Happy first Friday roundup of 2022! A couple of days ago I thought maybe we’d have a refreshing lull in new stadium demand news to start the year, but then hell started a-popping to make up for lost time:
- When the Tennessee Titans moved from Houston in 1997, they became one of the teams to get a state-of-the-art clause requiring their city to spend whatever it takes to keep their new stadium “first-class” relative to other NFL stadiums. (The St. Louis Rams, who moved two years earlier, ended up using their clause to demand a whole new stadium, then when that didn’t happen to break their lease and move to Los Angeles.) Now, a year after dropping hints and some renderings about what kind of upgrades they were looking for, Titans owner Amy Adams Strunk has revealed the price tag: $600 million, half of which would be funded by kicking back future sales taxes from 130 acres of land around the stadium. This would be part of a lease extension for the Titans, which makes one wonder why the state-of-the-art clause in the old lease is even in play, but when you have Nashville Convention and Visitors Corp. CEO Butch Spyridon saying “there’s a sizzle that comes with Nashville because of the entertainment industry” and “you can’t buy that kind of aura,” it may be too much to hope for hard-nosed bargaining.
- “Tampa Bay Buccaneers will not seek a new stadium, county commissioner says” is the headline in today’s Tampa Bay Business Journal, but it leaves out what Hillsborough County commissioner Ken Hagan also said: “They’re going to want to ensure that we’re continuing to make that a world-class facility so you don’t need a new facility.” Bucs owners the Glazer family just got $29 million in renovation money in 2016 (plus $10 million in federal pandemic stimulus money in 2020); no word yet on what the Glazers will be asking for this time around, but given that Hagan is already setting this up as at least it’ll be cheaper than a whole new stadium, expect it to be a lot.
- New York Gov. Kathy Hochul ended up not discussing Buffalo Bills stadium spending in her State of the State address, but a team spokesperson and Erie County Executive Mark Poloncarz both say there should be an announcement soonish.
- The Voice of San Diego has a long story about San Diego’s Frontier neighborhood, an integrated community with low rents built by the federal government to solve a World War II housing crisis that the city demolished in the 1960s in the name of “urban renewal” and replaced with its sports arena. There was a lot of that going around in Southern California at the time.
- For those readers who complain that this site focuses too much on sports subsidies when plenty of non-sports construction projects get equally huge taxpayer gifts — there aren’t many, since most readers appreciate that life is short and corporate welfare is long, but I hear from you occasionally — here’s a story about how the state of Texas is giving Samsung $981 million in property tax breaks plus $260 million in infrastructure improvements for a new chip plant in the Austin suburb of Taylor. Good Jobs First has calculated that this will be the largest subsidy deal in Texas history, but Taylor Mayor Brandt Rydell responded, “Whether we would end up on some list and wind up being criticized for the project, that is not something we were concerned about.” Damn naysayers, always saying nay! Anyway, hope Taylor residents are okay with paying property taxes while the giant electronics company down the road doesn’t.
- And finally, your moment of vaportecture:
https://twitter.com/jvhawkins/status/1478777675586101249