News

The former Joe Louis Arena parking garage traded hands in late May for $30 million after its previous owner defaulted on a land contract.The Detroit Regional Convention Facility Authority, which ...
The land beneath the arena and the parking garage were given to bond insurer Financial Guaranty Insurance Co. The New York firm was a major creditor that lost $1.1 billion in the bankruptcy.
Clarksville Mayor Joe Pitts has the parking question to contend with, among many other challenges in a rapidly-growing city, amid his bid for re-election to a second term on Nov. 8.
The city is to hand over title to the arena site and garage once the demolition work is done. The former home ice of the Red Wings, Joe Louis Arena opened in December 1979 and held its final event ...
The arena site and parking garage were part of Detroit's exit out of Chapter 9 municipal bankruptcy in 2014. The city agreed to give the properties to FGIC, a major creditor in the city's ...
An unidentified local development group would like to buy the Joe Louis Arena site and the parking garage for their own project. The property is no longer wanted by bond insurer Financial Guaranty ...
City-owned Joe Louis Arena and its enormous adjacent parking garage opened in 1979 at a cost of $58 million that was entirely funded by the city to replace ancient and smelly Olympia Stadium.
The city of Detroit plans to spend $2.76 million to reopen the 40-year-old Joe Louis Arena parking garage.City Council on Tuesday approved a contract for the capital improvements that will be ...
The last public event at Joe Louis Arena was the WWE's SummerSlam in late July 2017, where wrestling superstar John Cena body-slammed a 304-pound Bulgarian through a wooden cafeteria table.
The city is financially responsible for the arena's demolition under a deal with a former creditor, New York-based Financial Guaranty Insurance Co., which accepted future ownership and development ...
For the fans who claim Joe Louis Arena's history should be enough to keep the Red Wings there, I will only say this: The Colosseum is a historic building for sporting events as well, but I'd never ...
Fans can buy a seat for as low as $150 per seat, and season ticket holders can own their seat from Joe Louis Arena for $200. Joe Louis Arena was the Red Wings' home from 1979-2017.