KCRag Forum

kcdcchef wrote: number one, the land was given to them by the state. FREE, az wanted the development.
number two. construction started 3 years ago, so, by the time we started in kc, in 2008 IF WE WERE LUCKY 6 years will have passed since they broke ground.

so, since it is a 400m project, + 6 years, plus land acquisition, in a populated area versus the dessert where that thing went, then, yes, i could see it reaching the 700m the chiefs are saying new digs would cost

btw, 500m is half a mil, 300m is not. the chiefs, said that it could be BETWEEN 700m and a bil. they never said a bil.

LenexatoKCMO wrote: If you are buying that inflation has hit 270%, the fear mongers have really done a hell of a good job on you. 

LenexatoKCMO wrote: If you are buying that inflation has hit 270%, the fear mongers have really done a hell of a good job on you. 

im2kull wrote: Well, maybe not exactly 270%...

"...grew to $396 million as of last year (2004). That's an increase of nearly 400 percent...as stadium stories go. So consider also the case of Petco Park in San Diego. When the city ran out of money and construction of the park was stopped in 2001,...value dropped about 6 percent compared with the previous year, from $187 million to $176 million. After more bonds were approved and construction resumed, the estimated value began growing again, reaching $265 million by the time the park finally opened last year, an appreciation in value of just over 50 percent in three years' time."

Source: http://www.citypages.com/databank/26/12 ... e13266.asp

LenexatoKCMO wrote: If you hadn't of lopped off that qoute, maybe it wouldn't be so misleading. 

The Seattle Mariners saw an increase in franchise value from $107 million to $251 million between the announcement that Safeco Field would be built and its 1999 opening; in the five years that followed, Forbes's estimate of the team's value grew to $396 million as of last year. That's an increase of nearly 400 percent, and an anomaly as stadium stories go.

The auther is talking about an inflation in the value of the team, not the cost of the stadium. 

If you are going to misrepresent things that poorly, perhaps you should go apply for a job in Glorioso's office.