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Penguins find arena funds


mjcatl2

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..if they get the casino license. Of course someone is interested in stepping up if they have an easy cash cow like a casino. I am only surprised it took this long for such an announcement, but if they can truly make that portion of Uptown/Hill into a district instead of a sea of parking than I say that's a pretty compelling case....

http://www.post-gazette.com/pg/05355/625661.stm

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^^ doesn't suprise me one bit, of course this isn't quite in the bag yet, they could still "move", as I have said on many occasions the Pens and Pirates have threatened to "move" since the mid 70's and early 80's respectively. I would hate for our leaders to dismiss any threatened move, but for those on this board not used to the local sports scene the season the Pirates or Pens don't grumble about moving is the time to really worry, heck the Pens owner even grumbled about moving them during the 1991 Stanley Cup parade on an open mic! A few visitors to this board have held up this latest threat as proof postive that Pittsburgh is on the skids and that the move was already a conclusion, what has occured over the last few weeks happens almost every other season in Pittsburgh since 1973 and 1980 for the Pens and Pirates, we should take notice of them, but it's nothing too major, and it has always been worked out. That puts Pittsburgh way ahead of the Philadelphias, Clevelands, Baltimores, and Los Angeles' of the world in dealing with threats to their franchises.

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More info in today's paper...

http://www.post-gazette.com/pg/05356/626343.stm

The Pens have announced the other partner in this venture (Isle Of Capri, which is apparently a pretty big player in the gambling industry). This article also gives more details about the plan and what's going on. I think it sounds really well thought out, and I am keeping my fingers crossed.

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Anyone catch Savran On SportsBeat last evening? Bill Peduto gave one helluva verbal "hip check" to any yinzer or politician who try to denounce this plan! "Anyone who is against this proposal, is ore or less saying they want public money involved in building this badly needed arena"

My favorite part: "There's a couple of people saying we got to get another 'Plan B' in place for the Penguins. Why? - There's 'Plan A' sittin' right on the table!"

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  • 2 weeks later...

Anyone catch Savran On SportsBeat last evening? Bill Peduto gave one helluva verbal "hip check" to any yinzer or politician who try to denounce this plan! "Anyone who is against this proposal, is ore or less saying they want public money involved in building this badly needed arena"

My favorite part: "There's a couple of people saying we got to get another 'Plan B' in place for the Penguins. Why? - There's 'Plan A' sittin' right on the table!"

That is why I like Peduto. He is right on with this. Anyone who is against this plan is obviously not very informed about it. I keep seeing letters in that paper which are against a new arena, using arguments that are just totally incorrect (they think tax money would be used - wrong... they think it is just for the Pens - wrong...). I wish people would bloody well READ the papers before they send in these kind of letters. Talk about uninformed. Sigh.

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G,

I love your cockney accent in those posts (BLOODY WELL)! ;)

As far as the arena plan I am really liking it, and I do agree that part of Pittsburgh's problem is there is not enough (though the number is increasing) people that see the bigger picture or "across the bridge" so-to-speak. A new arena could add much to the rep of the city and community though not neccessary to lure in a NCAA tourny and big conventions, concerts etc. (Mellon Arena still works decently enough for those), it might be a big bonus to keep the ABA franchise going strong as well as increasing the Pens successes. I view it more in terms of what PNC did for the Pirates, TRS was still functional in many ways, but to be named the best summer cathedral by ESPN and get world recognition for the skyline shots, lure in a ASG and stabilize the hemmoraging Pirates was well worth it IMHO.

As far as the tax question goes how many are realizing that $90 million in escrow state funds could be freed up for the Pittsburgh region if IOC gets the license?

http://www.post-gazette.com/pg/05361/628314.stm

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Looks like Pens brass is inviting the city/county leaders on the road to Columbus for the upcoming Pens game to show them what PRIVATE financing of an arena has done to downtown Columbus. Nationwide Realty is hosting it, the folks behind Columbus' renewal and the ones hoping to get in on the action (along with Isle of Capri) to rebuild the lower hill in Pittsburgh . . . the best part of the article is when they recount how a decade ago "barhopping in downtown Columbus was non-existent" or something to that affect.

http://www.post-gazette.com/pg/06011/635718.stm

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