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Old 10-12-2008, 11:19 PM   #31
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Join Date: Feb 2004
Location: Houston, Texas
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Re: Rfk 2

The new Cowboys stadium was orginally supposed to cost $650 million, the stadium's current construction cost is in excess of $1 billion. This is in Texas where land is a fraction of the DC area costs and the cost of construction is also much lower.

With the economy in bad shape, our federal and local government budgets running at huge deficits, and our national debt multiplying at a quick rate, I do not see this happening anytime soon.
It is not the best time to try and borrow $1billion right now, even for Snyder. The federal goverment is giving billions to keep financial and lending institutions afloat.
I do not think the DC area tax payers are going to vote yes to put up bonds to finance this.
IMO it is not going to happen.
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Old 10-13-2008, 02:50 AM   #32
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Re: Rfk 2

Originally Posted by Giantone View Post
I don't know if you can call it a lease.It was a deal between the 2 to cover infrastucture by the added tax base and the forcast of how long it would take to pay for the things,also what do you do with and empty NFL stadium that holds 90 thoudsand people.The whole complex has been built around that stadium,home values ....nope they can't just pullout.
I think that I read that it was constructed with the ability to easily be converted into a shopping or office complex.
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Old 10-13-2008, 05:12 AM   #33
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Re: Rfk 2

Originally Posted by johnerotten View Post
it maybe 10 years,but a new stadium in dc will happen.what about the naming rights to fed ex field?were'nt the like 200 million for 20 years?

I thought more like 20 mil for 10 years.
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Old 10-13-2008, 09:28 AM   #34
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Re: Rfk 2

All I want in the New stadium is for it to Rock just like RFK. Probably not going to happen though.
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