Tag: Economic Development

Arena Ballpark Stadium

Buffalo is struggling to limit city leaders access to the luxury suites at the Bills new stadium

Last year, the Buffalo Bills beat the Pittsburgh Steelers in an AFC playoff game. The Governor of New York, Kathy Hochul, billed taxpayers for almost $600 worth of wine and a total bill that day of $1923 and change. As the Buffalo News reported, it would eventually come out that taxpayers had paid “more than $6300” for the governor to attend four different games. According to the state and county, this luxury suite is “meant to boost economic development.” I wish someone would explain to me how this happens…in any way, shape, or form. The spokesman for the governor…

William Neilson Jr.
Arena

If the current San Antonio Spurs arena never lived up to its economic promises, why would another new arena be any different?

The San Antonio Spurs believe that a new arena would revitalize downtown. Except, haven't San Antonio residents heard that claim before? Yes, they heard this exact claim many times. Why? Because the Spurs seem to ask for a new arena every few years. Whenever they push for a new home, we get to hear about the many claims of economic glory that will follow a new sports venue. Arguably the biggest issue with the last arena was whether the city would see a share of the team's revenues from the arena. By some accounts, it was literally the last…

William Neilson Jr.
Ballpark

10 years ago, Biloxi, Mississippi built a new ballpark and promised economic home-runs

The ballpark was to be built for the Biloxi Shuckers, the Class AA affiliate of the Milwaukee Brewers. In 2015, the city spent $36 million to build a new ballpark. Mississippi Gov. Phil Bryant claimed the new ballpark “would be an economic development driver for the area”. A local foundation estimated that this new ballpark would result in “an additional $10 million annually in visitor spending”. As AL.com notes, the ballpark came with a “promise of home runs inside and outside the stadium”.

William Neilson Jr.
Ballpark

Worcester was promised that Polar Park would pay for itself, it has not and will not

In 2018, Worcester, Massachusetts, agreed to finance a substantial portion of taxpayer money to build a brand-new ballpark. Although the city would be borrowing around $100.8 million for this project (making it the 4th most expensive minor league ballpark to be built), city leaders justified this expense by stating how the ballpark would fund itself, if not make the city money in the long term. At the press conference announcing the deal, the city manager told everyone outright that “in essence, the project pays for itself”. What if there are cost issues after the ballpark is built?

William Neilson Jr.