Detroit arena costs up $105 mil­lion

Toronto Star - - SPORTS -

DETROIT— Of­fi­cials say the cost of build­ing the Detroit Red Wings’ new arena has jumped by $105 mil­lion to nearly $733 mil­lion. The city’s Down­town Devel­op­ment Author­ity said the re­vised es­ti­mate to build the Lit­tle Cae­sars Arena for the NHL team re­flects the spe­cific cost of ma­te­ri­als, per­mits, de­sign re­fine­ments and sub­con­trac­tor agree­ments. Olympia Devel­op­ment, which will be con­struct­ing and man­ag­ing the arena, will be re­spon­si­ble for the in­creases.

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