Quote:
Originally Posted by troutman
My Turn: Coyotes essential for Westgate expansion
By Councilwoman Joyce Clark
http://www.azcentral.com/members/Blo...yVoices/163312
Allowing the team to leave will hurt Glendale financially. The debt on arena bond construction and its operating and management costs still must be paid. The Coyotes pay monthly rent. A surcharge on every arena event ticket sold goes to Glendale. The team generates revenue for 42 games and more when there are playoff games. Hotels and restaurants are full. If the team leaves, there will be fewer nights when Westgate will produce substantial revenue for the city.
Now there is Greg Jamison as a potential owner. The Jamison Group will benefit Glendale in the long term. Jamison has a proven track record. He turned the NHL San Jose Sharks into a successful and profitable team. He made the San Jose arena a popular and paying venue. He invested in the community of San Jose. What he did in San Jose he can do in Glendale.
Westgate, with the Coyotes, the Cardinals and Cabela’s, is poised to explode with development. A majority of the zoning in and around Westgate has been approved. Glendale will host the Super Bowl in 2015. This synergy is destined to put Westgate on track to become Glendale’s second economic powerhouse.
|
I laughed at the "restaurants and hotels are full" line. I was at two establishments literally within sight of the arena right after their game 2 home win against Nashville. Not only was there nothing to indicate a hockey game had taken place only minutes before, but you could've shot a cannon through the place and not hit anyone.