Posted Sep 25, 2019, 12:07 AM
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Closed account
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Join Date: Aug 2016
Posts: 3,875
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The Skydome has several obstacles against its replacement.
It basically has the best spot in the city for it - aside from the Port Lands, there's not tons of undeveloped land in downtown Toronto. So, if they want to redevelop it, they've got the expense of tearing it down first. Then you have to decide how to coordinate that with the team too.
Rogers got it for a song (IIRC $25 million, maybe?) and any serious stadium proposal would likely cost at least hundreds of millions of dollars. Even with the most generous of government support, none would line up to give Rogers a blank cheque. So, Rogers would be on the hook for hundreds of millions, at least.
The last one might be that Skydome isn't really that bad. It doesn't have the newest features of ball stadiums (I don't know why a stadium needs a fish tank, but hey, whatever floats your boat), but it has lots of revenue-generating boxes (which tends to be a big hangup for owners with old stadiums) and is pleasant enough to enjoy a game in, rain, shine or snow.
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