown arena, a performing arts center, and a refurbishment of the aging Citrus Bowl. Total value of all three projects will escalate well north of $1 billion dollars, with a sizable chunk of that money coming from the hundreds of thousands of tourists who pass through central Florida each year.”
The move should help improve the Orlando downtown area considerably while increasing attendance and season ticket sales, which the Magic desperately need after handing their god awful Rashard Lewis signing.
Tickets
Click here to get Orlando Magic Tickets
Source
http://whitwatson.sunsportstv.com/2007/07/visions-and-venues.html
Nats New Stadium Still On Time
July 12th, 2007
Despite having to cut through a slew of bureaucracy in the world’s rep tape capital, Washington DC, Clark/Hunt/Smoot
has surprised critics and fans alike with the so far successful construction of the Washington Nationals’ new stadium. Nats fans have been eagerly awaiting the new stadium, which has yet to be named, as the Nationals current residence, RFK Stadium, shares far too many traits with the Oakland A’s McAfee Coliseum - old, smelly, gray, and in a shady part of town.
Tickets
Click here to get Nats Tickets
Source:
http://tinyurl.com/3bdbos
Further reading:
http://www.jdland.com/dc/stadium.cfm
Cisco Field Information
July 12th, 2007
Team: Oakland Athletics
Cost: $500 million
Construction Time Line: The stadium is expected to be open for the 2011 season.
About the Project: The A’s are constructing a 32,000-seat baseball park on a 143 acre site.
Location: Fremont, CA 94601
Along Interstate 880, south of Auto Mall Parkway.
News: (from 5/10/07) Oakland Athletics owner Lew Wolff, Cisco and ProLogis announced land agreements were finalized enabling the Cisco Field ballpark process to move forward.
(from 1/29/07)
Lewis Wolff presented plans to the City Council on 1/16/2007. Opponents of the porject include environmentalists concerned about the plants and animals in the area. Additionally, numerous Oakland fans feel the team should remain in the city of Oakland.
Commentary: Anyone who has ever been to the A’s current home, McAfee Coliseum, knows the A’s are in dire need of a new stadium. Cisco Field shouldn’t disappoint as it is going to be one of the most technologically advanced stadiums in the world featuring: personal LCD screens, angled seats, state of the art video screen as well as multiple “seating neighborhoods”.
Tickets
Click here to get A’s Tickets
Wager
Click here to bet on the A’s
Further Reading
http://www.ballparks.com/baseball/american/oakbpk.htm
http://oakland.athletics.mlb.com/oak/ballpark/new/index.jsp
Orlando Magic Construction Update
June 6th, 2007
Cost: Approximately $480 million.
Construction Time Line:
6/2007 - 10/2010
The arena is expected to open for the Orlando Magic’s 2010 season.
Project Details: Plans call for a 35,000-seat, 700,000-square-foot arena on six acres for the Orlando Magic.
Location:
Orlando, FL 32801
At the intersection of West Church Street and Hughey Avenue.
News & Notes
The development plan was agreed to by the city and local leaders on 9/29/06. A renovation of the Citrus Bowl and a new Performing Arts Center were also approved with the project as part of a downtown redevelopment. The Magic’s owner, Richard Devos, has pledged $104.5 million for the construction of the arena and has promised to pay for any costs above the $480 million benchmark. Most of the money for the project will come from tax dollars. The Arts Center and Citrus Bowl will be linked by a Downtown corridor, in development as of October 2006. The Magic have signed a 25-year, $12-million lease on the facility and have agreed to pay the lump sum in advance. Additionally, the Magic’s old arena, TD Waterhouse Centre, is expected to be demolished and redeveloped as a mixed-use project.
Commentary
Rich Devos should expect to pay more than his initial $104.5 million dollar pledge. When’s the last time an arena/stadium even made its budget? Despite this, the stadium should be spectacular when finished.
Tickets
Click here to get Orlando Magic tickets
Further Reading
http://thesportsbizblog.blogspot.com/2006/10/magic-to-get-new-arena-in-o-town.html
http://www.projecthometown.com/pages/Default.aspx?cc=sports_events_center





