Quote:
Originally Posted by osmo
Your entertainment money is capped, you are spending the same dollars on entertainment as you normally would. How man people are bleeding themselves into debt for dinner and shows just because of a new arena?
The new car smell is still fresh but once things settle in routines will be had just as usual. You will spend your typical amounts for tickets, food, entertainment as normal. This isn't to say that Rogers Arena vicinity facilities won't do well, but this is just a shift from other various options folks were entertaining at before.
This is what the studies illustrate as new arena don't create any new demand. This isn't like a sun belt facility that is bringing in new events like Final Four, Super Bowls, NCAA FCS, etc that would be a net gain to the tourism and entertainment scene. The same typically events are still taking place in Edmonton. Edmonton isn't different. This model has been tried in countless cities with the same result.
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You need to think of the economy
within the city, not from outside. Before Rogers Place, Edmonton was considered a donut style city where all the economic activity was happening on the outer edges. Good examples of donut cities are rust belt cities such as Detroit, Buffallo, Niagara Falls NY, etc. Cities that have a donut style economy aren't considered to be healthy. Rogers Place is changing the donut, the centre is filling up and the outer edges are getting thinner, accelerating Edmonton's path towards a healthy city.