CT officials cut deal for XL Center renovations that includes private funding

The XL Center could get $20 million in private funding to put toward a renovation that would cost more than $100 million, according to the state budget passed by the Senate and the House before the end of the legislative session. The budget would allow for Oak View Group — the contractor that runs day-to-day operations in the arena — to invest $20 million toward the renovations. The state could invest up to $80 million, according to the budget document, for the much-needed repairs to the arena that hosts a variety of events in downtown Hartford. The push to get funding for the renovations comes as Hartford officials and Gov. Ned Lamont have been courting the Arizona Coyotes, the NHL hockey team that has struggled to find a permanent home in Arizona. Hartford Mayor Luke Bronin said Monday that he hoped the renovations could happen soon.

https://www.stamfordadvocate.com/capitalregion/article/xl-center-renovations-downtown-hartford-18149862.php?src=sthppromostrip

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