Cavs Withdraw From Quicken Loans Arena Transformation Project
Cavs withdraw from Quicken Loans Arena transformation project
CLEVELAND – The Cleveland Cavaliers have announced that they are withdrawing their participation from The Q Transformation Project, saying that “Time delays due to ‘referendum’ attempt make project unfeasible”.
The Cavs offered to pay for half of the $140 million renovation project. The county and city will fund the other half.
The Cavs also pledged to cover any overages in the project.
The transformation was to include:
- Making the arena’s interior more visible from the outside, making The Q more contemporary, inviting, marketable and better connected to the city.-Create an enhanced, dramatic visual …