@CallaghanPeter Going forward, teams in northern tier cities have a harder time being chosen to host a Super Bowl if their stadium is open to the weather.
Paul Allen didn t want a renovated Kingdome because he thought football should be played outside. New Seahawks owners could well demand to play indoors.
What’s Behind All the Domed NFL Stadiums Being Built? wsj.com/sports/footbal…
So why would Sounders want a suburban stadium?
How Seattle’s Urban Stadium Brought World Cup Success, While Others Floundered theurbanist.org/how-seattles-u…
Anything in the Tacoma transpo measure for cycling? Is "multimodal enhancements" supposed to cover that; if so why not say that? I see nothing about bikes or complete streets in voters pamphlet. Are they trying not to trigger the "God-Damn-Bikes" Alliance?
voter.votewa.gov/GenericVoterGu…
@WolfOpitz That should be the entire ask then. Or hell, enjoy a stadium that was just praised as best World Cup venue. Public/private partnerships usually mean public risk and private profit. Maybe Allen Foundation will thank Washington taxpayers and share the profits from sale.
@CallaghanPeter All true…ideally, they wouldn’t need the longer term financing schedules but their financial models fail unless they can amortize the debt over 30 years instead of 10.
Enough revenue in the sport to put $9 billion into a purchase. So do pro owners really still need tax dollars for stadiums?
Why sale of Seahawks to Khosla family group is 'win all around'
seattletimes.com/sports/seahawk…
@WolfOpitz still not sure why it is public or why federal taxpayers subsidize. Calling them public starting decades ago was a means to getting public support. But there is little about them anymore that makes them public, especially when managed by private entities.
@CallaghanPeter Technically it’s still a “public facility” because a “public facility district/authority” or similar will need to be formed to sell the municipal bonds. And - the facility itself could be pledged as a security against the debt.
@CallaghanPeter They don’t need public MONEY but will still want access to public FINANCING that provides much longer debt maturities compared with shorter private debt maturities. Debt service should come from revenue generated by the facility and the teams/events that use it.
I knew FIFA doesn t allow stadium naming rights holders to be displayed during World Cup but this is the Lumen Field Event Center parking garage some distance away.