Home Stadium Convo

[That Guy]

I understand he's still a billionaire getting a hand out, but at least ownership is putting up a large chunk of cash and is doing some city planning (green spaces etc). Inside concept of the glass dome looks great, and it's good that the team will be back in DC.

[GridIron26]

Originally Posted by That Guy

I understand he's still a billionaire getting a hand out, but at least ownership is putting up a large chunk of cash and is doing some city planning (green spaces etc). Inside concept of the glass dome looks great, and it's good that the team will be back in DC.

Can you elaborate on that part? From what I have read, the city will cover the cost for infrastructure around the stadium while Harris and his team will cover the cost of the stadium.

[punch it in]

Originally Posted by GridIron26

Can you elaborate on that part? From what I have read, the city will cover the cost for infrastructure around the stadium while Harris and his team will cover the cost of the stadium.

I agree. No hand outs. What’s good for the goose…..
It’s a win for Harris, and the city. Jobs. People spending money. Etc etc etc.

[That Guy]

Originally Posted by GridIron26

Can you elaborate on that part? From what I have read, the city will cover the cost for infrastructure around the stadium while Harris and his team will cover the cost of the stadium.

it's still nearly a billion dollars of tax payer money going to subsidize a billionaire's business interests.

if it works out, they'll get it back in taxes, but not nearly as fast as harris recoups his money from owning it (the stadium, the complex, is he the landlord on the retail and housing too?).

I'm not against it, but it's definitely a thing that's going to be brought up.

[GridIron26]

Originally Posted by That Guy

it's still nearly a billion dollars of tax payer money going to subsidize a billionaire's business interests.

if it works out, they'll get it back in taxes, but not nearly as fast as harris recoups his money from owning it (the stadium, the complex, is he the landlord on the retail and housing too?).

I'm not against it, but it's definitely a thing that's going to be brought up.

I see your point now, although I don't think it is that simple as you are making it to be. I personally hate the idea of NFL owners using tax funds to cover stadium costs, and I was surprised by this arrangement between Harris and DC as I see it differently. The infrastructure around the stadium would still happen if there is no stadium - of course, the designs would have been different if there is no stadium but infrastructure improvements still have to happen anyway. Not only the improvements are needed, it would create better traffic control and jobs for people near the stadium. Yes, Harris benefits this indirectly but taxpayers also benefit from Harris' investment into the stadium. So to me, it's win-win situation except for those taxpayers who don't like football.

[That Guy]

Originally Posted by GridIron26

I see your point now, although I don't think it is that simple as you are making it to be. I personally hate the idea of NFL owners using tax funds to cover stadium costs, and I was surprised by this arrangement between Harris and DC as I see it differently. The infrastructure around the stadium would still happen if there is no stadium - of course, the designs would have been different if there is no stadium but infrastructure improvements still have to happen anyway. Not only the improvements are needed, it would create better traffic control and jobs for people near the stadium. Yes, Harris benefits this indirectly but taxpayers also benefit from Harris' investment into the stadium. So to me, it's win-win situation except for those taxpayers who don't like football.

I mean, sort of. The amount of infra needed BECAUSE of the massive stadium (water, streets, sewage, etc), the price is WAAAAY higher than if they left the area a bit dumpy. It is a win-win, because the taxes SHOULD pay it back with interest/cover the increased maintenance (depending on the details).

I can't see how having a new stadium + retail + housing (more people) is going to make DC traffic any better.

[GridIron26]

Originally Posted by That Guy

I can't see how having a new stadium + retail + housing (more people) is going to make DC traffic any better.

Yeah, the traffic will never get better. I mean in terms of directing traffic around the area. I really hate 1 way streets.