Phoenix XXI: When will then be now?
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02-11-2011, 07:02 PM
Money making machine
Join Date: Jul 2010
Originally Posted by
It looks like a second parking study was done by Walker. It is on the Goldwater website and is dated January 24, 2011 and is 138 pages long and titled "Final Report". It looks like a great read for the next two weeks.
It looks to me as pro forma income is unchanged from the previous doc. Most of the pages are about the same. The updated one includes several appendices that weren't included in the original.
NOI of $2 mm in the first year versus over $6 mm in debt service.
Something I didn't notice last time.... they assume 7,500 people attend Coyotes pre-season games on average, staring next season.
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