Blanket statements just don't work. You can't say that no arena or stadium has ever benefitted a community. PETCO Park in San Diego is probably the greatest shining example of an area that got completely revitalized. Gaslamp Quarter is flat out awesome. I've been there 5 times since the park opened in 2004 and it gets better and better every time I go. It's also the reason I visit San Diego so that's at least two people who wouldn't have gone there otherwise.
It's also impressive to see all the condos going up around the park. The area was a wasteland before 2004.
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