Comment 50917

By mrjanitor (registered) | Posted October 30, 2010 at 08:42:57

More from Rosentraus:

-Yankee Stadium and Cowboy Stadium are great facilities in awful location as there are no opportunities for synergies around them.

-Don't build a bare-bones stadium, it's a waste of money. If you build it must have a "WOW" factor.

-The San Diego baseball stadium he states as being so successful does not have any parking in the vicinity. Trips are made by public transport or people park a distance away and walk.

-The core of his thesis: The main reason for a city to build a stadium is to provide GEOGRAPHICALLY CONCENTRATED entertainment and lifestyle opportunities for the 21-35 year olds to stay in the city and enjoy its amenities. These are the people who provide the 'Human Capital' that make a city successful through initiatives and, literally, patents. Without new patents being created in a city it will wither and die. The key to all successful cities in the last 50 years is that they retained the creative class that invented. They did that by creating an exciting environment and having attractive housing such as condos and townhouses that appealed to 21-35 year olds close to the entertainment areas. Without entertainment and housing in a concentrated area for the target age range; no human capital.

Edit: He started that lecture off with this statement, "In relation to growth in a city, where economic activity occurs matters more than how much economic activity occurs"

Comment edited by mrjanitor on 2010-10-30 07:52:37

I am the love child of Karl Marx and Ayn Rand

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