Thursday, May 29, 2008

More Money for Stadiums?

DC United Seeks $250 million.

I'm a big a sports nut as the next guy, but a couple hundred million here (Nationals Park), a couple hundred million there (D.C. United) and soon we're talking real money.

The funny thing is that the Verizon Center, which has had a tremendous impact on development in the Chinatown area, was built by Abe Pollen, with his own money. I'm more skeptical of the investment in the baseball park, a soccer stadium and such.

Count me as a huge skeptic when it comes to publicly financed stadium deals.

No comments: