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Using the Arena District Model around the Country

Home Forums General Columbus Discussion Using the Arena District Model around the Country

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  • #1100939

    taxguy17
    Participant

    Model for Milwaukee? FOX6 visits arena in Columbus, Ohio, used as inspiration by Bucks officials

    http://fox6now.com/2015/11/08/model-for-milwaukee-fox6-visits-arena-in-cleveland-ohio-used-as-inspiration-by-bucks-officials/

    #1101023

    NDaEast
    Participant

    The Arena District has been a successful development – though almost every sports economist concludes that pro sports has a negligible impact on a region’s economy, but merely shifts economic activity from one part of a city to another. Here is my part tongue-in-cheek recipe for success: First, an unvoted public commitment for as much as is required to fund an arena and pay operating expenses for a professional sports team owned by multimillionaires and billionaire business enterprises is always a good start. Then buttress the 42 nights a year the arena is occupied and attracting crowds by the rent-free business for which it was created by building new tax abated office buildings to lure businesses from other parts of downtown and the region. Finally, throw in 100% tax abatements on residences that only the top 5% of families in the community can afford, and you’ve got the final ingredient in the recipe for success (do not include any affordable housing, as income segregation is the key to success). Then, if you can field a winning team, it would be gravy:

    Today’s Dispatch: “The Blue Jackets are 0-5 in Nationwide this season, the only NHL club without a home win. In those five games, the Jackets have been outscored 24-10.

    “If you don’t win home games in this league, you’ve got no chance,” Tortorella said. “We haven’t won a game in our place yet, and we’re a month into the season. That’s a sore spot for me.”

    It’s a sore spot on many fronts.

    That last home game against Winnipeg, played on a Saturday night, drew only 12,860 fans, about 70 percent of capacity in Nationwide. Many of those fans went home angry.

    The NHL is no longer a novelty in Columbus; many fans here are no longer willing to endure the chronic losing.”

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