kreed5120
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RE: EMU against the world
(05-06-2016 09:36 AM)Terrell Owens Wrote: (05-05-2016 04:11 PM)emu steve Wrote: I have visited Infocision, but not for a game. Very, very nice. It is my 'model' for a G5 school stadium.
I don't think, however, that Akron had a choice of a soccer stadium vs. football stadium.
The Rubber Bowl was in bad, bad shape and had to go.
They could've very easily spent 50% of what they did and not made Infocision "as nice" and put additional money towards new basketball arena and soccer stadium.
Everyone knows Football is king dog, but Akron soccer and Akron basketball have very high potential on their own. I think investments into playing facilities for both would've paid off quicker than football.
That's just a misinformed opinion of not realizing the costs that go into a new stadium. Below is a link that lists every FBS stadium built between the years of 2004-2014. Infocision was the 2nd cheapest at $61M behind only Central Florida whose was $51M.
The only way they could have saved a legitimate sum of money on building it would have been to not build the luxury suites. The thing is the Zips sell out the suites every season at 20k per suite. At 16 suites x 20,000, that's 320k in revenue per year. That is one part of the stadium that is actually paying for itself because it actually sells.
http://www.coloradoan.com/story/sports/c...e/7439649/
Edit: I went out and tracked down recent FCS stadiums to see what the costs of those were. I excluded any under 20k seating. There was only 1 built since 2000 and at $62 million even that stadium cost more than Infocision.
(This post was last modified: 05-06-2016 12:11 PM by kreed5120.)
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05-06-2016 11:27 AM |
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emu steve
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RE: EMU against the world
(05-06-2016 11:27 AM)kreed5120 Wrote: (05-06-2016 09:36 AM)Terrell Owens Wrote: (05-05-2016 04:11 PM)emu steve Wrote: I have visited Infocision, but not for a game. Very, very nice. It is my 'model' for a G5 school stadium.
I don't think, however, that Akron had a choice of a soccer stadium vs. football stadium.
The Rubber Bowl was in bad, bad shape and had to go.
They could've very easily spent 50% of what they did and not made Infocision "as nice" and put additional money towards new basketball arena and soccer stadium.
Everyone knows Football is king dog, but Akron soccer and Akron basketball have very high potential on their own. I think investments into playing facilities for both would've paid off quicker than football.
That's just a misinformed opinion of not realizing the costs that go into a new stadium. Below is a link that lists every FBS stadium built between the years of 2004-2014. Infocision was the 2nd cheapest at $61M behind only Central Florida whose was $51M.
The only way they could have saved a legitimate sum of money on building it would have been to not build the luxury suites. The thing is the Zips sell out the suites every season at 20k per suite. At 16 suites x 20,000, that's 320k in revenue per year. That is one part of the stadium that is actually paying for itself because it actually sells.
http://www.coloradoan.com/story/sports/c...e/7439649/
Edit: I went out and tracked down recent FCS stadiums to see what the costs of those were. I excluded any under 20k seating. There was only 1 built since 2000 and at $62 million even that stadium cost more than Infocision.
Suites sell well. Even if it the game isn't great or the team isn't, the suite experience is sweet.
If a university is going to find any big donors, that's where they'll be or should be.
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05-06-2016 01:27 PM |
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Terrell Owens
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RE: EMU against the world
(05-06-2016 11:27 AM)kreed5120 Wrote: (05-06-2016 09:36 AM)Terrell Owens Wrote: (05-05-2016 04:11 PM)emu steve Wrote: I have visited Infocision, but not for a game. Very, very nice. It is my 'model' for a G5 school stadium.
I don't think, however, that Akron had a choice of a soccer stadium vs. football stadium.
The Rubber Bowl was in bad, bad shape and had to go.
They could've very easily spent 50% of what they did and not made Infocision "as nice" and put additional money towards new basketball arena and soccer stadium.
Everyone knows Football is king dog, but Akron soccer and Akron basketball have very high potential on their own. I think investments into playing facilities for both would've paid off quicker than football.
That's just a misinformed opinion of not realizing the costs that go into a new stadium. Below is a link that lists every FBS stadium built between the years of 2004-2014. Infocision was the 2nd cheapest at $61M behind only Central Florida whose was $51M.
The only way they could have saved a legitimate sum of money on building it would have been to not build the luxury suites. The thing is the Zips sell out the suites every season at 20k per suite. At 16 suites x 20,000, that's 320k in revenue per year. That is one part of the stadium that is actually paying for itself because it actually sells.
http://www.coloradoan.com/story/sports/c...e/7439649/
Edit: I went out and tracked down recent FCS stadiums to see what the costs of those were. I excluded any under 20k seating. There was only 1 built since 2000 and at $62 million even that stadium cost more than Infocision.
Great data, but that is only half the data you need. What would a 30.5 million refurb of the Rubber Bowl look like? What have FBS and FCS stadium renovations cost?
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05-10-2016 08:19 AM |
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kreed5120
1st String
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RE: EMU against the world
(05-10-2016 08:19 AM)Terrell Owens Wrote: (05-06-2016 11:27 AM)kreed5120 Wrote: (05-06-2016 09:36 AM)Terrell Owens Wrote: (05-05-2016 04:11 PM)emu steve Wrote: I have visited Infocision, but not for a game. Very, very nice. It is my 'model' for a G5 school stadium.
I don't think, however, that Akron had a choice of a soccer stadium vs. football stadium.
The Rubber Bowl was in bad, bad shape and had to go.
They could've very easily spent 50% of what they did and not made Infocision "as nice" and put additional money towards new basketball arena and soccer stadium.
Everyone knows Football is king dog, but Akron soccer and Akron basketball have very high potential on their own. I think investments into playing facilities for both would've paid off quicker than football.
That's just a misinformed opinion of not realizing the costs that go into a new stadium. Below is a link that lists every FBS stadium built between the years of 2004-2014. Infocision was the 2nd cheapest at $61M behind only Central Florida whose was $51M.
The only way they could have saved a legitimate sum of money on building it would have been to not build the luxury suites. The thing is the Zips sell out the suites every season at 20k per suite. At 16 suites x 20,000, that's 320k in revenue per year. That is one part of the stadium that is actually paying for itself because it actually sells.
http://www.coloradoan.com/story/sports/c...e/7439649/
Edit: I went out and tracked down recent FCS stadiums to see what the costs of those were. I excluded any under 20k seating. There was only 1 built since 2000 and at $62 million even that stadium cost more than Infocision.
Great data, but that is only half the data you need. What would a 30.5 million refurb of the Rubber Bowl look like? What have FBS and FCS stadium renovations cost?
Ask and you shall receive. Akron hired an independent engineering agency to do a study of what it would cost to renovate the stadium as that was an avenue they were considering. The figure that they came back with was $60 million. In other words that stadium was totaled. At that point Akron decided it was more cost effective to build a new stadium on campus instead of renovating what at the time was a 67 year old stadium that was 12 miles off campus.
https://www.ohiohighered.org/sites/ohioh...Pledge.pdf
Here is also a link of a $62.8M high school stadium that seats 18k that was just approved. Just shows that building large stadiums isn't cheap. Akron built an extra ~10k seats and it still cost less. Just shows they kept cost in mind when building.
http://www.fox26houston.com/news/139319451-story
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05-10-2016 09:07 AM |
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HuskieJohn
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RE: EMU against the world
How many of the skyboxes and club seats does Akron sell? I dont care who actually shows up but what is actually sold?
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05-12-2016 11:10 AM |
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kreed5120
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RE: EMU against the world
(05-12-2016 11:10 AM)HuskieJohn Wrote: How many of the skyboxes and club seats does Akron sell? I dont care who actually shows up but what is actually sold?
The suites and loges sell really well as businesses eat them up. The reserved seating and general admission, which makes up the bulk of the seats and are targeted for the everyday working public, not so much.
http://www.gozips.com/tickets/2016-17/Fo...icket_Info
(This post was last modified: 05-12-2016 01:11 PM by kreed5120.)
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05-12-2016 01:07 PM |
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HuskieJohn
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RE: EMU against the world
(05-12-2016 01:07 PM)kreed5120 Wrote: (05-12-2016 11:10 AM)HuskieJohn Wrote: How many of the skyboxes and club seats does Akron sell? I dont care who actually shows up but what is actually sold?
The suites and loges sell really well as businesses eat them up. The reserved seating and general admission, which makes up the bulk of the seats and are targeted for the everyday working public, not so much.
http://www.gozips.com/tickets/2016-17/Fo...icket_Info
Ya thats what I was expecting. Thanks!
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05-12-2016 03:05 PM |
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