Do they sell beer at the War Memorial or the baseball stadium?Will they be able to sell beer at a new arena? Before I go any further with any thinking on this issue, I need to know this answer.
I think it would be quite a bit more than what Rutgers got. Syracuse will play both football and basketball in the new stadium and that, combined with the major tenant, SU, being a much better overall program (better TV slots) and someone would pay more.Rutgers got 6.5 Mil over 10 years for the naming rights from High Point solutions, with it's major signage on I95. I really wouldn't add much if anything to that for us.
That being said the club features at the dome are really lacking, not sure what the upgrade should realistically be.
The new Chancellor is a lot different than Cantor. I think he wants to be open and honest about the project because he recognizes that SU and the community need to work together.
SU can't try to run the City and I expect his approach will be better in the long-run for both SU and the city.
I think it would be quite a bit more than what Rutgers got. Syracuse will play both football and basketball in the new stadium and that, combined with the major tenant, SU, being a much better overall program (better TV slots) and someone would pay more.
What is keeping the city from going bankrupt is the sales tax revenue the mall is bringing, even though the county changed the formula.
The hart-Lyman proposal here would be the best by far. In the first article.
As for COR'S my guess since the OCC campus of teaching hotel and hospitality course combined with a hotel I would almost guarantee that the hotel will tax exempt from property taxes
http://www.syracuse.com/news/index.ssf/2012/01/post_531.html
and I heard that COR wants to expand to house up to 4,000 students there.
http://innovationtrail.org/post/developer-unveils-big-plans-syracuses-inner-harbor
There is a lot of stuff flying around right now. And it looks like some ground work has been started down there.
She was promised 4 million additional square feet of retail, with a hotel, an aquarium, and an indoor water park.
Based on the promises Congel made, the city agreed to give him a 30 year exemption on property taxes.
Congel only delivered 800,000 additional sq ft of retail, of which probably 1/2 is still vacant.
30 years of property tax revenue sacrificed for only 800,000 sqft of extra retail? You can bet that the city finance people care.
Do they sell beer at the War Memorial or the baseball stadium?
They are not planning to install pee troughs. Does that answer your question?
You mean the mall that she did everything in her power to derail the expansion of?
Still not happy they would downgrade from 49K to 44K, I was firmly in favor of the new stadium... but 44K screams small time E Carolina stadium to me.
Keep the dome and renovate.
East Carolina's stadium has seated more than the Carrier Dome since 2010. They're going to expand to 58,000 soon. ECU has 6k more undergraduates than Syracuse.
A 44k seat stadium is perfect for Syracuse. We can fill the Dome, but we don't on a regular basis, and really never have. We could fill a 44k seat stadium on a regular basis.
I don't live in Syracuse anymore but I do keep up with the news. Was the city not almost bankrupt in recent memory? And some of you are wondering why the mayor isn't jumping at the first deal on the table? Wish my community had the good sense of your mayor.
Do they sell beer at the War Memorial or the baseball stadium?
Good sense? This deal wouldn't cost the city a dime, that's the issue.I don't live in Syracuse anymore but I do keep up with the news. Was the city not almost bankrupt in recent memory? And some of you are wondering why the mayor isn't jumping at the first deal on the table? Wish my community had the good sense of your mayor.
But they hold them (SU games) at the dome. And they sell beer there. And at Louisville games at the Yum center. Can we just put the silly concerns about not selling beer to rest.Yes?
They don't hold NCAA events at the War Memorial or baseball stadium though.
It's my understanding that most of the infrastructure costs are included in the proposal. I could be wrong.Any construction in Syracuse is great and I fully support a new stadium. But the thought it wouldn't cost the city a dime is just plain stupid. The city would have to re route streets, build all the underground plumbing and sewage. It would cost millions. With that said its worth the money just for the upgrade to the community alone.
I agree with all this but finding the financing would be difficult.Any construction in Syracuse is great and I fully support a new stadium. But the thought it wouldn't cost the city a dime is just plain stupid. The city would have to re route streets, build all the underground plumbing and sewage. It would cost millions. With that said its worth the money just for the upgrade to the community alone.
But they hold them (SU games) at the dome. And they sell beer there. And at Louisville games at the Yum center. Can we just put the silly concerns about not selling beer to rest.
That's what Congel promised and that's what Bernardi and other other officials at the time signed up for when they gave him the 30-year PILOT (despite the opposition of people like Miner). Congel got rich off the deal and marginalized his competitors in the area like Wilmorite but it's highly debatable whether he did much else for Syracuse, the county, and the general business climate here.
That's because there's practically nowhere else to do your shopping in the area. Congel rehabilitated a "brown field" and helped to create 6 others elsewhere. The city, county, and state helped him to monopolize the shopping trade in town. The malls that didn't have the sweetheart deal died on the vine. Good for Congel, I guess! That's good old-fashioned American free enterprise at work!
I agree with all this but finding the financing would be difficult.
This actually would be a great Tax Increment Financing project if the city gets enough revenue from the stadium, parking and business taxes to make the numbers work.
How much money is being generated by that are in the city now? Answer, Zero.
The infrastructure would be paid for by taxing the new structure and the city would be earning the sales tax revenue on it as well, just like they do from Destiny which has been said is way more than the taxes that they would be paying if they didn't get a tax break there.
I pay taxes, what do they go to...infrastructure and services I am pretty certain.