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Old Posted Jan 12, 2010, 5:05 AM
dmont dmont is offline
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Join Date: Dec 2009
Posts: 17
Quote:
Originally Posted by fenwick16 View Post
I received this message from Councillor Dawn Sloane regarding the meeting next week., Monday January 18 at 2 PM.

I am hoping for a good turn out to show support for this topic. Initially, for this meeting I am hoping that we will get the go ahead on a trust fund through the HRM. In my mind this would be the first step towards actual construction of a stadium.

We will have to wait to see what the councillors and Mayor have in mind. It is great to see that an HRM stadium has not been forgotten.
I like the trust fund idea, it's symbolic that there is a group out there willing to make sacrifices to try and realize this dream...

...but at the same time, you can't honestly expect that there will be any amount of capital in this fund significant enough to be the driving force behind a stadium project.

A 25k seat stadium temporarily expandable to 40k will cost (at minimum) $100M to $150M. I will drop dead of shock if this trust fund even reaches $10k. It is a classic free-rider problem.

When it comes to stadiums, there are three options:

1) Host major international sporting event.
2) 100% government funding (without hosting international sporting event).
3) Public-private partnership with cost/revenue sharing.

I made a post two pages ago (http://forum.skyscraperpage.com/showthread.php?t=174940&page=31) about why the first two will NEVER happen and that the 3rd option is both the ONLY realistic chance at getting Halifax a stadium, and also the BEST shot at getting a stadium that is cost-effective, well designed, and likely to be home to an anchor tenant for decades to come. I'm not sure if people missed it or ignored it, but in my humble opinion I think it raises some points that are vital to our strategy moving forward.

We absolutely cannot forget that getting a stadium built is a SALES job, at this point. A computer or physical model should be designed to capture peoples' imaginations; it doesn't need 100% of the details ironed out.

I haven't been posting for a while because this thread has become more concerned with designing a pretty stadium graphic than actually mounting a campaign to build public support for a stadium project. Need to get back on track, people...
     
     
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