Sept. 21, 2017 @ 11:53 a.m.
I'm reading $500,000 for less than 2yrs. It's the sponsorship of the Holiday Bowl and promotion of concerts that makes me think they're interested in the building. I read, at KPBS, that they promote events at their ATMs. If that means they sell tickets there, there is an interesting synergy. Before they turn a shovel, developers usually name the site.
Sept. 20, 2017 @ 5:06 p.m.
The SDCCU naming is interesting, perhaps the building has found a champion. It's reported that they intend to sponsor events at the Stadium. They might be positioning themselves for some lending on the property. There might be a way to refinance the absurd bonds on the building at a profit. Hmm. Is that an alternative plan I smell cooking?
Sept. 19, 2017 @ 12:53 p.m.
The key to the suckering is the demolition of the Stadium, which is said to be too expensive to use. This claim is likely aided by accounting tricks, there is a six million dollar charge called "contracts" on the books. I can't easily find any explanation. If our Stadium is destroyed, and the Aztecs try to play in the absurd Petco Park, like a kid with a wrecked car, the City will be ripe for a swindle.
Sept. 17, 2017 @ 10:50 p.m.
The Stadium Land is developed now, as a Stadium and parking lot. The public likes this, so much so that the latest scheme pretends to be for the purpose of building a new stadium on the site, hence the name Soccer City. This may surprise many, but developers aren't officially part of the City Government and sometimes don't get their way automatically. Nearly twenty years of hard sell didn't sell the Chargers' scheme to bulldoze the Stadium and build condos. I suspect Sucker City will fail also.
Sept. 17, 2017 @ 3:53 p.m.
FMV is another word for we'll talk price after the sale. Let them put their chips on the table, the price including the flood abatement plan, then we can talk. Since they don't I am certain that it's a scam. Even if the price were reasonable, I oppose selling parkland for condos in the center of the City. As for flooding, it's not an act of God. Whenever you see an urban development underwater, be certain a developer pulled an evil scheme. Anyone who trusts obvious con artists like FSI to protect our safety is a fool or in on the scheme, and therefore qualified to run for City Council.
Sept. 17, 2017 @ 1:04 p.m.
IKEA and Lowe's haven't flooded YET, because we have been in a drought. And that's not the Stadium. The Stadium is built on a flood control berm, doubling as a parking lot. Yes, a billion dollar flood control channel can be built to protect unwise construction, as was proposed in the 1960's. Should the City do this to help give away parkland? If the Stadium is to be torn down, perhaps the land should be returned to a wetlands park, to help protect foolishness like the River? Run! condos downstream.
Sept. 17, 2017 @ 11:39 a.m.
The area proposed for development was underwater this year. Our Rainfall this year was not exceptional. http://www.sandiegoreader.com/users/p...
Yes, development can be protected by flood control engineering, this is what the giant Stadium Parking Lot does for the Stadium. I fight for our parkland wherever it is, but we should remember Mission Valley was developed last not because the town didn't start there, at San Diego Mission, but because wiser heads had respect for the River, which erased the earlier mistakes.
Sept. 16, 2017 @ 6:40 p.m.
The Stadium field flooded multiple times. The flood this year happened with empty reservoirs, basically local runoff. http://www.voiceofsandiego.org/all-narratives/neighborhoods/why-mission-valley-is-underwater/
Sept. 16, 2017 @ 9:14 a.m.
The field at San Diego Stadium floods by design. This is pitched as a flaw, but the floods are ignored when proposing billion dollar developments on the same site.
Sept. 15, 2017 @ 5:52 p.m.
UCSD is non-profit, but that didn't stop them from selling the land for University City. If the split campus will work, students should be willing to park next to the Stadium and take the Trolley to SDSU. That might free up parking lots for development on campus. Parking structures have already made room for some development on parking lots.
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