Comment 55998

By mrjanitor (registered) | Posted January 12, 2011 at 12:32:55

Zephyr,

I have to call BS on your last post. Hamilton fan wrote this:

Will such a facility at WH, if it remains 6000 for years to come, be a drain on city coffers? Already they are looking at HECFI and how much it loses and thinking of privatizing it. To use the term "failing business", that would seem to apply to what the city owns and operates now in HECFI. Zephyr, then people need to develop a written business case and present this to council and quick if it's not too late.

You responded:

The WH business case was done many years ago, the WH was part of the PanAm bid book, and the site has been ratified 7 times

You clearly reference the studies already done for a ti-Cat leased 25,000 seat stadium, not studies that need to be done for a 6000 seat stadium. In response I wrote this:

That business plan would have been for a 25,000 seat stadium with a major tenant bringing in close to capacity crowds 9-10 times a year, not for a 6000 seat scalable stadium with small if any attendance for community use. Honestly, how can you compare the two venues under the same business plan.

Then you rebuttal me with this.

Changing the business plan to a 6,000 seat stadium fulfills the PanAm game mandate (amateur athletics legacy) nicely and is indeed what other communities are proposing to the PanAm committee as a contingency in case Hamilton fails to find an acceptable solution.

Zephyr, business plans are based on studies, statistics, financial analysis and on examples from other sites reference as a precedent, there are not something you just simply 'change'. A business plan is not something you throw together in a day to justify what you happen to believe, the data has to match the business assumptions. Please tell where the data discussed exists for a 6000 seat stadium in West Harbour? I don't think there is any in existence.

You are reaching for straws on this now, please discuss things that are in existence or can be completed in the next two weeks.

Comment edited by mrjanitor on 2011-01-12 12:36:57

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