Sports

Pontiac Silverdome’s Owner Seeks Tax Break

View Comments
Oct 2001: Pontiac Silverdome in Pontiac, Michigan. (Credit: Tom Pidgeon/Allsport)

Oct 2001: Pontiac Silverdome in Pontiac, Michigan. (Credit: Tom Pidgeon/Allsport)

PONTIAC, Mich. (AP) — The Pontiac Silverdome’s owner is asking for a tax break to help fix up the former home of the Detroit Lions so it can better host events.

The Oakland Press and The Detroit News report Toronto-based Triple Properties Inc. is seeking the break. The stadium could get a multi-million dollar overhaul. The process of reviewing the proposal begins Thursday, with a meeting that includes Pontiac’s state-appointed emergency financial manager.

The plan would need approval from emergency manager Lou Schimmel and the state. Schimmel says the city currently gets $95,000 a year in taxes for the property.

Triple Properties purchased the 80,300-seat facility in 2009 for $583,000. The Silverdome was home of the Lions until 2002.

Company chief Andreas Apostolopoulos wants to bring a soccer team to the venue.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,057 other followers