State approves $10 Million loan for Joe Louis Arena demolition

The city of Detroit has been issued a 10 million dollar loan from the Michigan Strategic Fund to help pay for the demolition of Joe Louis Arena.

New Jersey Devils v Detroit Red Wings

DETROIT, MI – APRIL 09: Fans celebrate the final home game at Joe Louis Arena between the New Jersey Devils and Detroit Red Wings on April 9, 2017 in Detroit, Michigan. (Photo by Gregory Shamus/Getty Images)

Joe Louis facts:
  • The arena hosted its first event on December 12, 1979 which was a college basketball game between the university of Michigan and the university of Detroit.
  • The Red Wings played their first game at Joe Louis Arena on December 27, 1979, hosting the St. Louis Blues.
  • The Red Wings’ final game at Joe Louis Arena was played on April 9, 2017 against the New Jersey Devils winning 4–1…the final goal in the arena’s history came from Riley Sheahan.

 

Crain’s Detroit Business  reports the demolition of Joe Louis Arena will be a 10- to 12-month process, and that the city’s loan has two years of interest-only payments.

The demolition project is expected to cost an estimated $13.2 million.

 

Penny Marshall passed away peacefully in her Hollywood Hills home of complications from diabetes on Monday at the age of 75.

TV Land Awards 2003

(Photo by Kevin Winter/Getty Images)

Penny starred as Laverne on “Laverne & Shirley”, and she also directed “Big”“A League of Their Own”, and Awakenings.

“Our family is heartbroken over the passing of Penny Marshall,” the Marshall family said in a statement.
Marshall, whose real name was Carole Marshall, grew up in the Bronx.
Her brother was famed producer and director Garry Marshall, who directed a string of hit movies including “Pretty Woman” and “The Princess Diaries” and died in 2016.

Many of Penny Marshall’s former co-stars and colleagues are paying tribute to her, including Ron HowardHenry WinklerTom Hanks, and Rosie O’Donnell (starring in A League of Their Own).

TV Land Awards 2003

HOLLYWOOD – MARCH 2: Penny Marshall and Cindy Williams pose backstage at the TV Land Awards 2003 at the Hollywood Palladium on March 2, 2003 in Hollywood, California. They were presented with the ‘Viewers Choice Award-Working Stiff of the Year’ for their roles on ‘Laverne & Shirley’ (Photo by Robert Mora/Getty Images)

Our thoughts are with the Penny Marshall’s friends and family at this time.