An article in today's Spectator quotes American sport management professor Mark Rosentraub saying American sports and entertainment developers "would have loved to get into the Canadian market" by investing in a West Harbour stadium.
Rosentaub, who is giving a lecture tonight at McMaster, has studied stadium economics and concluded that urban stadiums can help rejuvenate city cores but self-contained "theme-park" style stadiums produce very little rejuvenation.
Honestly, sometimes I think we should just pull out of Pan Am Games. We're sitting on one of the last great untapped markets in North America and we've heard nothing but amazing things from Katz and AEG about the West Harbour site.
I'm tired of hearing from the very best in the business who say "we could have done something great" but instead we're going to do another lame big box development with Osmington.
The city owns Ivor Wynne and will own our new stadium. I think they need to seriously talk with AEG and/or Katz and do the RIGHT thing in this stadium debate.
With no election planned for four years, now is the time for council to make the right choice and start working with a real partner who actually has money and actually knows what they are doing instead of ruining a once-in-a-generation development opportunity over small vision and narrow self-interest.
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