Quote:
Originally Posted by Xelebes
Edmonton has major trade shortages, most of it tied up in multi-billion dollar upgrader projects and work in Fort McMurray. Wages typically start 35 dollars an hour on these projects so they have quite the draw.
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Average construction labor in the Bay Area is probably quite a bit more than that for a project like this (in other words, not a project that can use undocumented labor). Being on state-owned port property they'll likely have to use all union labor, which could quickly rise to double that or more.
Quote:
Originally Posted by fishrose
There have been several new arenas constructed within the last 10 years that cost FAR less than $1.5 billion in 2012 dollars.
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None of those arenas were built on a 100 year old rotting pier in a seismic zone on the shore of one of the most expensive urban centers in the country though. They've still got multiple years of lawsuits to get through (an arena blocking some views of the Bay? Dozens will be filed, many by folks with very, VERY deep pockets).
All of that said, I like this idea and location - hope it happens. I'm just skeptical at this point.