PanStadia & Arena Management Magazine is the undisputed world leader for the business of stadia, arenas, sporting events and venues on a global scale.

Ups and downs in facility projects September 2013

Building large public facilities like stadiums and arenas involves ups and downs for the developers, owners, local governments and communities in which they are being built. Here are some of this month’s ups and downs:

UP Chizkera Arena in Minsk Belarus has been allocated an extra Br180 billion according to Nikolai Butrim, Acting Chairman of the Construction and Investment Committee of the Minsk City Executive Committee.

DOWN Koja Stadium in Jakarta, Indonesia. Part of the in-construction structure collapsed, injuring six workers. Four have minor injuries, two have broken limbs.

UP Friendship Baptist Church sold its property for $19.5 million to make way for the construction of the Atlanta Falcons new stadium.

DOWN Chris Hansen and his political committee were fined $50,000 for not reporting his role in funding a petition drive to block construction of a basketball arena in Sacramento. Sacramento business is now busy petitioning for an arena.

UP and DOWN Democracy in action when the citizens of Zurich, Switzerland, rejected a plan to build a new soccer stadium (rendering pictured). See PanStadia & Arena Management Spring 2013 for the whole long and winding tale.