Pistons set to make announcement Tuesday on downtown move

April AlvarezNov 25, 2016

The Pistons announced they will move downtown Detroit and begin playing at the new Little Caesars Arena, home of the Detroit Red Wings, starting next season. They are likely to play at Little Caesars Arena, which is going to be the home of the NHL's Detroit Red Wings, who are in their final season playing at Joe Louis Arena.

Last month, Pistons owner Tom Gores announced that the team was "close to a deal" to move back to downtown Detroit.

Now that the Detroit Pistons are moving back downtown, into a shiny new arena, could they be in line to host an All-Star Game?

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Pistons' owner Tom Gores shared his excitement for the move. "Between now and then, formal legal agreements will need to be finalized, including an arena sub-concession and various other agreements between PS&E, the Ilitch organization and the City of Detroit Downtown Development Authority". Sharing the roughly $732 million dollar facility with the Pistons.

Increased pregame and postgame entertainment opportunities with expanded access to restaurants and gathering locations connected to The District Detroit - a new world-class sports and entertainment development revitalizing 50 blocks around the arena.

"I think we have to be really mindful of this community in Auburn Hills and their loyalty in showing up", he said.

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Detroit's professional basketball team, The Pistons, is saying goodbye to its stadium at The Palace of Auburn Hills and relocating to downtown Detroit. "Little Caesars Arena is just another fantastic example of that trend".

The Pistons' move is still pending a series of approvals, including from the National Basketball Association, the Downtown Development Authority, and the City of Detroit.

The agreement calls for a contribution of $34.5 million from the DDA to cover modifications to the new arena to accommodate an National Basketball Association team.

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The building was originally designed for one team and one team only - the Red Wings. Though his Olympia Development LLC spent millions buying up private lots, the Detroit City Council paid him a grand total of $1 for 39 parcels of public land, making it "one of the largest land transfers in the city's history", while relieving Illich of the burden of paying property taxes. The Detroit Pistons won championships in 1989, 1990, and 2004 at the Palace. Ilitch's subcontractors didn't make good on their promise to ensure that at least 51% of the construction workers lived in Detroit.

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