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DETROIT -- The Detroit Red Wings and city officials on Wednesday announced a $650 million plan for a new arena development for the NHL team in Detroits downtown entertainment and sports district. Plans for an 18,000-seat arena were announced by the teams owners and local economic development officials. Red Wings owner Mike Ilitch has long said he wanted a replacement for the 32-year-old Joe Louis Arena. The new proposal -- essentially a framework of financing and development plans -- still needs to be approved by the City Council and a handful of state and local agencies, but its seen as an important first step. The Red Wings said there will be $367 million in private investment and $283 million in public funds in the complex, which would also include residential, retail and office space. Developers said the public money would come from existing economic development funds and requires no new taxes or funds from the cash-strapped city. Detroit, the largest city in the country under state financial oversight, is struggling with a long-term debt that emergency financial manager Kevyn Orr believes is more than $17 billion. "Today, this public-private partnership took a significant step forward in laying the groundwork for a major catalyst development, which will create approximately 8,300 jobs, stimulate economic activity and have a positive and lasting impact on our community," said Christopher Ilitch, son of Mike Ilitch and president and chief executive of Ilitch Holdings Inc., another family company. The citys Downtown Development Authority approved a "memorandum of understanding" with Olympia Development of Michigan, which is owned by Ilitch and his wife, and Wayne County, home to Detroit. Ilitch also owns the Detroit Tigers, and his family owns Little Caesars Pizza and downtown Detroits Fox Theatre. Under the plan, the authority would own the arena and event centre complex, while Olympia Development would have exclusive rights to use, manage and operate it, and hold naming rights. The arena is slated to be built near the Detroit Tigers Comerica Park and the Detroit Lions Ford Field, close to the intersection of Interstate 75 and Woodward Avenue. The proposed location is a couple miles away from the Red Wings current arena. Red Wings officials said it was too soon to estimate when construction would start or end. Michigan lawmakers in December approved legislation allowing property tax dollars collected by the Downtown Development Authority to be used for the development. The authority has been allowed for nearly two decades to finance economic stimulus projects by selling revenue bonds to be paid off with the tax money. It takes in about $12.8 million a year that otherwise would have gone into a fund for public schools statewide. Developers and supporters of that legislation said it will create thousands of new construction jobs and pump $1 billion into Michigans economy. Opponents counter that funding a private stadium with taxpayer dollars shouldnt be a priority, especially when that money was otherwise going to the School Aid Fund. "Were talking about jobs ... talking about enhancing the entertainment district. Its a win-win for everybody. The Ilitch family has been a very big supporter of Detroit and we agree that Joe Louis Arena is dated," Wayne County Executive Robert Ficano said, adding that county road funds may be used for some infrastructure work associated with the new stadium. Mayor Dave Bing said in a statement that the project will "continue to add momentum to the transformation of the city." Detroit is experiencing economic activity in its downtown and Midtown neighbourhoods, but other parts of city are grabbling with tens of thousands of abandoned or vacant homes and businesses. Orr, the citys state-appointed financial emergency manager, didnt return messages seeking comment Wednesday. Air Jordan 23 Sale . The injury bothered Bledsoe in the Suns victory over the Clippers on Monday and he sat out the teams home loss to Memphis on Thursday night. Air Jordan 32 Sale . The Hall of Fame defenceman told Landsberg that he believes fighting still has a place in todays game, but thinks staged fighting needs be outlawed. https://www.wholesaleshoesforcheap.com/air-jordan-27-sale/ . 10 Texas A&Ms offence dominated as usual against SMU. Air Jordan 6 Sale . LOUIS -- Rookie Tavon Austin has missed another day of practice, lessening the odds hell be ready for the St. Air Jordan 14 Sale .com) - The Montreal Canadiens embark on their first road trip of the season as they head out west to battle the Calgary Flames on Wednesday night. Cape Cobras coach Paul Adams will keep his job after the Western Cape Cricket Board (WCC) offered their support despite a complaint lodged against him by 14 contracted players at the end of last season. The board held a meeting on Monday after a deadlock last Thursday to discuss Adams future.Adams recently-issued two-year contract extension remains in place. The players were not involved in the meeting.Instead, WCC studied a report compiled by former South Africa conditioning coach Paddy Upton, who was appointed a mediator in the matter after an independent panel was convened to assess the players grievances. WCC did not divulge the contents of the report or confirm whether they acted on it, but revealed that Upton had not followed through on his mandate to speak to all contracted players.WCC chairman Angelo Carolissen insisted his office deeply respects the concerns raised by the players, which are believed to be centered on Adams management style.We have no doubt that he possesses the vision and leadership abilities to propel the Cobras to the summit of all three domestic logs and return them to their trophy-hugging ways, Carolissen said.The 2015-16 season was the first in eight years that Cobras did not win a trophy, and Adams only barren season since taking over in 2012. At 35, he was franchise crickets youngest coach and he enjoyed immediate success. The Cobras won two competitions in Adams first summer in charge and went on to collect three more trophies in the next two seasons.Lackk of success last season brought rumblings of discontent, which Adams was made aware of as soon as the complaint was laid.dddddddddddd He underwent a leadership course over the winter and has had his support staff bolstered with the addition of two former internationals in Ashwell Prince as assistant coach and Alan Dawson as convener of selectors. With the additional resources, Adams is confident he can return the franchise to winning ways.I respect the players and have taken the learnings from this past winter to heart. I feel we will have a better understanding of each other going forward, Adams said. Part of my strategy to turn around the fortunes of the team was to secure the services of Ashwell Prince and Alan Dawson. It excites me to be working together with the two former players who will bring vast experience and I am sure will add value to the Cobras. I have also committed to up-skilling myself to ensure effective leadership and to produce and maintain the quality and brand of cricket that the Cobras are synonymous for.There has been no statement from the players, although there was an indication that if Adams was retained, several senior squad members may leave the franchise. With the new season two weeks away, that appears unlikely to occur just yet.The Cobras 2016-17 season begins on October 5 with a first-class match against Lions in Johannesburg. ' ' '