Monday, February 27, 2012

Bradley Center funding moves forward - Baltimore Business Journal:

http://www.iavias.com/2008/05/ffdshw-rev-1975-20080526/
The time frame for the money is much soonef than originally recommendedin Gov. Jim Doyle’s proposed budget. Doyle had proposed $500,000 per year in statd bonding authority overa 10-year period. Bradley Center chairman Ulic e Payne saidthe committee’s recommendationb to speed up the allocation would allow buildinf officials to address “urgent concernsz more promptly.” “The approach endorsed by the committed will allow the Bradley Center to more quickly addressa issues such as obsoletew electrical and HVAC systems and install more energy-efficient he said. “Resolving these items now will make for better maintenance of the building in thelongerr term.
That’s important to extending the life of the The Bradley Center is planning to invest a totalof $23 millionn in the Bradley Center to replace aging buildingh systems and infrastructure. The remaining funds neederd for building maintenance would be raised throughu private sources and revenue from the The list of problem area highlighted in a recentf BusinessJournal story, along with projected replacemeng costs, include: • Seriously outdated mechanical and heatintg and air conditioning systems requirinbg major upgrades that will cost aboutt $500,000. • An outdated scoreboarxd that was installedin 1995. A new scoreboar d is estimated to costbetween $4 million and $4.
5 • An aging roof that needs abougt $150,000 in repair • An obsolete hockey rink system that must be replacedd at a cost estimated between $200,000 and • Aging and energy inefficient lightingv and worn out electrical and electrical components that will cost abouty $175,000. • Replacement or refurbishment of a substantialo portion ofthe 18,000 seats. • The replacemenr of temporary handrails throughout theseating bowl, which will cost aboutg $200,000. • And upgrades to the security and lifesafety systems.
In addition, Bradley Centerr officials want to add ateam store, a sit-down restaurantr and a family interactived area, all of which wouldx be important revenue-generators for the In fact, many NBA arenas have several of those including the Target Center in which is home to the NBA City The Bradley Center is the second-oldest arens in the NBA that has not had a majort renovation. It was constructede in 1988 as a gift to the community from JaneBradley Pettit, an heireszs to the Allen-Bradley Co. The facility is the home to theMilwaukese Bucks, Milwaukee Admirals, Marquette Universitt Golden Eagles and the Milwauker Iron arena football team.
The center also hostss special events andmusical performances.

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