The city of Detroit, Michigan and Detroit sports fans have plenty to be thankful for this year. Recently, within the past week, the Detroit Pistons announced they will move into the new Little Caesars Arena in the fall of 2017. The new arena was initially intended to be built for the Detroit Red Wings who are moving out of Joe Louis Arena, the iconic hockey arena that was named after the former heavyweight champion boxer Joe Louis, who grew up in Detroit.
The Pistons will be returning to downtown Detroit for the first time since 1978 when they played at Olympia Stadium (1957-61) and most recently Cobo Arena (1961-78). In the fall of 2017, the city of Detroit will join Philadelphia as the only American cities to have their four major sports teams (Red Wings, Lions, Pistons, and Tigers) nearby each other in the city.
With the Detroit Pistons coming downtown it will cost an additional $34.5 million in taxpayer money, via the Detroit Downtown Development Agency. The DDA is already contributing $250 million into the $732 million construction project. In addition to the move, the Pistons will put money into multiple community efforts, investing $2.5 million into new or refurbished basketball courts across the cities as well as youth basketball camps hosted by players and coaches.
As far as being beneficial for the city of Detroit, a study from the University of Michigan estimates that the move will generate $600 million in economic impact and create over 2,000 jobs. The city of Detroit now has shown even more signs of revitalization and will continue to do so for the extended future. Rather than attend games outside the city in Auburn Hills, where the team is currently located, fans from the western and southern suburbs can now converge downtown enhancing their fan experience.
This move made by the Pistons shows their commitment to representing the “Detroit” in Detroit Basketball.