Bloomberg Businessweek: The Braves Play Taxpayers Better Than They Play Baseball (Atlanta: costs, safe)

[jsvh]

But any success in Cumberland is the result of the Braves?

No. Cumberland was a leading market before this relocation. In fact they are getting much less development than their peers and even previously underperforming areas.

There is no magic or net benefit the Braves bring that will come close to offsetting the $400M in tax dollars being spent. Luckily it seems like Cobb voters might be wise to that.

[sedimenjerry]

Originally Posted by jsvh

But any success in Cumberland is the result of the Braves?

No. Cumberland was a leading market before this relocation. In fact they are getting much less development than their peers and even previously underperforming areas.

There is no magic or net benefit the Braves bring that will come close to offsetting the $400M in tax dollars being spent. Luckily it seems like Cobb voters might be wise to that.

But do you think that's from the Braves or other factors? I know you think PC is doing much better due to its rail access so which reason would you like to use today?

It'll benefit merchants and I doubt it'll keep that many offices from relocating (I think access to rail is more important) and there's very little residential development in the immediate vicinity. Bottom line it's not gonna be the next Summerhill.

[arjay57]

Originally Posted by jsvh

But any success in Cumberland is the result of the Braves?

No. Cumberland was a leading market before this relocating. In fact they are getting much less development than their peers and even previously underperforming area.

There is no magic or net benefit the Braves bring that will come close to offsetting the $400M in tax dollars being spent. Luckily it seems like Cobb voters might be wise to that.

Seems like it is having a pretty positive impact. The stadiums has already generated a new five star hotel, a new corporate headquarters building, 1 million sf mixed use/entertainment area.

If all this had happened around Turner field people would be doing backflips.


Cumberland new home of the Atlanta Braves Suntrust Ball Park

[whodean]

Originally Posted by jsvh

But any success in Cumberland is the result of the Braves?

No. Cumberland was a leading market before this relocation. In fact they are getting much less development than their peers and even previously underperforming areas.

The numbers prove you wrong already , hateful troll.

[jsvh]

Other areas have much more development coming than what is going on around STP. While AFCS and Turner Field had hotels and other things built around the stadiums to support them just like STP is seeing now, they have not thrived over the decades as 80 days a year is not enough to do good business. Now that the Braves are leaving, the Turner Field area is seeing more development than it ever did while they were there.

While the Comcast office near STP might seem nice, lets not forget that the Braves move caused at least one Fortune 500 company to leave that area. Of course many other businesses that relocate away will not make it a big deal and talk about it to the press. Things will just quietly change over the coming decades to when people reflect back on the good old days when the Braves first moved there and Cumberland used to be such a thriving area.

whodean - Would you like to retort with yet another unfounded claim and insult? I guess that and Tim Lee's "$200B" means I was wrong and this all was a great idea. You should join Arjay at the new Braves oceanfront resort in Idaho. I hear the time-shares they are selling for $400M today are supposed to be worth $200B.

[sedimenjerry]

Originally Posted by jsvh

Other areas have much more development coming than what is going on around STP. While AFCS and Turner Field had hotels and other things built around the stadiums to support them just like STP is seeing now, they have not thrived over the decades as 80 days a year is not enough to do good business. Now that the Braves are leaving, the Turner Field area is seeing more development than it ever did while they were there.

Again, Cumberland =/= Summerhill. Summerhill is a residential area that's close, but not in downtown. It's not a tourist attraction or a business destination. Cumberland area has many more hotels because it's an area that needs them with or without a stadium. The stadium will just help to boost business on occasion.
So far the Summerhill development appears to be mostly residential which isn't surprising at all. A noisy, busy neighbor is going away that had the potential to be bothersome every day of the week. Cumberland area isn't Smyrna or Vinings, it's not as concerned about residential development.

[jsvh]

The stadium is not good for commercial or office development either.

Yes, there are other factors at play. Most having a larger influence than the stadium. Which is exactly why spending $400M tax dollars to steal it away is such a terrible idea.

[arjay57]

I'd like to know when the city of Atlanta gave its taxpayers an opportunity to weigh in on the city's "decision" to "let the Braves go." We had a huge financial investment in the team and many of us feel an emotional attachment to the team as well.

[jsvh]

Originally Posted by arjay57

I'd like to know when the city of Atlanta gave its taxpayers an opportunity to weigh in on the city's "decision" to "let the Braves go." We had a huge financial investment in the team and many of us feel an emotional attachment to the team as well.

How much more than $400M tax dollars should CoA have bid-up the Braves? I was very attached to the team too. But the Braves making this about the highest bidder is disgusting. This is not a move Ted Turner would have made. And since the Braves decided to break with Atlanta and turn blame upon the city and the people there, it forces a decsion about which you care about more: the Braves or Atlanta. My choice is Atlanta.

[Hokiehaven]

Originally Posted by jsvh

How much more than $400M tax dollars should CoA have bid-up the Braves? I was very attached to the team too. But the Braves making this about the highest bidder is disgusting. This is not a move Ted Turner would have made. And since the Braves decided to break with Atlanta and turn blame upon the city and the people there, it forces a decsion about which you care about more: the Braves or Atlanta. My choice is Atlanta.

This, and based on the stories we're hearing Liberty Media wasn't going to wait for an answer either probably, as they were strong-arming the highest bidder and wouldn't have likely waited for ATL to put it up for a vote.

Furthermore, if this was Arthur Blank or Ted Turner, maybe they'd consider talking and working out some agreement for the betterment of the city as a whole, but Liberty clearly hasn't wanted that at all, they aren't from ATL and have no ties here other than ownership, so why should the city bend over backwards and let their emotions and the public's emotion come into play in a rigged deal. Clearly, a wise decision for the betterment of the city as a whole, a city that still has serious blight in it's core and many more important needs to address.