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Old 09-06-2014, 09:44 AM   #26
FRPLG
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Join Date: May 2004
Age: 47
Posts: 10,164
Re: New Stadium for the Redskins being planned . . .

Quote:
Originally Posted by Giantone View Post
The stadium is equity ,tear it down and lose a lot of value .Maryland doesn't want it ,Ravens ,no ,Navy,no ,even if you develop the land and add housing there isn't enough property to equal the value lost in the stadium .I doubt even Dan Snyder will throw away 750/850 million dollars .
The land alone is worth at least $500,000,000 based on location and infrastructure. A mixed use development of it would generate a fair amount more in revenue for the county and state than the current situation where it sits empty 345 days a year.

The physical stadium equity argument is dubious. The actual stadium is only worth what they could get to have someone else occupy it and there aren't a bunch of revenue generating pro or college sports teams wandering around homeless.
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