I'm glad that turkey is on the south side of the river....
https://www.courier-journal.com/sto...kfc-yum-center-billion-dollar-baby/498902002/
https://www.courier-journal.com/sto...kfc-yum-center-billion-dollar-baby/498902002/
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Are they going to have a bronze statue of Rick Pitino having an affair with a waitress on a restaurant bench? And a picture of prostitutes waliking out with players and recruits, with a suitcase full of $150,000 to illegally buy a recruit?
True, and LOS cost about a billion but it's an indoor football stadium. These guys spent $1 billion on a basketball arena. As a comparison, Assembly Hall cost $26.6 million when built and that's $161 million in 2017 dollars.Couldn't essentially the same article be written about every stadium build in Indy in the last 70 years? Lucas Oil won't be paid off til after is gets shut down or updated, either...
True, and LOS cost about a billion but it's an indoor football stadium. These guys spent $1 billion on a basketball arena. As a comparison, Assembly Hall cost $26.6 million when built and that's $161 million in 2017 dollars.
I'm glad that turkey is on the south side of the river....
https://www.courier-journal.com/sto...kfc-yum-center-billion-dollar-baby/498902002/
Well, apparently, they didn’t realize they were going to end up spending a billion on KFC Yum! The construction costs themselves were less than $300M.
Having been personally involved with similar projects (though not that one) I’m not the least bit surprised. The driving mentality behind these projects is more about the bright, shiny new thing and the supposed civic benefits than a sober, realistic evaluation of true cost, payback, etc.
We’ll end up seeing lots more of these kinds of white elephants in coming years.
That is BS. There was zero justification to demolish 22-yr-old RCA. The convention center could have been built to the south, southeast or southwest without tearing down the stadium. What Fred Glass did was cowardly groveling to the Irsay goon.Reading the article, it seems like much of the issue with YUM was choice of location (over 100M more than another downtown location), and a decision to have a large entry plaza rather develop a hotel on that spot, which that would have produced additional revenue.
While you can debate the efficiency of the money spent on Lucas Oil, I think the decisions surrounding location and development of the area were well thought out. The site was predominantly parking lots, and demolition of RCA allow for expansion of the convention center, which will probably have better economic impact than the new stadium itself.
That is BS. There was zero justification to demolish 22-yr-old RCA. The convention center could have been built to the south, southeast or southwest without tearing down the stadium. What Fred Glass did was cowardly groveling to the Irsay goon.
That is BS. There was zero justification to demolish 22-yr-old RCA. The convention center could have been built to the south, southeast or southwest without tearing down the stadium. What Fred Glass did was cowardly groveling to the Irsay goon.
LOL
Yeah.....there was nothing wrong with RCA or the general area.
Did you go to a Colts game in the 80s......neither did anyone else
The public lie that was used to justify the demolition of RCA was that Indy was frantic to expand it's convention center and the O*N*L*Y way to do that was to tear down the stadium. It was complete bullshit.I agree.
Lucas Oil Stadium isn’t the downtown Indy stadium that shouldn’t have been built...the RCA Dome is. Of course, the major push behind the original stadium was to lure an NFL team. And, on that score anyway, it worked.
But it was an awful facility — as evidenced by the fact that it only existed for a little over 20 years...before a far superior facility had to be built in order to keep the team there.
With the building of LOS, Indy went from having one of the worst stadiums in the NFL to having one of the best. To the degree it’s been a financial lead weight, I’d put most of the blame on its hastily built and poorly conceived predecessor.
The public lie that was used to justify the demolition of RCA was that Indy was frantic to expand it's convention center and the O*N*L*Y way to do that was to tear down the stadium. It was complete bullshit.
You do realize that building Lucas Oil enabled Indianapolis to get the Super Bowl which brought in a lot of revue to the city.That is BS. There was zero justification to demolish 22-yr-old RCA. The convention center could have been built to the south, southeast or southwest without tearing down the stadium. What Fred Glass did was cowardly groveling to the Irsay goon.
You do realize that building Lucas Oil enabled Indianapolis to get the Super Bowl which brought in a lot of revue to the city.
I agree.
Lucas Oil Stadium isn’t the downtown Indy stadium that shouldn’t have been built...the RCA Dome is. Of course, the major push behind the original stadium was to lure an NFL team. And, on that score anyway, it worked.
But it was an awful facility — as evidenced by the fact that it only existed for a little over 20 years...before a far superior facility had to be built in order to keep the team there.
With the building of LOS, Indy went from having one of the worst stadiums in the NFL to having one of the best. To the degree it’s been a financial lead weight, I’d put most of the blame on its hastily built and poorly conceived predecessor.
You do realize that building Lucas Oil enabled Indianapolis to get the Super Bowl which brought in a lot of revue to the city.
And generally, the max usage of stadiums built in the 60s through the 80s was about 30 years ( e.g. Cincinnati, Pittsburgh, New England, Seattle), so 20-some years isn't that off the mark.
True. But (a) the RCA Dome still died at a younger age than all of those, and (b) even 30 years is a pretty bad benchmark for the lifespan of a major sports venue to begin with.
The Dome served its primary purpose -- to attract an NFL team to Indy. And I don't have any idea what its books looked like c. 2008. But, from the day it opened, it was never a very nice facility. You always had the impression that it was put up as quickly and cheaply as possible in order to entice a team to town.
I agree that 30 years is a pretty short lifespan. I was just pointing out that stadiums were generally poorly conceived of during that era - quick and cheap were about the only considerations before the 90s. I've heard it mention before that Camden Yards (1992) ushered in a new mindset in stadium construction where cost efficiency wasn't the primary factor in its design
They openly admit it was built to attract an NBA team to Louisville and in that regard, it is a complete failure.What do people in Louisville think about the location and overall design of the Yum facility?
Also Indy just won bid to host 2016 FF
Just look at Downtown Indy before 84 and after and that is all you need to see. Downtown was ghost town and there was really no reason to go downtown unless to go to a Pacers game.There's always going to be debate whether the direct economic impact of a stadium/sports team is going to offset the state/municipal subsidies that go into building the new stadiums. However, in general, Indy probably benefits more than most from an image stand point by having pro sports teams. Without them, Indianapolis is probably a rung below places like Columbus OH, Louisville, and Memphis, and probably more on par with the likes of Raleigh NC, Richmond VA, and Hartford CT. The image factor is a bit intangible, but is probably worth the BS associated with sports teams, especially football.
I really never minded the RCA Dome as a venue because most seats were very good especially for football. I probably saw at least 25 Colts game and well over 40 college basketball games in the Dome.True. But (a) the RCA Dome still died at a younger age than all of those, and (b) even 30 years is a pretty bad benchmark for the lifespan of a major sports venue to begin with.
The Dome served its primary purpose -- to attract an NFL team to Indy. And I don't have any idea what its books looked like c. 2008. But, from the day it opened, it was never a very nice facility. You always had the impression that it was put up as quickly and cheaply as possible in order to entice a team to town.
I thought Freedom Hall was dirty and due for replacement. They hadn't bothered to change the ceiling tiles from the smoking days and many were black the last time I was in there. It looked old and Louisville is big enough for something better. I'm sure many say it as a waste of money.
I wasn't excited when Evansville tore down Roberts Stadium and built the new Ford Center downtown. Roberts had a lot of infrastructure issues and would have cost a lot to repair and maintain.
I have two complaints. They had to shoehorn it into a confined space and made design changes to make it fit. You can tell. The problem with space was made worse because it was designed to be a better hockey facility than basketball. The baseline permanent .seats are about a mile from the floor. It looks great hor hockey and awkward for basketball,
What do people in Louisville think about the location and overall design of the Yum facility?
Fred Glass renovated Assembly Hall and has made countless facility improvements without so much as putting it on the taxpayer.
That's why that guy has the job he has.
Fred Glass renovated Assembly Hall and has made countless facility improvements without so much as putting it on the taxpayer.
That's why that guy has the job he has.
Much more to do with the team than the venue, theyLOL
Yeah.....there was nothing wrong with RCA or the general area.
Did you go to a Colts game in the 80s......neither did anyone else
Much more to do with the team than the venue, they
were not called the Dolts for nothing.
What happened was Bill Polian & Peyton Manning demonstratedColts were 14th (4-12) in attendance last year.
Colts (8-8) were 14th in 2016.
And 14th the previous 2 years which included a 12-4 season.
And without Luck, Colts might not win 4 this year. But I bet they are around 14th in attendance.
Seems like record really doesn’t have an effect on attendance.
But in the 80s, Colts drew terrible crowds.
What’s changed?
What happened was Bill Polian & Peyton Manning demonstrated
that the Colts could win in Indianapolis and it
had nothing to do with architecture. Those that
attend today are hoping lightning will strike again.