static70 Posted March 20, 2010 Author Report Posted March 20, 2010 A bit confused, you have "offered"? You are going to buy, build, and/or arrange financing? :thumbsup:
PromoTheRobot Posted March 20, 2010 Report Posted March 20, 2010 Actually, 2.5 billion was a sarcastic example, I would have to create a spread sheet and run the actual numbers for a facility of this size, but just off the top of my head in all honesty, your looking at a 1.4 billion dollar private project. Federal stimulus money would only be utilized for immediate infrastructure upgrades. Roads, drainage, etc...etc.... The real issue here is that its just not viable for Niagara Falls. This is a tourist destination, you really want a dome stadium in downtown Buffalo. This area is unique, it offers a large tourist attraction but with Buffalo's existing infrastucture already in place, you really want to direct commerce to that area. They should regionalize in an effort to work to together to rebuild the area, there in lay the real problem, to much me, me, me and not enough us, us, us. I have to disagree. The fact that NF is a unique tourist destination makes a domed stadium an ideal addition. A venue that size would allow you to compete for world-class events. Having the Falls with it's attractions is an added benefit. I mean if you are going to host, say, a Final Four, wouldn't it be great to offer those extra attractions when fans are away from the arena? I mean what is there to do in Indianapolis for heaven's sake? Of course having an NFL team like the Bills there would be the thing. Have you seen the development around Gillette Stadium in Foxboro, MA? Patriot Place? How much cooler would having an entertainment complex PLUS the Falls next to an NFL stadium? I'll tell you this, it would make the Bills more attractive to NFL free agents. Plus having such a venue and attached development would do a lot to even the scales with Niagara Falls, ON. I mean NF,ON is never going to have an NFL team. (BTW, I do realize that the Bills have to actually agree to play in a new stadium. And right now it's unlikely Ralph Wilson Jr. would sign any deals tying the hands of the next owner. Any deal like this would have to be done by a potential new owner, one that wants to keep the Bills in WNY.) It would be a waste of money putting a dome in downtown Buffalo because of the city's reputation. No one wants to go to Buffalo, but people will go to Niagara Falls. I'd love it if you ran some quick numbers just to see what it would take. Figure 70,000 seats with a fixed dome, maybe an inflatable roof ala the Carrier Dome. PTR
static70 Posted March 21, 2010 Author Report Posted March 21, 2010 I have to disagree. The fact that NF is a unique tourist destination makes a domed stadium an ideal addition. A venue that size would allow you to compete for world-class events. Having the Falls with it's attractions is an added benefit. I mean if you are going to host, say, a Final Four, wouldn't it be great to offer those extra attractions when fans are away from the arena? I mean what is there to do in Indianapolis for heaven's sake? Of course having an NFL team like the Bills there would be the thing. Have you seen the development around Gillette Stadium in Foxboro, MA? Patriot Place? How much cooler would having an entertainment complex PLUS the Falls next to an NFL stadium? I'll tell you this, it would make the Bills more attractive to NFL free agents. Plus having such a venue and attached development would do a lot to even the scales with Niagara Falls, ON. I mean NF,ON is never going to have an NFL team. (BTW, I do realize that the Bills have to actually agree to play in a new stadium. And right now it's unlikely Ralph Wilson Jr. would sign any deals tying the hands of the next owner. Any deal like this would have to be done by a potential new owner, one that wants to keep the Bills in WNY.) It would be a waste of money putting a dome in downtown Buffalo because of the city's reputation. No one wants to go to Buffalo, but people will go to Niagara Falls. I'd love it if you ran some quick numbers just to see what it would take. Figure 70,000 seats with a fixed dome, maybe an inflatable roof ala the Carrier Dome. PTR I know you disagreed, so I ran some prelimanary numbers for you. 70,000 seat facility wouldn't cash flow in a timely manner. So your looking at 82,500 capacity. Without tax abatements or deferments your looking at 1.23 billion in Buffalo and 1.57 billion in N.F. The variance in the numbers lay in the infrastructure upgrades required as well as property valuation projections. Not to mention, any idea of N.F. having a facility such as this is already a moot point. I've been in meetings with the city, county and state over several projects in the area and this would not fit into the city master plan and the NY state parks planned expansion. Sorry, it is what it is I'm afraid. Downtown Buffalo is where a stadium such as this will be built.
PromoTheRobot Posted March 21, 2010 Report Posted March 21, 2010 Too bad, static. I think it could have been awesome. The next logical place would be by the alleged Canalside development. Maybe on the ex-Casino land. I'm just not convinced it's gonna happen. PTR
wacollin Posted March 21, 2010 Report Posted March 21, 2010 Not to mention, any idea of N.F. having a facility such as this is already a moot point. I've been in meetings with the city, county and state over several projects in the area and this would not fit into the city master plan and the NY state parks planned expansion. Sorry, it is what it is I'm afraid. Downtown Buffalo is where a stadium such as this will be built. ...and the NF, NY master plan has done so much to improve the landscape and smell over the last, oh I don't know 20-30-40 years. Hard to belive they would turn a deaf ear to any project with so much upside? If done right a stadium project like PTR' s attached to you'rs could include park area's and greenspace that could be used on non event days. ... But just my thought.
static70 Posted March 21, 2010 Author Report Posted March 21, 2010 ...and the NF, NY master plan has done so much to improve the landscape and smell over the last, oh I don't know 20-30-40 years. Hard to belive they would turn a deaf ear to any project with so much upside? If done right a stadium project like PTR' s attached to you'rs could include park area's and greenspace that could be used on non event days. ... But just my thought. The city's master plan is less than 4 years old, so to attack it is pretty much useless. There isn't really much blame here for what has transpired in WNY, particularly Niagara County. You have to fully understand just how important this area was to the industrial revolution, then understand that its because of what took place here over 100 years ago that modern day society has the technology it does today. With that being said, its not just a city plan either, there are other agencies that need to merge into this, such as the county and the biggest draw to the area, the State Park. Sorry, once again, once you understand the dynamics of the region in a larger sense, you would say, oh, now I understand.
SABRES02138 Posted March 22, 2010 Report Posted March 22, 2010 Well, I have offered the city of Niagara Falls a 6,000 seat arena with a convention center. Along with that would come four 5 star hotels close to the water front in downtown and a 5th hotel with an attached 4 story atrium for a theme, rainforest, aquarium, whatever the theme would be. These would be individually owned of course and subsequently you would get the natural flow of commercial projects, i.e. eating, shopping, etc....etc..... Before the economic down turn N.F. would get roughly 5 million people annually visiting. Now the numbers look like 3.5 to 4 million, but these are global visitors which is fantastic to promote the region. Oh, and by the way, all projects I just mentioned would be renewable energy buildings with various technologies. Is there a link to such proposed development? Four 5 star hotels proposed in Niagara Falls?
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