The massive entertainment complex surrounding the new Red Wings arena will cost around $650 million, $283 million, of which, will come from taxpayers.
Ilitch says a new Red Wings arena will open in 2017 and stands to have an $1.8 billion economic impact in the area, including 8,300 construction jobs and 1,100 permanent jobs.
If Bill Davidson could build the Palace of Auburn Hills on his own, why can’t Ilitch build his own arena?
Saying they tried but they couldn’t make it profitable, the Ilitch family announced Tuesday they will not renew a deal to run the entertainment at Detroit’s Masonic Temple.
Tigers and Red Wings owner Mike Ilitch says he wants to buy a third major professional Detroit sports franchise – the Pistons.
The Detroit Red Wings plan to play the 2010-2011 season at Joe Louis Arena as talks continue with the city about their home.