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Originally Posted by iheartthed
Yes, Joe Louis Arena completely rebuts the point about the Palace being successful because it was located in proximity to some affluent Oakland County suburbs.
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Joe Louis Arena was a huge failure. The second the Palace opened, it took almost all events from JLA. From that point, JLA was basically strictly a hockey-only arena. The Red Wings built JLA to be a multipurpose arena, not a hockey-specific arena. The Pistons could play there, the Rolling Stones could play there.
And again, the Palace was never planned for concerts and other events. It was strictly planned as a basketball-only arena. It was Bill Davidson's playground. The concert business was totally unexpected, but speaks to its market dominance. Hockey couldn't be played at the Palace, at least not without bizarre seating configurations.
The Palace opened in 1988, same year as the Townsend Hotel, giving stars a nearby luxury hotel. From that point, practically every major touring act made the switch.