Who says a pro sports stadium should cost $60 million?
Here's one that went for 1 percent of that.
| Posted at 10:43 AM | Permalink |
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Comments (7)
You know what they say though:
"Location, location, location."
Posted by George Anonymuncule Seldes | November 17, 2009 11:35 AM
OK so a $20 million sale fell through.
And the ony thing left to do was a closed bid fire sale?
That sure sounds like our own Port of Portland.
Why could the city put up a for sale sign with an asking price of say $5 million?
1/4 of the earlier $20 million.
Posted by Ben | November 17, 2009 1:15 PM
About the right price. I read that you can buy a 3br house in Detroit for $1,000.
Posted by Gil Johnson | November 17, 2009 1:30 PM
About the right price. I read that you can buy a 3br house in Detroit for $1,000.
Only if you don't know how to negotiate
Posted by mp97303 | November 17, 2009 2:23 PM
This gives me great comfort as to the value of PGE park after put about $50M in rehabs into it - After MLS dies.
Posted by Steve | November 17, 2009 2:29 PM
So, what are the new owners going to do with it? A Costco? a Casino?
Posted by notapottedplant | November 17, 2009 2:31 PM
Well, assuming 10 games a year, each game cost the good citizens of Pontiac about $160,000 a game. I hope they think they got their money's worth.
Posted by Sid | November 17, 2009 5:30 PM