The Milwaukee Bucks are one step closer to remaining in Wisconsin after the state voted this week in favor of spending $250 million in public funds on a new arena, according to ESPN.
BD+C has covered the proposed arena. Created by Milwaukee firm Eppstein Uhen Architects and global firm Populous, the venue will be built in downtown Milwaukee. Its design draws inspiration from both Lake Michigan, which borders Milwaukee, and from aspects of basketball, like high-arcing free throws. It is estimated to cost $500 million.
Funding a new arena has been an issue for the small market NBA team. Billionaires Wesley Edens and Marc Lasry purchased the Bucks in 2014 with the vow of keeping the team in the city. The NBA, however, said that the Bucks would need a new arena plan in place by 2017. Without a deal, the league would buy back the team and re-sell it, possibly to owners who would relocate it to either Seattle or Las Vegas.
Residents that opposed the arena plan cited the problems that arise when the government financially supports private sports entities, and referenced Miller Park. The Milwaukee Brewers' retractable roof stadium was publicly funded. Built in the late 1990s, it is still being paid off today.
The upside to a new arena is that the state still gets to recieve income tax from players and staff, and that the venue could bring new development, like entertainment and commercial spaces, residential buildings and parking facilities, to the area around the stadium. Most importantly, the state gets to keep the franchise that won the 1971 NBA Finals and currently has up-and-coming players like Jabari Parker and Giannis Antetokounmpo (and head coach Jason Kidd) on the roster.
The bill now heads to Governor Scott Walker for his signature. Walker has been working with state officials to reach a deal and is expected to sign it.
Related Stories
Sports and Recreational Facilities | Jul 23, 2015
Japan announces new plan for Olympic Stadium
The country moves on from Zaha Hadid Architects, creators of the original stadium design scrapped last week.
Sports and Recreational Facilities | Jul 17, 2015
Japan scraps Zaha Hadid's Tokyo Olympic Stadium project
The rising price tag was one of the downfalls of the 70-meter-tall, 290,000-sm stadium. In 2014, the cost of the project was 163 billion yen, but that rose to 252 billion yen this year.
Cultural Facilities | Jul 13, 2015
German architect proposes construction of mountain near Berlin
The architect wants to create the world’s largest man-made mountain, at 3,280 feet.
Sports and Recreational Facilities | May 14, 2015
Guy Holloway proposes multi-level urban sports park for skaters
The facility will include a rock climbing wall and boxing space.
Cultural Facilities | May 13, 2015
MVRDV selected to design High Line-inspired park in Seoul
The garden will be organized as a library of plants, which will make the park easier to navigate.
Sports and Recreational Facilities | May 5, 2015
Architect scouts investors for underwater tennis court
While off duty, the tennis complex could double as exhibition space.
Mixed-Use | May 5, 2015
Miami ‘innovation district’ will have 6.5 million sf of dense, walkable space
Designing a neighborhood from the ground-up, developers aim to create a dense, walkable district that fulfills what is lacking from Miami’s current auto-dependent layout.
Hotel Facilities | Apr 30, 2015
Atlanta Braves partner with Omni Hotels & Resorts to build hotel near new Suntrust Park
The Omni Atlanta Northwest Hotel will feature 16 floors with 260 guest rooms and suites, rooftop hospitality suites, 12,500 sf of meeting space, a signature restaurant, and an elevated pool deck and bar overlooking the plaza and ballpark.
Sports and Recreational Facilities | Apr 27, 2015
Qatar unveils Al Rayyan, fifth World Cup stadium
After the World Cup, part of the stadium’s seating will be donated to other countries.
Sports and Recreational Facilities | Apr 24, 2015
HOK unveils renderings and video of new St. Louis NFL stadium
Retractable seating in the corners will allow the stadium to be used for FIFA or Major League Soccer matches, as it expands the field to a FIFA-regulated 120 yards long and 75 yards wide.