Tag

Stadium Authority

All articles tagged with #stadium authority

sports-and-recreation1 month ago•53 min saved

Las Vegas Stadium Authority OKs $75M Upgrade to Allegiant Stadium North Entrance

Las Vegas's Stadium Authority approved $75 million in public funds toward a $158 million upgrade to Allegiant Stadium’s north entrance, with the Raiders covering the rest. The project includes pedestrian and event decks, a plaza and transportation improvements to improve guest flow and keep the venue competitive for future events. Construction is planned after the Raiders' season with a target completion in late 2028 or before the 2029 Super Bowl, funded by surplus room-tax revenue.

via Yahoo|

#allegiant-stadium #las-vegas-raiders #north-entrance

politics4 months ago•5 min saved

Illinois budget moves forward while Bears stadium deal stalls

Illinois lawmakers passed a $55.9 billion budget but did not vote on a Bears stadium bill before adjourning. The Senate approved a modified plan to create a publicly owned stadium authority in Cook County to finance and lease a new Bears stadium, with the Bears financing construction, property-tax exemptions for the stadium, long-term bonds up to 40 years, and a STAR Bond District to spur development. The measure faces House inaction and opposition, while Indiana is courting the team with up to $1 billion in incentives; a special session remains uncertain.

via WTHR|

#arlington-heights #bears-stadium #hammond

politics4 months ago•3 min saved

Illinois weighs local stadium authorities to lure Bears with tax breaks

Lawmakers are crafting a plan to let local governments form stadium authorities that could shield the Chicago Bears from property taxes, aiming to keep the team in Illinois after a PILOT-style megaprojects bill collapsed; the proposal would resemble Indiana’s publicly owned, privately financed stadium model and may hinge on Chicago and Springfield support, with details not yet public.

via Capitol News Illinois|

#arlington-heights #bears #chicago