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Ilitch reveals plan for new $450m, 18,000-seat Red Wings arena

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For those worried about how Detroit's bankruptcy might have an impact on the new arena deal, here is an interesting article. Granted, it was written before bankruptcy was filed, but it does answer some questions.

http://www.detroitnews.com/article/20130621/BIZ/306210043

What is Detroit doing?

In the same week that Emergency Manager Kevyn Orr details his restructuring proposal to off-load retiree health care to the feds and cut pensions — in or out of Chapter 9 bankruptcy — the Ilitch Family takes a big step toward its $650 million complex downtown, $283 million of it to come from public sources.

But the potentially jarring optics of this apparent contradiction are deceiving, especially when perception is willfully disconnected from reality.

The multi-use project, including a new 18,000-seat arena for the Ilitch-owned Red Wings, a hotel, offices and retail, does not depend on revenue from cash-strapped Detroit or beleaguered Wayne County, the two jurisdictions that would benefit most. Nor does it propose to levy new taxes or dump more debt on the city and county.

It does, however, represent a homemade phenomenon unspooling before our eyes: The very real threat of bankruptcy for Detroit isn’t slowing the pace of change and investment in the city. It’s turbo-charging it, chiefly because Orr and his team are acknowledging the depth of the financial crisis, sharing it with the public and moving to do something about it.

Now I guess we will see what bankruptcy actually does to these plans...

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Just an update:

Things are moving forward nicely for the most part. DDA and state have already given the OK and even the City Clowncil approved 2/3 of required motions with the third to vote in February.

Quick reminder, in order to begin building by next fall, all approval hurdles must be cleared by 1st of April.

Looking forward to this!

http://freep.com/localnews/article?a=2013312190244&f=1232

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Just an update:

Things are moving forward nicely for the most part. DDA and state have already given the OK and even the City Clowncil approved 2/3 of required motions with the third to vote in February.

haha! i see what you did there! ;)

so with this new arena supposedly being built what will happen with the Joe? Will it be demolished or will it turn into something useful like what Maple Leaf Gardens is now.

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haha! i see what you did there! ;)

so with this new arena supposedly being built what will happen with the Joe? Will it be demolished or will it turn into something useful like what Maple Leaf Gardens is now.

I think the most likely option is for the Joe to be demolished, so Cobo Hall can expand into that area.

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How does everybody feel about the Joe departing for a new rink? About time? Wish it was refurbished instead? Personally I'm disappointed because its one of the few remaining 'old school' rinks left that doesn't pander to the corporate 21st century. Bet you won't find such a great standing room section at the new rink......

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I don't get it, why not just renovate the Joe? The city is bankrupt and yet these idiots are fine with using tax payers money to support a billonair. Why not use your own money for stuff like that?

With that Wilson guy running the arena plans I don't have a lot of confidence in the new building, I'm sure it wont be named after a Detroit legend or the best owner in all of sports, it will be a name sponsored by whatever company is paying the most, filled with even more places for the damn suits and not enough room to stand up and cheer for the real fans.

Just look at Pittsburgh their arena is outstanding but 0 atmosphere and passion, thanks to the suits.

Edited by frankgrimes

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Agree that new arenas suck, but I can see why they went new.

Sometimes new construction is easier and cheaper than renovating buildings that are hopelessly out of date and far below code or amenities. Also, as stated, it helps reshape the city geographically, economically and image-wise.

Also, I think it's been established that the city isn't paying for this.

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I wanted them to keep the Joe and didn't like new arenas. Then I went to a game at the Staples Center, where in between periods you can actually go to the bathroom, get a beer and get back to your seat before the next period starts. Sight lines probably aren't quite as good as the Joe but they also don't have the death stairs.

To try and retrofit the Joe and bring it up to modern standards probably costs more than building a new one. Plus based on how they've talked about it, this is about much more than a new arena for the Wings. It would help create and expand an entertainment district downtown.

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Agree that new arenas suck, but I can see why they went new.

Sometimes new construction is easier and cheaper than renovating buildings that are hopelessly out of date and far below code or amenities. Also, as stated, it helps reshape the city geographically, economically and image-wise.

Also, I think it's been established that the city isn't paying for this.

Sadly the Joe is ~ 14 hours (plane) away from where I life so I don't know how "outdated" it really is, but I always wanted to visit it one day all the history, great memories and the rafters would be just awesome to see.

Sadly the city is paying some part of this, public money + private money + Olympia, acorrding to this article.

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