Dynamo stadium

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Dynamo stadium

Postby scottm » Tue Mar 24, 2009 9:35 pm

Financing for Dynamo stadium nearly a done deal
http://www.chron.com/disp/story.mpl/sports/6337950.html

Dynamo ownership has all but secured all of the financing needed for the construction of an $80-million soccer stadium just east of downtown and plans to break ground on the project as early as this fall.

"We have some I's to dot and t's to cross, but things are looking very favorable," Dynamo president Oliver Luck said Tuesday. "It's not a done deal, but the principal points have been agreed upon."

Dynamo co-owners Anschutz Entertainment Group, Brener International and boxer/promoter Oscar De La Hoya have secured financing totalling about $20 million on behalf of the City of Houston and Harris County through Spanish bank BBVA/Compass.


:D
Scott
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