Rick sends information and a link to a stadium subsidy discussion scheduled for Monday on NPR:
I wanted to let folks in Sports Economist Land know that I'm going to be a guest "expert" on a Philly-area NPR radio show this Monday morning. The topic deals with the ongoing plans for a new publicly subsidized soccer stadium in Chester, PA.
The segment on this topic is from 10-11 a.m. EST. A spokesperson for the investor group goes for 20 minutes, then I'm on for 40 minutes. Phone-ins are welcome, even from a distance. Here's the link for live streaming and call-in information.
Speaking of the public - private dichotomy, I recently came across this description of what is going on with the new Yankees Stadium project:
The new Yankee Stadium will have party suites, a members-only restaurant, a martini bar and a price tag to match all the luxury -- $1.3 billion, up from the original estimate of $1 billion.
"We tried to reflect a five-star hotel and put a ballfield in the middle," said Yankees chief operating officer Lonn Trost, who hosted a media tour Thursday.
The new ballpark, set to be ready for the 2009 season, is directly across the street from the old House that Ruth Built. The site is now a welter of cranes and construction trailers, with hard-hatted workers patrolling the infield.
The granite and limestone exterior is designed to evoke Yankee Stadium when it opened in 1923, before it was remodeled in the 1970s.
But inside there will be amenities unheard of in Babe Ruth's day -- or in Reggie Jackson's.
There will be a conference area with video conferencing so that a corporate group could have a daylong meeting and then stay for a game. A concierge will be available to procure theater tickets or restaurant reservations.
There will be 51 luxury suites, two large outdoor suites and eight party suites with seating for up to 410 people in total.
The 58-by-103-foot center field television screen will be six times the size of the video screen at the current stadium.
A year and a half ago, it was reported that $200m of the then $1 billion project would come from the city and state of New York.
Martini Bar? Make mine a double.