symphonicpoet wrote: ↑Mar 07, 2023
jeff707 wrote: ↑Mar 06, 2023
This is an interesting thread, because 10 years ago the conventional wisdom on this very forum was absolutely that stadiums were bad for downtowns.
My recollection is that the argument was that public funding for stadiums was a bad investment. Which I suspect is still the consensus around here. I remember a lot of discontent with the plan for the Rams stadium requiring so much demolition for nothing more than surface parking, and a fair few people saying the proposed tech incubator would be a better use of both the space and public money. I doubt anyone would say anything different now. Lots of discontent over the parking component of City Park, but not enough to overcome the many very good things about the project or our general love of sportsball. (Whatever objection we have to a stadium generally disappears on opening day.) Maybe I'm misremembering something, but my recollection is that it was more nuanced than "stadium bad." Or even "go 'burb that thing!"
burb (bərb)
v. To ban an unsightly or undesirable land use from an urban core, esp. low density developments.
The YIMBYS burbed surface parking with the new form based code.
yep.
To further immolate the dead horse I've been beating on this forum for 20+ years (check the receipts, they're all here)
Sports stadiums should get no more tax $$ than any other business. Too often in STL and other city's trying to keep their teams from moving, sports stadiums get excessive tax money. City Park being privately funded is a huge win for city residents, especially coming on the heels of the failed vote from 2017 that would have had the city provide like $60 million to a soccer stadium. (Many suburbanites were very mad at that failed vote! I've found too many suburbanites view the city as a playground, not a place in which people actually have day-to-day lives.)
Mostly, sports stadiums bring foot traffic to the areas immediately surrounding the stadium on game day. That's truly it. They are fun. Stadiums do not provide many impactful non-game day benefits to a city.
For sports teams that have a fan base that doesn't travel and instead have fans that are almost all in that region, sports teams/stadiums bring a very small wider regional economic impact. For instance, all the folks that were at Maggie O'Brien's saturday? Those people are likely 100% from the region. If they weren't spending $$ at MOB, that $$ would have just been spent at something like Bar Napoli in St. Charles. Same $$ in the region, just being spent in different places. (Now, in a region like STL in which the city itself has to fight for regional tax $$, this is a win for the city tax coffers. Region tho? nil)
Despite all of the above, I prefer having the regions sports stadiums in downtown STL. It's good for the region's morale. It's fun. People are obviously very excited. Enjoy it.