What does the future hold for Joe Louis Arena?

Detroit (WXYZ) - The big announcement that there is a plan to get a new state of the art arena for the Detroit Red Wings came Wednesday. 

It isn't final, but is looking promising. The question now is what that would mean for Joe Louis Arena. 

7 Action News went to work to find out what could happen.

The Downtown Development Authority says nothing is final, but it is clear the city would not want to own an arena after it was vacated by the Red Wings. 

There has been talk of tearing it down and building something new. 

There has also been talk about integrating the arena into Cobo Center. A spokesperson for Cobo Center says that it has no official statement in regards to that, but there has been informal discussion.

The Detroit Regional Convention Facility Authority has discussed how both possibilities could impact the convention center.

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