Detroit Red Wings Get New $444 Million Taxpayer-Financed Stadium While the City Goes BankruptThe Epoch Times
Jul. 27, 2013
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Detroitís $444 million arena is still being built, a report says, amid the cityís attempts to declare bankruptcy.
The construction of the arena, which is funded by taxpayers, is for the Detroit Red Wings, according to CNN. Proponents of the arena have said the arena is needed to spur economic development, including jobs and private investment.
ďI know thereís a lot of emotional concern about should we be spending the money,Ē said new Detroit emergency manager Kevin Orr. ďBut frankly thatís part of the economic development. We need jobs. If it is as productive as itís supposed to be, thatís going to be a boon to the city.Ē