Two points before I leave this thread:
1). Since you did introduce facts [[a good thing): I assume that we are talking a contribution from the city of 350M. 250M + 62M [[your figures) + [[say) 38M [[for the city to acquire properties for this development that the Ilitches did not have).
That is a good baseline against which to evaluate this huge project. So Ilitches may spend 1.2B over the next few years. Balance that against 350M the city puts up.
Compare what Detroit is getting for their $ compared to what other cities got [[or will get).
2). I am VERY familiar with sports facilities in D.C. Nationals Park, a new soccer stadium for D.C. United [[broke ground late last year), new Wizard practice facility/WNBA arena, etc. I follow them like I follow what is happening at Fisher/Woodward.
Comparing and contrasting those projects, I'd think the folks in D.C would be ENVIOUS of what Detroit is getting and what it is costing the city. [[D.C. and D.C. United are essentially splitting the costs 50 - 50 on a new soccer only stadium costing around 300M).
And Nationals Park and the basketball stuff for the Wizards/WNBA Mystics are a bad deal for the city. I don't believe the Lerner family contributed a dime to Nationals Park. They were close to 'greedy bastards' as they were not happy with the city after the city spent I believe 700M on that park [[I don't count roads, etc.). They nit picked it [[this wasn't finished on time, threatened to sue the city, etc.).
I honestly [[!!) believe Detroit is getting one of the best deals in sports facilities financing...
Nationals Park [[from Wikipedia): "to cost $611 million[11] but eventually cost $693 million[3] to build, with an additional $84.2 million spent on transportation, art, and infrastructure upgrades to support the stadium for a total cost of $783.9 million."
D.C. United's stadium [[300M split essentially 50 - 50):
http://www.bizjournals.com/washington/breaking_ground/2015/06/d-c-united-stadium-takes-a-key-step-forward.html
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