$250M Financing Approved for New Bucks Arena

$250M Financing Approved for New Bucks Arena

The Milwaukee Bucks have released additional renderings of the proposed arena and entertainment complex that will replace the BMO Harrs Bradley Center. This is a view of the block.

MILWAUKEE (AP) — A city council in Milwaukee on Tuesday approved its piece of the $250 million public financing package that will fund half of a new Milwaukee Bucks arena.

In a 12-3 vote, members of the Common Council agreed to spend $47 million in city taxpayer money to help build an arena to replace the 27-year-old BMO Harris Bradley Center in downtown Milwaukee. The state and Milwaukee County have already approved their portions of the $250 million in public financing for the $500 million arena.”

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Will this be enough to make the Bucks marketable? Time will tell.

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