Dec 4, 2012, 4:32 PM EST
Red Wings ownership is proposing a $650 million development for downtown Detroit that would be anchored by a new arena for the NHL club.
The development being pitched to state lawmakers would be a public-private partnership that includes both commercial and residential components. Otherwise, details are scant.
“It’s always been my dream to once again see a vibrant downtown Detroit,” said Wings owner Mike Ilitch in a press release.
A new downtown home for the Wings has been the subject of speculation for years. The team’s present home, Joe Louis Arena, opened in 1979, making it the fourth oldest arena in the league.
The oldest arena in the NHL is Madison Square (1968), which is currently undergoing an extensive renovation.
The second oldest is Nassau Coliseum (1972), home of the Islanders, who will be moving to a new building in Brooklyn in 2015.
The third oldest is Edmonton’s Rexall Place (1974). The Oilers are also hoping to build a new downtown rink, though plans have recently hit a snag.
- Flyers keep faint playoff hopes alive with win over Rangers 18
- Trade: Blackhawks acquire Vermette from Arizona for Dahlbeck, first rounder 48
- Jagr earns high praise in his Panthers debut 0
- Bruins maintain four-point edge in playoff race, hand Coyotes ninth straight loss 4
- NHL on NBC: Rangers look for a fourth straight win against the Flyers 7
- Ducks score four third-period goals, come back to beat rival Kings 9
- Blackhawks aren’t done talking trades, will look to add another forward 13
- Flyers trade Kimmo Timonen to Blackhawks 39
- Video: Couture fined $5K for slew-footing Smith 22
- Time to start winning — Bruins’ next four games are against non-playoff teams 17
- Petrovic: Chicago will ‘probably seek revenge’ for Kane injury tonight (82)
- Report: Alex Petrovic avoids discipline after injuring Patrick Kane (69)
- Trading baggage: Blue Jackets grab Clarkson, send Horton’s contract to Leafs (66)
- Lindros files $3M defamation lawsuit against ex-referee Stewart (Updated: Now $250K) (65)
- The plummeting Coyotes are threatening to fall below the Oilers into 29th place (55)