61% of Pickering residents voted in favor of the development. It will contribute $600 million in tax revenue and $1 billion towards Pickering's GDP and represents the largest private investment in Pickering's history. The plan received approval for development in 2017. The stadium has since been imploded and will be completely demolished and prepared for future development.ĭurham Live is a $1.3 billion entertainment district that is in the process of being developed in south Pickering in the Canadian city of Pickering, Ontario. Apostolopoulos's company Triple Sports and Entertainment managed and operated the Silverdome as a sports and entertainment venue, investing millions of dollars to bring back the stadium to its original condition hosting many events, the first event at the Silverdome under his ownership was a monster truck and motorsports show on 17 April 2010.

A low purchase price for an 82,000-seat stadium that had been constructed in 1975 for $55.7 million ($220 million in 2009). Silverdome purchase Īpostolopoulos made international news in 2009 when his investment company purchased the Pontiac Silverdome at auction for $583,000. He was the chairman of Triple Group of Companies, based in Toronto, Ontario. Starting as a labourer and janitor, he progressed to owning small service and manufacturing companies, paving the way to commercial real estate investment and redevelopment. Biography īorn in the port city of Kalamata, Greece, Apostolopoulos emigrated to Canada in 1969. The Apostolopoulos family is one of the richest Greek families in the United States and the richest Greek family in Canada. He is best known for his ownership of the Silverdome in Pontiac, Michigan. Andreas Apostolopoulos (1952 – 15 February 2021) was a Greek-Canadian billionaire businessman, primarily concentrated on real estate investment and redevelopment.

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