Tuesday, May 29, 2007

Swan song of summer (Metro Times Detroit)

Pulled from the August 2001 archives of the metrotimes

Swan song of summer :

RUMOR DEPT.
"Speaking of blights on the waterfront, a persistent rumor over the past five years has resurfaced once again: that the Ilitch folks are building a new ice arena to replace the aging, prematurely outdated blight on the water known as Joe Louis Arena, thereby allowing for the much-needed Cobo Hall expansion. Much of the speculation on where this new arena will be located has centered on the west of Woodward area behind the Fox et al, due in large part to the fact that Ilitch has amassed a considerable cache of property back there. But he also owns the old, decaying but once splendiferous United Artists theater, just off Grand Circus Park. The latest rumor has Ilitch tearing down the UA to build a new ersatz Olympia arena for the Red Wings, with possible involvement from GM (naming rights, anyone?). Well let me just put this rumor to bed ... for now at least ... as Al Sebastian of Ilitch Holdings has informed me, straight from Denise’s mouth, that there is “no truth at all” to the rumor, and they have no intention of building a new arena on the UA site “or anywhere else.” Forgive me if I’m a bit skeptical however ... it’s fairly common knowledge that the Red Wings are not staying put in JLA forever, so let’s just see how this all plays out."

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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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