Friday, March 30, 2007

Field of Schemes: Tiger Stadium back in limbo



Field of Schemes:

March 19, 2007

Tiger Stadium back in limbo

Score another one for Detroit's unchallenged title as vacant lot supplier to America: Nine months after Mayor Kwame Kilpatrick announced plans to raze most of the stadium and build condos in its place comes word that not a single developer has come up with a 'viable' plan to do so. The city still plans to go ahead and demolish the home of the Tigers from 1912 to 1999 - Detroit wouldn't let a little thing like a lack of a use for the land stand in the way of a good building-wreckin' - but without money from a developer, it's unclear where it will raise the cash to do so.

Detroit News blogger Richard Burr suggests another alternative:


Let's cut through the baloney and try something Detroit businessman Steve Thomas, who owns a sporting apparel and memorabilia store near the old stadium, proposed five months ago: Sell Tiger Stadium and its land to the highest bidder (see the proposal here). That group or individual could then closely assess the stadium's condition and decide how best to use the land.

It's an interesting idea, but it'll happen when Jose Mesa flies for one reason: Someone might try to buy Tiger Stadium to use as a baseball stadium, and Tigers owner Mike Ilitch would not be happy. And we can't have that."


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certainly must reads!

Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? Forbes.com 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land newsday.com 06.16.05 ● Ilitch Plans to Expand Casino Empire RGTonline.com 07.05.05 ● Ilitch outbids partners MichiganDaily.com 04.14.05 ● Ilitch enmeshed in NY casino dispute detnews.com 03.20.05 ● Marian Ilitch, high roller freep.com 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit rgtonline.com 04.16.05 ● Secret deal for MotorCity alleged freep.com 02.15.05 ● Los Coyotes get new developer desertdispatch.com 02.08.05 Detroit casino figure to finance Barstow project LasVegasSun.com 07.07.03 ● Indian Band trying to put casino in Barstow signonSanDiego.com 06.04.03 Pizza matriarch takes on casino roles detnews.com 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year Michigan.gov 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino detnews.com 05.23.99 Tiger ties tangle Marian Ilitch detnews.com 04.29.99 ● Three investors must sell their Detroit casino interests gamblingmagazine.com 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E detnews.com 04.25.99 Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy detnews.com 04.25.99 Can a pair win a jackpot?: local men hope to... crainsdetroit.com 03.17.97

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