SBD/29/Facilities Venues

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  • BRAVES FANS GET SNEAK PEEK AT NEW BASEBALL STADIUM

         The first detailed preview of the new baseball stadium being
    built for the Olympics shows seats beyond the dugouts, "which
    traditionally have been the worst because they face the outfield,
    will be angled 10 degrees.  Fans in these areas won't have to
    crane their necks to focus on infield action."  The overhang from
    each level of seating is minimized, "so fans have unobstructed
    views of fly balls."  And fans accustomed to Atlanta-Fulton
    County Stadium "are in for a big surpise."  Those who sit at
    field level -- which is where most of the 49,800 seats are --
    "will have to pay closer attention to the games or risk getting
    popped by a foul ball."  The stadium is scheduled to open in '97,
    after reconstruction from an 85,000-seat track-and-field stadium
    for the Olympics.  The new stadium will have 52 skyboxes, each
    with 12-16 seats.  A stadium club in left field will have 400
    seats and 200 more in an adjoining bar.  There will also be 6,000
    club level seats (Michelle Hiskey, ATLANTA CONSTITUTION, 11/29).
    

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  • OPINIONS ON BUILDING STADIUMS OR ARENAS

         WASHINGTON, DC:  A WASHINGTON POST editorial notes that
    another deadline arrives Thursday in the timetable for building a
    downtown arena.  The Redevelopment Land Agency is scheduled to
    act on a recommendation to turn over city land to a non-profit
    coalition of business and civic leaders, known as the National
    Capital Development Corp. (NCDC).  This group would build the
    arena through the sale of bonds, about half of which would be
    publicly issued and backed by the city.  A second proposal by BET
    President Robert Johnson is tied to his "insistence" that he be
    allowed to buy a piece of the Bullets and have first right-of-
    refusal to buy the team outright from Abe Pollin.  The editorial
    notes that Johnson's campaign "has included one disturbing swipe
    at home rule" for the District, in that he has said he would not
    hesitate to take his proposal to Congress, rather than work with
    the DC City Council (WASHINGTON POST, 11/29).
         NO MORE STADIUMS?  Paul Daugherty, a columnist in
    Cincinnati, examines the trend of naming baseball parks, either
    parks, fields or yards, but not stadiums:  "This is the Camden
    Yard-ing of America, the notion that if you make everything feel
    old-fashioned, nobody will mind the high-prices.  Which are,
    shall we say, state of the art."  Citing the new Coors Field in
    Denver, Daugherty notes that Cincinnati will soon have a similar
    facility: "Reds Park at Bus Station Yard, or something.  These
    are the new cookie-cutter ballyards, just as the concrete voids
    were 25 years ago" (CINCINNATI ENQUIRER, 11/29).
    

    Print | Tags: Cincinnati Reds, Facilities
  • RAPTORS HAVE INCREASED THEIR OFFER FOR DOWNTOWN ARENA SITE

         The Raptors "are so hungry for a prime downtown site" for
    their planned arena "that they have upped their offer
    substantially, making a deal possible as early as this week,
    sources say."  The team, facing a deadline to start construction,
    has "apparently added millions to their bid" for the downtown
    site.  Raptors Chair David Peterson notes that the property is
    "extraordinarily attractive for a lot of obvious reasons."  The
    new proposal, like the original offer, would likely be a mixture
    of some cash up front, more payments by regular installments and
    some sort of "marketing rights" for present owner Canada Post.
    "Marketing rights" could range from inside or outside arena
    signage to full naming rights.  Raptors Owner John Bitove has
    said he hopes naming rights of the new arena gain the team C$30M.
    The site, now occupied by an empty warehouse, was worth as much
    as C$200M in '90, before the crash of the "then-booming real
    estate market."  The Raptors' original offer for the site was
    estimated to be about C$14M.  The property is reportedly on
    Canada Post's books at about C$65M.  Canada Post "is still queasy
    about any deal because it's worried about giving the taxpayer-
    owned site away for too little."  If groundbreaking on an arena
    is not done before October 1, the Raptors must pay the Ontario
    government C$1M.  The team will play its first two seasons at
    SkyDome (David Israelson, TORONTO STAR, 11/29).
    

    Print | Tags: Facilities, Maple Leaf Sports and Entertainment, Toronto Raptors
  • STATE OF THE STADIUMS: DOME IS WHERE THE HEART IS

         The Colts have now been in Indianapolis for ten years since
    leaving Baltimore in 1984.  Their home is the RCA Dome, formerly
    known as the Hoosier Dome before the naming rights were sold by
    the Capital Improvement Board.  The Board was established by the
    state legislature with appointees representing both the state and
    city.  The Colts receive no revenue from parking, concessions,
    advertising --and only 25% from luxury seating.  But, they pay
    one of the lowest rents in the league and share little in the way
    of game-day expenses.  Today, we profile the home of the
    Indianapolis Colts.
    STADIUM: RCA Dome, Indianapolis, IN
    AGE: Completed in 1984.
    CAPACITY: 60,500
    OWNERSHIP: Owned & operated by the Capital Improvement Board.
    LUXURY BOXES: 99 luxury suites -- team receives 25% of revenue, Improvement Board 75%.
    ADVERTISING: Capital Improvement Board holds advertising rights.
    SPONSORSHIP: RCA paid $10M over 10 years for naming rights – have renewal clause every five years. Total package $23M over $20 years.
    COST: Cost was $75M -- paid for by bonds and corporate donations.
    PARKING: 2,000 spaces at $7. Leased to private management company, who pays a fee to handle all parking. Team gets no parking revenue.
    CONCESSIONS: Service America -- on a management fee. Team gets no percentage of concessions revenue.
    LEASE: Expires 2004 with two 5-year options.
    RENT: Estimated at $250,000 -- 5th lowest in NFL.
    (Source: Mike Fox/Capital Improvement Board; rent figure from Florida Times-Union article on July 24, 1994).

    Print | Tags: Facilities, Indianapolis Colts, News Corp./Fox, NFL
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