The Detroit Tigers and mayor Dennis Archer announced plans todaBRIAN S. AKRE , Associated Press
Oct. 27, 1995 2:46 PM ET
DETROIT (AP) _ The Detroit Tigers and mayor Dennis Archer announced plans today for a new $235 million stadium in downtown Detroit.
The park, which will have natural grass, will seat 42,000.
The stadium will be built without any expenditures from the taxpayers' general fund and without new taxes, Archer said at a news conference.
The stadium, including private suites, club-level seating, picnic and concession areas and retail areas, is expected to open for the 1998 season.
The deal also guarantees the Tigers will stay in Detroit until at least 2033.
Financing includes $55 million from the state Strategic Fund, $40 million in Downtown Development Authority bonds and $145 million from the Tigers and owner Mike Ilitch.
The deal also requires Ilitch to kick in $2 million for demolition or maintenance of the old ballpark and 50,000 free tickets a year in the new place for disadvantaged children.
``This deal will be the model for financing future stadium construction projects well into the 21st century,'' Archer said. ``Together, Mr. Ilitch and the city have shown just how well government and business can work to achieve common goals.''
``This will get the city really moving,'' said Ilitch, the Little Caesars pizza baron who has been heavily involved in several downtown Detroit redevelopment projects. Ilitch also owns the NHL's Detroit Red Wings.
Ilitch said he envisions the stadium as part of a larger sports-entertainment project for downtown Detroit. The site for the new stadium is near Ilitch's restored Fox Theatre.
``We will bring people in here and we'll have a combination of national, regional and local operations that will give it the right blend, the right excitement, that will make the type of entity I think our state, our city and our county can all be proud of,'' Ilitch said.
The agreement still needs action by the City Council, but officials say the council is expected to support it.