Wednesday, April 07, 2004
Handouts? Try Private Financing for Stadium
Charles Elmore of the Palm Beach Post urges the Florida Marlins to bridge the gap in their stadium financing with private money. The club says it can build a retractable-roofed park for $325 million, and Miami-Dade County's $73 million contribution is already on the table. That leaves $247 million -- less than the San Francisco Giants raised and/or borrowed to finance their park.
Elmore also notes that even if Jeffrey Loria breaks his promise by attempting to sell or move the Marlins, MLB won't abandon Miami-West Palm Beach, which is the nation's seventh largest TV market.
|
Charles Elmore of the Palm Beach Post urges the Florida Marlins to bridge the gap in their stadium financing with private money. The club says it can build a retractable-roofed park for $325 million, and Miami-Dade County's $73 million contribution is already on the table. That leaves $247 million -- less than the San Francisco Giants raised and/or borrowed to finance their park.
Elmore also notes that even if Jeffrey Loria breaks his promise by attempting to sell or move the Marlins, MLB won't abandon Miami-West Palm Beach, which is the nation's seventh largest TV market.
|
