Quote:
Originally Posted by Envitro
I wonder what the ROI for overly grandiose libraries looks like  |
This is an easy target but it is not a correct comparison. Calgary Public Library building is an architectural marvel. This is a public domain building, which serves many purposes; primarily, educational and cultural. Financial ROI is not a measurement to be applied for it.
The new Arena and Event Centre building is in a different category, because its primary purpose is generating revenue and providing public entertainment on a grand scale. Not to say that ROI is the only criteria for its feasibility assessment, but it is one of the primary criteria.