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12-11-2012, 02:54 PM
Buck Aki Berg
My pockets hurt
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Join Date: Sep 2008
Location: Ottawa, ON
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Originally Posted by Fugu View Post
Well, if you consider the cost to build some other venues in the recent past:

Prudential Center: $375 in 2007
Jobing: $220 in 2003 ($278 in 2012 dollars)
Xcel: $130 million, ($175 million in 2012 dollars)
Consol Energy: $321 million in 2010 ($350 million in 2012 dollars)

These are all multipurpose arenas.

What are you getting for the additional $300 MM?
Some of that can be attributed to the rising cost of material and labour. I have no data to back me up for your specific cases, but it's been widely stated in the old return-of-the-Jets threads that there's no way on Earth that the MTS Centre could have been built today for the $133.5 million ($175 million in 2012 dollars) that they built it for.

I'm sure Ilitch is also asking for more than he *really* needs, knowing that he won't get what he wants, but will settle for what he needs. No matter what he asks for, the amount of public money will be trimmed down, so you might as well start high so that the stuff that gets trimmed off are the most superfluous and least necessary.

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