Quote:
Originally Posted by Cappy
Exactly, and I think CalgaryNEXT is one of the grossest proposals I have seen.
Im saying there is an opportunity cost to spending. Indiana could have revitalized the downtown in several different ways than simply building a private stadium for the Colts.
The Sharks scenario is interesting because it lends credence to the idea that revitalization is led by the people and spending power in the city, not on the construction of a fancy new rink. I wonder what has happened in San Jose since early 90's???
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hmmm from what I've read Indianapolis has really has become a sports town, despite lack of an MLB or NHL team here and far beyond the Colts and Pacers. The drawing of the NCAA Final Four, a few great minor league teams, a world class tennis center--all of these have made the city both a destination and vibrant again. You and I may question the 1:? ratio of taxpayer money in to taxpayer benefit out, but I think in a city like that it is pretty clear Indianapolis would be a much different city without the Fieldhouse, LOS, Victory Field, and the Fairgrounds Coliseum.
I do agree with you that the Indy proposal is too much. 86% city paid for LOS. This is where the CalgaryNEXT project starts and as you say it's gross. So it can only get better than Indianapolis. KK has to bring something else to the table.