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Old 06-01-2012, 07:47 AM
 
3,723 posts, read 3,886,336 times
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A lot of people in forums are under the impression that a team is stupid for not building a dome as the associated events it would be able to host would more than justify the costs. People mentioned the SB and Final Four. In reality, most of these stadiums sit quite for the bulk of the year. Hosting the state band championships, or another event that won't really bring in people from out of state does not add any significant economic impact to the city and/or state.

People also fail to realize that when these things are built with public money, you have to figure in the total cost, not just the construction cost. The cost to borrow the needed money should be included. Some stadiums will top a Billion to build when it's all said and done.

Indy is fortunate enough to be a regular host of the Final Four and will host is once every 4 or 5 years I believe. Other cities are not so lucky.

Look at Minnesota, they want to build a retractable roof stadium, which will jack up the cost to build the stadium by a good amount.
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Old 06-01-2012, 09:52 AM
 
3,008 posts, read 4,332,789 times
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Quote:
Originally Posted by TAM88 View Post
A lot of people in forums are under the impression that a team is stupid for not building a dome as the associated events it would be able to host would more than justify the costs. People mentioned the SB and Final Four. In reality, most of these stadiums sit quite for the bulk of the year. Hosting the state band championships, or another event that won't really bring in people from out of state does not add any significant economic impact to the city and/or state.

People also fail to realize that when these things are built with public money, you have to figure in the total cost, not just the construction cost. The cost to borrow the needed money should be included. Some stadiums will top a Billion to build when it's all said and done.

Indy is fortunate enough to be a regular host of the Final Four and will host is once every 4 or 5 years I believe. Other cities are not so lucky.

Look at Minnesota, they want to build a retractable roof stadium, which will jack up the cost to build the stadium by a good amount.
Depends. Older stadiums were one trick pony's. They did their sport for the season and that was it. LOS is a multipurpose venue. It hosts more than Football and a high school band competition. There are actual conventions that utilizes the main (stadium) area as well as the additional conf. rooms throughout the stadium. It is also an ext. of ICC and the two are actually connected together so it gets more use than most and typically has a fair amount of use year round even when not in season. Granted Final Fours is a plus but just in sport you also have Circle City Classic which is yearly and Drum Corps International world competition is also hosted yearly but as I said, it's used pretty regularly and not just a few times a year.
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Old 06-01-2012, 11:53 AM
 
Location: Bel Air, California
21,367 posts, read 21,936,621 times
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I want my stuff, I want it now and I don't care how it gets paid for. I suggest the rest of you steer around the potholes in the meantime.
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