Viewing a single comment thread. View all comments

frobro122 t1_j9ttku4 wrote

This is one of those things that sets Richmond apart from other cities to me, the lack of commitment to entertainment venues.

Between this and the coliseum, I just don't understand why the city has such a problem maintaining and building venues like this?

14

LoveiseverywhereXOXO t1_j9v63ms wrote

Because people in Richmond are sick of having our tax dollars thrown into private business ventures that don’t deliver on their promises, see Redskins training camp.

−3

frobro122 t1_j9v9ecb wrote

Except that these types of venues have been shown time and time again to be a good investment for cities. See Charlottesville, Charlotte, Raleigh, Louisville, and Norfolk as examples

4

LoveiseverywhereXOXO t1_j9vamfr wrote

No they have not, statistically these projects loose money. And why look elsewhere when you can look at the Diamond and the redskins training camp or any of the other schemes that have all had big promises and then fell flat.

0

KiwiStack t1_j9vkg8m wrote

Please provide a source for these statistics. Preferably for other minor league baseball teams, not the training camp because that is completely different.

4

LoveiseverywhereXOXO t1_j9vlx9a wrote

Here is an article that links to several studies that show that minor league stadiums do not deliver on revenue for cities and are also a bad investment because the MLB is pulling teams out of even newly built stadiums because they are loosing hundreds of millions a year in failed business model.

https://reason.com/2020/12/31/these-cities-built-minor-league-ballparks-with-taxpayer-money-now-they-dont-have-teams-to-play-in-them/

1

KiwiStack t1_j9vntfm wrote

Clicked every link in this article, none of which leads to a study. They all go to other articles.

2