Considering there ain't jack crap there at the moment to make the land valuable, it can't hurt the property values, that's for sure. And, hopefully, when the new businesses/hotels/condos move into the area as a result of the stadium, that will surely increase the property value. Minute Maid Park and Toyota Center certainly made downtown land worth a heck of a lot more. DP may do the same
I'm interested to know just how exactly you can become so familiar with the area, and Houston economics out there in cagon, cali...
Oh, I don't know, you tell me... how is a structure, which will sit vacant 340 days a year, with the exterior appearance of a high school stadium (utilitarian, exposed pilings and bleachers) going to trigger the kind of investment necessary to lift property values and create a major destination out of the immediate area. My guess is that if the city really believed in the potential of the site turning into something great, they wouldn't tolerate a soccer stadium as the anchoring land use. We're not talking Camden Yards or Stamford Bridge here, this thing is bland and basic and doesn't look all that different from a high school stadium from the outside. Not exactly the material for an 'urban renaissance'. It's nothing against the stadium, I like me my Crew Stadiums and BMO Fields just fine, and I'll like this one too. I'm just not convinced that there will be a flood of investment because an erector-set stadium moved to the neighborhood.
Not a fan of the design for the Dynamo stadium, I can't tell much from the rendering tho. It looks Allianz arena esque, which I don't really care for. Nice to have another stadium in the league tho, and one I can make away matches to regularly.
haha style wise it comes to mind, I guess I should of put that I'm using this reference very loosely.
I don't see how the aesthetic of stadium has all that much effect on localized property values. Correct me if I'm wrong, but isn't what raises the surrounding value the fact that it's the center for a large congregation of people? When businesses know that there will be many people flowing in and out of a particular spot, then there's higher competition to get in on the action. On top of that, the fact that it's downtown means that it will already have a somewhat steady stream of traffic. Once you focus 20K more people on top of that for over 30 games a year (including both teams), then the location is highly desirable. Unless I'm mistaken, Rhino Stadium is in a location that's relatively dead commercially for the majority of the year. The extra 10K that show up for 15 events per year isn't enough to offset the dead times throughout the rest of the year so there isn't too great of an impetus to own businesses there. The Dynamo's stadium, being downtown, won't have as severe of dead times, in addition to already congregation more people for more events.
Let's not forget that both the East End Chamber of Commerce and the Hispanic Chamber of Commerce are both backing this project as they feel it will give them opportunities to expand and ad shops, pubs, restaurants, etc.
i would hope for u guys 25-30k.... for playoffs and good games you guys get very good showings.... i think 20-25k is low for u guys....
Yeah, you forget that the Dynamo is owned by AEG, and they feel that taxpayers should pay for the stadium. They just run it and fleeze the city.
AEG only owns 50% of the Dynamo. The Dynamo are paying the vast majority of the money for this stadium. The public contribution is fairly small. To my understanding much smaller than in KC, Philly, Toronto, or Frisco, to name a few other MLS stadium deals, none of which are owned by AEG.
i think 21,000 is a good size. the dynamo get excellent crowds for the playoffs, however they don't get 25-30,000 for normal, regular season games. i don't know enough about the location to judge how large of an impact that will make, but would much rather see a consistently packed house over a few bumper crowds in the playoffs. have room for a stadium expansion of course.
Exactly, and if the final design is anything at all like the preliminary designs, than expansion will be a piece of cake. All you'd have to do is build the next deck and drop it on top of the current stadium (so to speak).
Yeah, that H-town stadium looks like it will be easily expanded. Just add a grandstand over the sidelines every couple of yrs. the seating/standing areas behind each goal will be fine for each of their SGs, judging from the only time I saw them up close in Houston.