I have no idea. But one only has to look at the development in the area and see that there are many businesses and residential units that were not around before Nats Park. Revenues generated allowed the city to pay off the $500M+ in bonds off early, saving a ton of interest. That doesn't happen often.Please tell us how much is being a positive revenue stream in se.
I agree that RFK likely should have been leveled soon after FedEx Field opened. But they did have numerous soccer matches over the years, but obviously not nearly enough to justify keeping the place.Hows RFK Stadium revenues doing the last 15 or so years? Talk about a negative...its getting bulldozed next year, that should have been done 3-4 decade's ago.
I am not advocating for the government to use taxpayer money for stadiums or arenas because they rarely pay for themselves and the city is held hostage to the whims of billionaire owners. I'm just saying that in the case of Nats Park, it might be the exception to the rule. The DC government would have never issue $500M+ in bonds to repair the infrastructure in the city and most definitely the development in SE would be no where near what it is today.Why do you think its the governments job to use taxpayers money to give some, a place to play to begin with?
Well since they engineered and built it in OH............Interesting especially the pettiness between Ohio and North Carolina about the birthplace of aviation.
I agree, but private enterprises need capital to make such investments.No, that's not what I'm saying at all. What I'm saying is that private investment, private ownership is always better than the government doing it.
If private investors wanted to invest in redeveloping SE, why didn't they? Probably most saw it as a sh!thole area and not someplace worthy of their investment. I think if Nats Park was not there, SE DC would still look similar (rundown businesses, low-mid income housing, lack of any real shopping/restaurants, etc.).I am certain one can point out many instances of government "investing" in the sorts of things you mention here and state that some economic benefit to the community has been achieved. And I agree with you on the area surrounding Nationals Park, but could not the same outcome have been achieved by private actors? I'd say a better outcome in fact.
They wouldn't have money to spend as they see fit, and even if they did, not much would be spent around the S. Capital Street corridor. It's doubtful they would have issued $500M in bonds just to upgrade the area.If the sports team doesn't draw or do well, then the tax payers are still on the hook for the bonds which were issued. Would be much better for economic activity if the taxpayer weren't on the hook at all for the sorts of things. Then, they would have use of the money they are otherwise paying to the taxing authority to service the debt which was issued and spend it as they see fit -- on local businesses, for example.
That is lighter than air flight, he also came a few years after some guy in France.Well since they engineered and built it in OH............
Baltimore has a claim if they want it.
Peter Carnes brought his balloon to Baltimore, Carnes was too heavy for it to ascend. A 13-year-old boy named Edward Warren volunteered to ride in the balloon. The ascension was a success, making him the first American aviator, and the impressed crowd took up a collection to give him a cash reward when he landed.
The Montgolfier brothers.That is lighter than air flight, he also came a few years after some guy in France.
Why, trash American inventions, Indian artifacts and millions year old dinosaur bones, Aero Space which is second to none? Maybe you might look for Dillingers wiener?Or all of the Smithsonian.
At least ONE Forrestal carrier, I'd shamelessly vote for the Sara.The thing that should have been placed in Museum status was the USS Enterprise.
But they scrapped her.
True but it was the first in the US.That is lighter than air flight, he also came a few years after some guy in France.