Quicken Loans Arena to receive $140 million renovation

Photos courtesy of Cleveland Cavaliers
Photos courtesy of Cleveland Cavaliers

CLEVELAND (AP) – The Cleveland Cavaliers have announced plans for a $140 million project to renovate Quicken Loans Arena, their downtown home since 1994.

The defending NBA champions and Cuyahoga County officials believe the arena needs an exterior face-lift and massive interior upgrades to better accommodate fans and attract future events. The Q currently hosts 200-plus events annually.

The team and taxpayers would split the cost without any increase in taxes. The Q would remain open during construction, which would begin in 2017 and take approximately two years.

As part of the reconstruction, the building would be modernized with a glass front and public gathering spaces would be added.

The Cavs are extending their lease with The Q by seven years to 2034. Once the project is complete, the NBA has agreed to allow Cleveland to be a host city for the All-Star week in the near future.

COURTESY: TOM WITHERS – ASSOCIATED PRESS

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