Deal not done, but Penguins, state agree on $290 M bond issue
Gov. Ed Rendell said today the Penguins and state, county and city negotiators remain close to a deal for a new arena. But he cautioned that the team still could end up in Kansas City next season.
In the latest negotiations, Rendell said the two sides agreed to increase the arena bond issue to $290 million, the amount the Penguins believe is necessary to build a replacement for Mellon Arena, the oldest venue in the National Hockey League. Rendell said he believes an arena can be built for $270 million.
NHL Commissioner Gary Bettman has joined the negotiations as a mediator. "(Bettman) would like to see this thing brought to a head, and so would I," Rendell said.
Rendell spoke to reporters before addressing the Pittsburgh Technology Council at the Sheraton Station Square.
Add Andrew Conte to your Google+ circles.
Show commenting policy
TribLive commenting policy
- Deteriorating Monessen building under renewed scrutiny
- Steelers notebook: Seahawks’ Sherman gets better of WR Brown
- Penguins centermen enjoying better faceoff success rate this season
- Mon City man arrested for alleged assault
- Steelers’ Roethlisberger reported symptoms that led to his exit vs. Seahawks
- Jeannette McKee Middle School names its students of the month
- Marshall’s Fluhme Glam Bar hopes to take beauty concept nationwide
- French and Indian War re-enactor Wilson commits to pioneer lifestyle in Murrysville cabin
- Veterans courts in Pennsylvania dubbed remedy for recidivism
- Sports Deli is latest tenant to say goodbye to Parkway Center Mall
- Steelers stalled by Seahawks, on outside of AFC wild-card picture