Quote:
Originally Posted by Electrical Storm
Ken King was at UofC's downtown campus this morning for 'Haskayne Hour'.
Overall, the focus wasn't on Calgary Next, but rather on the value of professional sports on city building. Pretty interesting stuff. |
It was a valueless fluff piece of a presentation. They seemed to have overlooked the fact that the city already has professional sports teams, so no need to sell the social benefits of them unless its a veiled threat to leave. How is building Calgary Next going to add more social benefits above and beyond the existing teams and existing facilities wasnt even mentioned.
Also no discussion about why a professional team even bothers to look at new facilities, because ultimately it comes down to added money to the owners, and they like to ignore that motivation because then people ask the question, "if you benefit, why don't you pay for it".
Which leads to the glaring omission of any discussion at all of how to finance the development. Not a peep about the fact that the ownership group could pay for this out of pocket and barely notice a dip in their net worth. The UofC prof did mention briefly a few times that the preponderance of studies show no economic benefit to new stadium projects, but didnt spend much time elaborating on that.
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