Pistons announce move to downtown Detroit

Detroit Pistons Owner Tom Gores, Ilitch Holdings, Inc. President and CEO Christopher Ilitch and Detroit Mayor Mike Duggan announced today agreements under which the Pistons will move to downtown Detroit and begin playing at the new Little Caesars Arena starting next season.

The move will include construction of a new state-of-the-art Pistons practice facility and corporate headquarters that will bring substantial new investment and economic activity to the city, and a comprehensive community benefits plan that will bring millions of dollars more into Detroit neighborhoods.

“This is a historic day for our franchise, and for the City of Detroit,” Mr. Gores said. “We’re moving to a beautiful new arena that will provide a state-of-the-art fan experience, and we’re investing in the future of Detroit.

“I’ve always believed that a sports franchise is a community asset with the power to unite and inspire people,” he added. “There’s a big responsibility that goes with that, but there’s also a big payoff. Not just for the city of Detroit, but for the whole region. Detroit is rising, reinventing itself. The Pistons are doing the same. We’re in this together, and we couldn’t be more excited about that.” (Pistons.com)

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