[clari.sports.basketball] Blazers, city officials consider joint venture arena

clarinews@clarinet.com (BILL STEWART) (01/15/90)

	PORTLAND, Ore. (UPI) -- The Portland Trail Blazers' days in Memorial
Coliseum seem to be numbered.
	When Metro director Rena Cusma said last week she intends to find
the money necessary to build a new sports complex, Blazers president
Harry Glickmas was already preparing to start looking at model arenas
around the country.
	Glickman got a close-up look at the Palace Auburn Hills Saturday
night before the Blazers' game with the Detroit Pistons.
	Most executives around the league seem to feel that the Palace is
at the top of the list among the NBA's elite arenas.
	But there are a number of hurdles to clear before the Palace of
Portland will ever be built.
	For starters, the price tag for an arena like the Palace will run
close to $80 million. Very few city officials feel confident that the
area's voters would approve a bond issue that large.
	Cusma would like to see a joint venture between public and private
sectors, and Blazers owner Paul Allen says the idea has a lot of merit.
	Ironically, Allen could afford to build the arena on his own, but
he's hardly willing to go that far.
	Allen, who was one of the co-founders of Microsoft, is reportedly
worth several hundred million dollars. People joked when he purchased
the Blazers two years ago that the check for the team was written from
petty cash.
	But Allen isn't likely to pay the whole tab, especially now that
city officials feel it's time to move into a bigger facility.
	``We do have one of the smallest facilities in the league,'' Allen
said. ``It would certainly be beneficial to have more seats.''
	In fact, Portland has the second smallest arena in the NBA, ahead
of only Utah. Memorial Coliseum, which is also the league's fourth
oldest facility, seats only 12,884.
	Salt Lake City and Phoenix are ready to break ground on new
projects that feature cooperative agreements between the local team and
government.
	To build an arena in Portland, ``it just has to be a combination of
public and private funding,'' Glickman said. ``At this point, though, I
wouldn't have a clue what that combination might be.''
	``That's really our preference,'' Allen said of the joint approach.
``Finances dictate that the community should make substantial support in
terms of land and funding.
	``I'd like us to have something like the Palace of Auburn Hills,''
Allen said. ``There have been some locations that have brought up but
it's too early to talk about where it will be.''
	Originally, Glickman talked about a building that seats 16,000 to
17,000. It appears, though, that a bigger building might be built.
	``We haven't made up our minds about the size,'' Glickman said.
``But it will probably be bigger than we originally thought.''
	Even if public funding is obtained, the Blazers want a new building
to be their own and they want complete authority over it.