Football Team Banks Future On Real Estate Investment

by Deidre Woollard (RSS feed)
Jan 7th 2010 at 8:01PM

The publicly-owned Green Bay Packers football team can't rely on a deep-pocketed owner for help and so one of the ways that the team is looking out for its future is by investing in real estate. A recent article from WBAY says that the team has picked about around 20 acres to the west and south of their stadium, Lambeau Field. The team is hoping that the investment will bring revenue to the team in the years to come. Businesses like K-mart and Big Lots sit on land the Packers own and the Packers are planning more development. A mix of hotels, restaurants and retail spaces are being created for the surrounding Ashwaubenon area. The village has a population of around 17,000 but Lambeau Field and the practice fields draw many tourists each year.

Tags: ashwaubenon, green bay packers, GreenBayPackers, lambeau field, LambeauField, wisconsin