When an NFL team wants to build a new stadium, it often argues that the facility would boost the local economy.
But that is not true, says Roger Noll, a Stanford professor emeritus in economics. [...]
"NFL stadiums do not generate significant local economic growth, and the incremental tax revenue is not sufficient to cover any significant financial contribution by the city," said Noll, a senior fellow at the Stanford Institute for Economic Policy Research. — stanford.edu
Zaha Hadid, the architect whose plans for the National Stadium have been scrapped, hopes to remain involved in the planning for the centerpiece for the 2020 Olympics, the Japan Sport Council said Thursday.
The council said Jim Heverin, a director of Hadid’s company, conveyed her wishes on a fact-finding visit to Japan following the cancellation. [...]
Meanwhile, it has been revealed that Japan faces a ¥5.9 billion bill for the work done so far and contracts already signed. — japantimes.co.jp
Despite Japanese Prime Minister Shinzo Abe pulling the plug on Hadid's stadium design last week due to the unforeseen astronomical costs, the Japan Sport Council is nonetheless on the hook now for ¥5.9 billion (nearly $48 million) for the work that had already been done so far by various...
After multiple reassurances that Zaha Hadid Architect's design for the Tokyo Olympic Stadium would continue, despite skyrocketing costs since its 2012 announcement and constantly decreasing public favor, Japanese Prime Minister Shinzo Abe announced today that the stadium would be scratched in...
World-famous architect Tadao Ando was astonished to learn that the design he chose for the new National Stadium would cost ¥252 billion to build, he said at a press conference Thursday, where he spoke for the first time since the swelling cost became an issue. — The Japan News
According to Reuters, the massive ballooning in the construction costs of Zaha Hadid's relatively unpopular proposed design for Japan's National Stadium are not the fault of the chairman of the design committee, Tadao Ando: "Soaring construction and labor costs, along with a rise in Japan's...
The price tag for 2020 Tokyo Olympic stadium is now a whopping $2.1 billion. That’s more than the stadiums for the past three summer Olympic stadiums combined. That’s pretty silly! So is the stadium’s new Photoshop meme. — kotaku.com
With the current estimated cost for Zaha Hadid 's stadium design clocking in at more than $2 billion (that's $700 million more than the initial estimate), a recent poll by Japanese news network NHK found that "81 percent of respondents say they disapprove of the plan to build the stadium without...
The stadium will be wrapped in a cage of slender concrete and brick columns that will rise to a zig-zagging profile, before folding over to form the roof – as if the architects’ tangle of struts in Beijing’s Bird’s Nest stadium had been straightened out and neatened up. — theguardian.com
Herzog & de Meuron's design for the Football Club stadium in Chelsea takes fandom to the level or religious zealotry, borrowing dramatic gothic elements from Westminster Abbey – the structure that formerly stood on the same site. The design's heavy masonry, brick and railway-style vaults...
Two massive arches that form the backbone of the stadium's roof, a feature that critics blamed for raising construction costs, will remain part of the design. — usatoday.com
When confronted with Zaha Hadid's too-big and too-costly design for the 2020 Olympic National Stadium, Tokyo officials decided to go ahead with the designs anyway – or else, add "too late" to that list of descriptors. Any additional major changes to the design (Hadid already scaled back the...
We were invited to Qatar by the prime minister's office to see new flagship accommodation for low-paid migrant workers in early May - but while gathering additional material for our report, we ended up being thrown into prison for doing our jobs.
Our arrest was dramatic. — bbc.com
The Carson City Council unanimously approved a privately financed stadium for the San Diego Chargers and Oakland Raiders on Tuesday night, barely two months after the public announcement of the $1.7-billion project.
"There are two things we need in California: rain … and football," Carson Mayor Albert Robles said after the 3-0 vote. "And football is coming to Carson!" — latimes.com
Houston’s iconic NRG Astrodome “can and should live on” as a multi-use park that will enhance the quality of life for residents of the city, serve as a popular tourist destination, and catalyze economic development that enhances the greater NRG Park and benefits the region as a whole, according to a report released today from the Urban Land Institute (ULI). — uli.org
After investing five years and $50 million in an attempt to bring an NFL team back to Los Angeles, AEG is abandoning plans for its Farmers Field football stadium downtown.
The sports and entertainment conglomerate is no longer in discussions with the NFL or any teams about the project, company officials said Monday. [...]
In recent weeks, competing stadium proposals in Inglewood and Carson, backed by NFL team owners, have overshadowed the AEG plan. — latimes.com
Prime Minister Shinzo Abe says he wants Japan to showcase its cutting-edge technology in the new national stadium being built for the 2020 Tokyo Olympics and Paralympics.
Abe made the remark on Monday at a meeting with a study panel on the stadium. [...]
Prime Minister Abe [...] said he wants to hear people in other countries calling the new stadium great.
Some people have raised concerns about high maintenance costs for the new facility. — NHK WORLD News
While some of that Japanese cutting-edge technology (for example 3D projection) will be found in the entertainment department, other features, like facial recognition, could enable ticketless entrance and serve security and counterterrorism efforts.Previously
In the last 20 years, just one NFL stadium has been built solely through private funding. [...]
Still, when it comes to getting the best deal out of an arena, leaving taxpayer money off the tab is only a good start.
Studies have repeatedly shown that sports teams don’t have the far-reaching economic impacts that one might assume, and experts have noted that stadiums aren’t as catalytic as some franchise owners might tout. — nextcity.org
Does it make sense for Qatar to host the 2022 World Cup? German architect Albert Speer, whose office is in charge of the project, says yes -- and is doing all he can to ensure sustainability. In a SPIEGEL interview, he says how. — spiegel.de
The owner of the St. Louis Rams plans to build an NFL stadium in Inglewood, which could pave the way for the league's return to Los Angeles...Owner Stan Kroenke, who bought 60 acres adjacent to the Forum a year ago, has joined forces with the owners of the 238-acre Hollywood Park site, Stockbridge Capital Group. They plan to add an 80,000-seat NFL stadium and 6,000-seat performance venue to the already-massive development of retail, office, hotel and residential space... — LA Times
"The announcement is the latest in more than a dozen stadium proposals that have come and gone in the meandering, two-decade effort to bring an NFL franchise back to the nation's second-largest media market. But Kroenke's move marks the first time an existing team owner has controlled a local site...
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