DETROIT – The Detroit Pistons officially announced Tuesday the franchise will move out of the Palace of Auburn Hills and into the new Little Caesars Arena in Downtown Detroit.
That means they will share the new arena with the Red Wings when it opens in time for both teams' 2016-17 season.
The Pistons will build a "state-of-the-art" practice facility and corporate headquarters nearby, Olympia Entertainment announced.
"This is a historic day for our franchise, and for the City of Detroit,” said franchise owner Tom Gores. "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. 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."
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