Packers eye future development around Lambeau Field
ASHWAUBENON, Wis. (AP) - The Green Bay Packers now own more than 62 acres of land around Lambeau Field.
Press-Gazette Media reports (http://gbpg.net/1qcevN9) that's more than double the amount than they owned four years ago.
Ownership shows up under five names: Green Bay Packers Inc., Lambeau Field Redevelopment, Green Bay Development LLC, 1141 Lombardi LLC and 1177 Lombardi LLC.
Tax assessments total $44.89 million, most of which is paid by the team. Tenants may pay the taxes in some instances.
The newspaper reports the Packers are buying land as part of a long-term strategy to provide the team with non-football sources of income. Their plan is to create a retail, entertainment and sports district.
Team spokesman Aaron Popkey says they are still looking at concepts for the land.