beautyfromashes wrote: ↑Wed Jan 10, 2024 5:57 pm
DColeKC wrote: ↑Wed Jan 10, 2024 5:49 pm
I agree with you. You get one shot to get the most synergy for your buck. That's why it's going in East Crossroads. It opens day one with synergy with Crossroads and PNL. East Village does not offer that opportunity. It opens day one as a stadium 3 or 4 blocks removed from all the activity.
$1billion from the Royals for an entertainment area and other development and a new stadium and you can’t find a way to connect it to existing activity a few blocks away?!?
If this plan does go through, the city should get some kickbacks from Cordish like removal of the annual bond shortage requirement. If you build an entertainment district and then have an arena built next door and new park across the street and a baseball stadium a few blocks away and cant cover your debt, you’re absolutely inept.
Always has to come back to Cordish when talking to me doesn't it!
How exactly would you connect East Village considering there are buildings that will not be going anywhere for a few blocks to the west and an interstate to the south? I don't care how much money they have, you can't do anything to EV that makes it on par with EC as far as proximity.
Why do you think the city loves this location? The original projections assumed T-Mobile would land a full-time sports tenant. This is an opportunity to generate more tax revenue which would help decrease the burden on the city budget regarding paying those bond shortages.
Ineptitude is the city backing a totally new entertainment area 4 blocks from one they are still helping pay for that would possibly decrease the revenue generated in that existing area, thus increasing the amount of debt they have to cover.
This will bring 1.3 million people downtown each year and that's in the worst case scenario.
Some people are so eager to fill this big hole that they're willing to settle for a less than ideal result.