Yeah, good point. Having a basketball tournament is much better than being decent humans.whitherSTL wrote: ↑Oct 20, 2022Remember the days when STL was an AWESOME host of big-time sporting events? Wasn’t that long ago. Sadly, now our priorities are social justice, economic equity and reparations.
Weeeeeeeeee! What a town.
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It’s off topic, but I think that if this were put up for vote again, it would pass. The Kochs might’ve helped kill the measure, but I don’t think Megan Barry’s affair scandal helped the cause any. I have no doubt that if her scandal didn’t happen, it would’ve passed.dweebe wrote: ↑Oct 20, 2022I also think Nashville is quickly heading towards becoming Austin TX 2.0 when it comes to traffic. Every time I've been there or driven through regardless of the time of day
1) I hit some sort of jam
2) the drivers are some of the most angry/aggressive around.
And there's a reason
Regarding Nashville’s new stadium, people on their forum were debating that 60,000 seats is too small for a Super Bowl.
Is that seriously the size they're talking about?chriss752 wrote: ↑Oct 20, 2022Regarding Nashville’s new stadium, people on their forum were debating that 60,000 seats is too small for a Super Bowl.
Curious if anyone with access to BizJournal article can not any interesting tidbits that the biz community might be expressing as far the Ram's settlement?
https://www.bizjournals.com/stlouis/new ... -rams.html
https://www.bizjournals.com/stlouis/new ... -rams.html
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A document he sent to St. Louis Mayor Tishaura Jones, St. Louis County Executive Sam Page and the board of the entity that owns the Dome at America's Center details three "models" for using large, one-time awards:
- Setting up a "long-term trust/endowment for sustainable investment." "The intent would be to maintain the corpus/principal of the trust in perpetuity (or for some pre-determined length of time) while using investment income to fund economy-building efforts in the St. Louis metro on an annual basis. (A review of average returns over the past several decades indicates that average investment returns of approximately 5% can be assumed.) In this model, it would also be possible to set up a trust in a way that would allow philanthropists and institutions to contribute additional funds, building a more robust corpus and therefore more substantial investment returns."
- Spending down in the short term "for catalytic projects." "Place funds in a trust intended to house them in the short term while a plan for expanding the funds for catalytic, economy-building projects and programs is developed and implemented. The trust would invest large amounts of money into high-potential projects over a finite short-term period (e.g., 3-7 years), with a goal to fully expend the trust over that period. Like Model 1, this option could also be structured in a manner that catalyzes additional philanthropic and institutional investment into projects (e.g., matching-funds)."
- Spending over both the short and long term. Combine models one and two "by putting in place a structure that would expend a per-determined amount of funds in the short term for current catalytic projects and place the remaining funds into a long-term trust to form a corpus that will use investment returns to fund projects and programs in perpetuity (or for a pre-determined amount of time). This model could potentially catalyze additional philanthropic and institutional support for projects in both the short and long term."
^thanks,
Was hoping for something more specific as it seems obvious suggestions: spend now, spend later and or a both. Instead, something along the lines of what does the business group considers " for catalytic projects". Is it say a grant to build affordable housing that might kickstart the railway exchange rehab or say a City Garden upgrade /909 chestnut parking project to support the rehab of St Louis tallest tower or maybe along the lines of infrastructure such as matching funds a rebuilt Market/Forest Park Ave rebuild with some of the funds for Harris Stow improvement or say go all in for the removal of the raised section of freeway between Wash Ave & Cass Ave for an at grade blvd & street rebuild around the stadium.
All for setting aside reserves and rainy days but here is an opportunity for the city and county to pursue a couple catalytic type projects or at least of the matching funds set aside for such projects - for the city either rebuilding the Market Street/Forest Park interchange along with some funds to support Harris Stowe improvements and or removing the raised freeway and replacing with an at grade blvd between Wash Ave & Cass Ave. Where as the county could put forth some serious funds for rebuilding River Des Peres and or Deer Creek floodway/greenway as a long term flood mitigation plan (including giving some of the funds to Brentwood on work already completed). Or should I say the third option
Was hoping for something more specific as it seems obvious suggestions: spend now, spend later and or a both. Instead, something along the lines of what does the business group considers " for catalytic projects". Is it say a grant to build affordable housing that might kickstart the railway exchange rehab or say a City Garden upgrade /909 chestnut parking project to support the rehab of St Louis tallest tower or maybe along the lines of infrastructure such as matching funds a rebuilt Market/Forest Park Ave rebuild with some of the funds for Harris Stow improvement or say go all in for the removal of the raised section of freeway between Wash Ave & Cass Ave for an at grade blvd & street rebuild around the stadium.
All for setting aside reserves and rainy days but here is an opportunity for the city and county to pursue a couple catalytic type projects or at least of the matching funds set aside for such projects - for the city either rebuilding the Market Street/Forest Park interchange along with some funds to support Harris Stowe improvements and or removing the raised freeway and replacing with an at grade blvd between Wash Ave & Cass Ave. Where as the county could put forth some serious funds for rebuilding River Des Peres and or Deer Creek floodway/greenway as a long term flood mitigation plan (including giving some of the funds to Brentwood on work already completed). Or should I say the third option
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Split of the $519m
City $250m
STL county $169m
RCA $70m
Convention expansion $30m
City $250m
STL county $169m
RCA $70m
Convention expansion $30m
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Seems fair enough. City gets more than county as direct loss of tax revenue, and RCA gets 400%+ return on their 17mil investment in new stadium effort (including expansion allocation).
Not only did Kronke have to pay $700 million, but his stupid football team is 3 and 7 this year. Back to reality, Stan.
Unfortunately I bet if asked, he would say that he would gladly do it all again.
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What a stupid stadium design. Was shocking how many people were getting carried out on stretchers from slipping on the floor. For how much that stadium cost, it should be fully enclosed or have retractable walls.
Honestly the Dome just needs a new roof that allows light in like Allegiant Stadium and then just some general upgrades for seats, scoreboards, and concourses and it would be more than adequate. Get Mizzou to play there regularly, try and get an annual bowl game, and then maybe someday way down the line we’ll get another NFL team
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Honestly the Dome just needs a new roof that allows light in like Allegiant Stadium and then just some general upgrades for seats, scoreboards, and concourses and it would be more than adequate. Get Mizzou to play there regularly, try and get an annual bowl game, and then maybe someday way down the line we’ll get another NFL team
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With the possibility of neutral site NFL playoff games coming in the next few weeks do you think the Dome Authority people even threw our hat in the ring to host?
My bet is NO.
My bet is NO.
Dome is already booked for an RV convention that weekend.whitherSTL wrote:With the possibility of neutral site NFL playoff games coming in the next few weeks do you think the Dome Authority people even threw our hat in the ring to host?
My bet is NO.
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Chicago seems like an obvious choice. Wouldn't be surprised about Detroit either
The Dome is decently booked with conventions and Monster Jam. Part of the reason the Battlehawks start the season with three road games.CG91 wrote: ↑Jan 10, 2023Dome is already booked for an RV convention that weekend.whitherSTL wrote:With the possibility of neutral site NFL playoff games coming in the next few weeks do you think the Dome Authority people even threw our hat in the ring to host?
My bet is NO.
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Rams money hits St. Louis, St. Louis County bank accounts
https://www.stltoday.com/news/local/gov ... the-latest
https://www.stltoday.com/news/local/gov ... the-latest
The three-month U.S. Treasury bills the parties to the Rams relocation lawsuit agreed to purchase in October matured Thursday, earning some $5 million more to bring the total split between the three entities up to $520 million. And all three — St. Louis, St. Louis County and the Regional Convention and Sports Complex Authority that owns The Dome at America’s Center — had plans in place Thursday to invest the money and continue earning interest on their share of the settlement.
...............
The city plans to park the money in the Missouri Securities and Investment Program, an entity used by the state’s school districts and local governments to invest government funds. The current annualized yield paid by the program’s liquid investment option, which can be withdrawn any time, is 4.34%.
...............
The county is investing its money in U.S. Treasury bonds and other government enterprise debt with maturities between six months and 11 months. Those investments are yielding between 4.73% and 4.85%.
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RSA board members, who met Wednesday, said they plan to park their cash in a liquid money market fund earning about 3.85% while they pick a financial services firm to invest their money.
Was at the Battlehawks game yesterday. First time seeing football at the Dome. Honestly I don’t think the Dome is that bad. It has good sight lines and gets really loud when the crowd is into it.
If the NFL ever comes calling again, I think you could get the Dome up to NFL standards easier and cheaper than building a new stadium. But we need to make some of these upgrades regardless with the Dome still being in use for Battlehawks, Mizzou football, concerts, etc.
The biggest issue is the roof, it needs a modern roof like Allegiant Stadium in Vegas that lets light inside. I don’t know how feasible it is but it would make a dramatic change.
Aside from that it obviously needs some other basic improvements like LED lights, scoreboard upgrades, new turf field, new seats that aren’t red, and general cosmetic improvements. But nothing too crazy besides the roof.
I really think we can make the Dome work in the long term. I’d rather we keep it and renovate it rather than build a stadium in the suburbs or tear down the riverfront to build one whenever the NFL comes back. It’s in a pretty solid location being next to Wash Ave and Laclede’s Landing and if that area started to see some more development it would be even better.
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If the NFL ever comes calling again, I think you could get the Dome up to NFL standards easier and cheaper than building a new stadium. But we need to make some of these upgrades regardless with the Dome still being in use for Battlehawks, Mizzou football, concerts, etc.
The biggest issue is the roof, it needs a modern roof like Allegiant Stadium in Vegas that lets light inside. I don’t know how feasible it is but it would make a dramatic change.
Aside from that it obviously needs some other basic improvements like LED lights, scoreboard upgrades, new turf field, new seats that aren’t red, and general cosmetic improvements. But nothing too crazy besides the roof.
I really think we can make the Dome work in the long term. I’d rather we keep it and renovate it rather than build a stadium in the suburbs or tear down the riverfront to build one whenever the NFL comes back. It’s in a pretty solid location being next to Wash Ave and Laclede’s Landing and if that area started to see some more development it would be even better.
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^the CVB pitched a 250-300 million reno to keep the Kroenke Goats here. Team countered with a 700-800 mil overhaul, which CVB obviously declined.
NFL isn't coming back, and more definitely not without a new stadium. And yes, we should keep the dome and make meaningful improvements to ensure future events like final four, etc.
NFL isn't coming back, and more definitely not without a new stadium. And yes, we should keep the dome and make meaningful improvements to ensure future events like final four, etc.