Detroit Council OKs Land Transfer For New Arena - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Detroit Council OKs Land Transfer For New Arena

Posted: Updated:

DETROIT (AP) - The Detroit City Council has voted 6-3 to approve transferring vacant city-owned parcels for a new hockey arena and a 45-block entertainment complex just north of downtown.

Once complete, the 18,000-seat arena will become home to the Detroit Red Wings who will move out of aging Joe Louis Arena.

The transfer approved Tuesday is the third part of council action on the $650 million project. In December, the board OK'd financing for the project and broadened the boundaries of the city's Downtown Development Authority.

The authority would own the arena and event center. Olympia Development would have exclusive rights to use, manage and operate it, and hold naming rights.

The Ilitch family owns Olympia Development and the Red Wings.

Powered by WorldNow

2820 East Saginaw Street,
Lansing, MI  48912

Telephone: 517.372.8282
Fax: 517.372.1507
Email: webmaster@wlns.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Lansing, Inc. A Media General Company.