Bucks arena announcement expected Wednesday

The Milwaukee Bucks are expected to make a major announcement regarding a new, downtown arena.

In a release, the team said it will reveal, along with a design firm, plans for the new facility Wednesday morning. The announcement is expected to include specifics about the arena, which would also be used for non-athletic and entertainment events.

The team has not said whether or not they will provide the proposed design, location or financing plan for the building.

Stay with CBS 58 and CBS58.com for continuing coverage of the announcement.