Originally written on The Majors Detroit  |  Last updated 11/14/14
Tuesday, Olympia Development a holding of Mike Ilitch proposed a new $650 million dollar entertainment district that would include a “new, state of the art, multi-purpose events center.” (or in other words an arena) according to the Detroit Free Press. “We have a tremendous opportunity through a large-scale project to make a positive impact on our community,” said Christopher Ilitch, president and CEO of Ilitch Holdings, Inc. “A project of this magnitude requires continued due diligence and a strategic partnership with the public sector. Working together we can ensure this opportunity connects Detroit’s existing set of initiatives and assets strengthening the downtown core and enhancing the image of our city, state and region.” Eric Larson, a non-executive president of Olympia Development stated that the project would end up creating 1,000 annually as well as an annual economic impact of $210 million dollars. “The building of an events center district will create over 5,500 jobs fo...
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Brock Lesnar attends UFC 184, keeps MMA rumors alive

Ronda Rousey beats Cat Zingano in 14 seconds

Dick Vitale will not call Duke-UNC rematch either

PHOTO: Auburn coaches, players wear ribbons for Mason

Dustin Penner apologizes after sending rape joke on Twitter

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Cowboys to use franchise tag on Dez Bryant

Report: Panthers officially parting ways with Greg Hardy

Could the Eagles release LeSean McCoy?

AEG: Inglewood stadium would be a terrorism target

Former Knick Anthony Mason dies at age 48

Report: Blackhawks, Caps discussed Patrick Sharp trade

WATCH: NIU C brings down basket on dunk

McCown plans to embrace mentoring role with Manziel

Chris Sale out three weeks with foot injury

NHL analyst calls out media over Blackhawks report

Alabama recruits aim to bring the dynasty back

WATCH: Jon Jones, Rumble Johnson prank Dana White

Anthony Mason: The most 'New York' of the 90's Knicks

Ray Rice addresses domestic violence case, his future & more

Kentucky raffling off Wildcats-themed motorcycle

WATCH: Montrezl Harrell throws down monster alley-oop

WATCH: Tyler Hansbrough, Festus Ezeli ejected for fight

WATCH: Russell Westbrook literally gets dent in his face

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Brock Lesnar attends UFC 184

Rousey beats Zingano in 14 seconds

Anthony Mason: The most 'New York' of the 90's Knicks

Could Eagles release LeSean McCoy?

AEG plays dirty with Inglewood stadium

Anthony Mason dies at age 48

Westbrook got dent in his cheek

Earl Lloyd and basketball’s cruel February

WATCH: Barkley rips analytics again

A-Rod: A con man returns to baseball

Bostick death threats show why some fans take sports too seriously

Russell Westbrook is surging into the MVP conversation

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.