Wake Forest buys Joel Coliseum from city for $8M
Posted: Fri Aug 02, 2013 1:03 pm
Wake Forest buys Joel Coliseum from city for $8M

WINSTON-SALEM — Wake Forest University says it has completed its purchase of Joel Coliseum from the city of Winston-Salem.
The school announced its purchase Thursday. City Manager Lee Garrity told The Associated Press that the price was $8 million and that the school has committed to spend $10 million in capital improvements.
City Council approved the sale in May.
Wake Forest owns the 15,000-seat arena and the 33 surrounding acres.
Read more here: http://www.newsobserver.com/2013/08/01/ ... rylink=cpy

WINSTON-SALEM — Wake Forest University says it has completed its purchase of Joel Coliseum from the city of Winston-Salem.
The school announced its purchase Thursday. City Manager Lee Garrity told The Associated Press that the price was $8 million and that the school has committed to spend $10 million in capital improvements.
City Council approved the sale in May.
Wake Forest owns the 15,000-seat arena and the 33 surrounding acres.
Read more here: http://www.newsobserver.com/2013/08/01/ ... rylink=cpy