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Liberty Bowl Stadium
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UofMemphis Away
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Post: #801
RE: Liberty Bowl Stadium
I like the idea a lot actually...call it the Tiger Trolley
05-13-2022 07:41 PM
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Memphis Yankee Offline
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Post: #802
RE: Liberty Bowl Stadium
(05-12-2022 03:34 PM)Claw Wrote:  
(05-12-2022 03:30 PM)CRM114 Wrote:  
(05-12-2022 02:19 PM)Atlanta Wrote:  
(05-12-2022 01:58 PM)CRM114 Wrote:  Nice design. The seating bowl will still feel like the original LB with its good sight lines, but completely rebuilt suites, media facilities and concourses and an updated, modernized profile.

The university cannot afford to build its own stadium. Period. I don't know why it's so hard for some people to understand this. It doesn't take a finance degree to understand that when you struggle to raise money for things like a weight rooms or indoor practice facility, you can't just go build a $250-300M+ stadium on your own. It takes more than a bunch of message board people to finance a stadium. The university probably couldn't raise enough money from this message board and all the other people posting on social media to repave a parking lot, much less build a new football stadium. If the big boosters wanted a new OCS and were willing to pony up, the university would have gone that direction.

Will this ring the bell for the B12? It's hard to believe that all this time and money went into a design without knowing that it meets their demands. I expect there was either direct input from the B12 itself or indirectly from consultants. But I will say that the university will have to do more than roll out pretty renderings. At minimum, the financing will have to be lined up and construction read to start, if this is truly a prerequisite for the B12.

You seem to overlook the fact that the city has no need of a stadium and also has no means to pay for these renovations either. The city simply has a means to float bonds that the university lacks to dictate the decisions being made. So the city will float the bonds to borrow funding, the university will raise the upfront down payment & pay the interest obligations through monthly/annual rental fees while the city gets rental, concessions, parking revenues along with control - and mgmt fees. Same old story, & the city will tire of its mtc obligations soon enough & our university will be left holding the bag without the benefits over time of having its own OC facility.

The university's outlay for this project will still be considerably less than for a new stadium. "Lion's share" of a $150-200M project is still less than 100% of a new one of comparable quality. Also this statement is not true. The city has interest in keeping a facility suitable for the AutoZone Liberty Bowl and the SHC, which the university would not have built on its own. Plus the city has an interest in preserving major (hopefully P5) college football as a civic amenity.

It's up to the university's legal team to ensure their are contract stipulations preventing the city from just walking away from whatever their obligations are.

Exactly what are we buying here?

Is it a lease?

Are we purchasing part or all of the stadium?

Is it a $100 million dollar services contract?

It is real nebulous, but nothing in the governing documents of the university should allow it to just give $100 million dollars to the city.

You or me ain't WE. WE ain't payin' ****. With construction costs skyrocketing, an on campus stadium to be like Colorado States new stadium, would cost 400k. Not a viable option. It cost them 238K just five years ago.

Now let's talk about the acquisition of land UM doesn't have. That could cost 300k. That's 700k to build a stadium that cost 238k five years ago.

I would take another look at that stadium to see just how beautiful those renderings look and realize that will be good enough to get us into a P5 situation.

Any of us bad mouthing the announcement will do nothing to enhance our chances of reaching that objective.

We all would have liked to have an on campus stadium. Circumstances as they are today, don't allow that to be a reasonable possibility.

If either option proves to the Big 12 WE are committed and WE are united, who cares which option WE ended up going with?

We messed up when WE did nothing back in 2016. So this is our best option today. WE are running out of time.

EDIT: Sorry y'all. I meant million not thousand. Replace the K with M. lol...long day.
(This post was last modified: 05-13-2022 10:09 PM by Memphis Yankee.)
05-13-2022 08:03 PM
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Stammers Offline
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Post: #803
RE: Liberty Bowl Stadium
(05-12-2022 06:14 PM)tigerfan39 Wrote:  Great Q&A with the Mayor, AD and Dr. Hardgrave.
Also - Laird said to build on campus would have cost $400M and that's without and land acquisition.

https://gotigersgo.com/

Laird is slightly not as useless as RC. Louisville built their stadium for $224 million in today's dollars. Baylor's stadium, which is incredible, cost $266 million in today's dollars.
(This post was last modified: 05-13-2022 08:10 PM by Stammers.)
05-13-2022 08:09 PM
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Post: #804
RE: Liberty Bowl Stadium


05-13-2022 08:11 PM
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UofMemphis Away
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Post: #805
RE: Liberty Bowl Stadium
(05-13-2022 08:09 PM)Stammers Wrote:  
(05-12-2022 06:14 PM)tigerfan39 Wrote:  Great Q&A with the Mayor, AD and Dr. Hardgrave.
Also - Laird said to build on campus would have cost $400M and that's without and land acquisition.

https://gotigersgo.com/

Laird is slightly not as useless as RC.

from his bio...

"Veatch served as executive associate athletics director for internal affairs at the University of Florida from July 2017 until his move to Memphis. At Florida, he led the administrative oversight of capital improvement projects, event operations, facilities and strength & conditioning. He also served as the sports administrator for football and was the primary liaison with Gator Boosters, the fundraising arm for Florida Athletics."

sounds exactly like what we need right now to get this kind of project done. JMHO.
05-13-2022 08:20 PM
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tigertaylor Offline
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Post: #806
RE: Liberty Bowl Stadium
(05-13-2022 08:03 PM)Memphis Yankee Wrote:  
(05-12-2022 03:34 PM)Claw Wrote:  
(05-12-2022 03:30 PM)CRM114 Wrote:  
(05-12-2022 02:19 PM)Atlanta Wrote:  
(05-12-2022 01:58 PM)CRM114 Wrote:  Nice design. The seating bowl will still feel like the original LB with its good sight lines, but completely rebuilt suites, media facilities and concourses and an updated, modernized profile.

The university cannot afford to build its own stadium. Period. I don't know why it's so hard for some people to understand this. It doesn't take a finance degree to understand that when you struggle to raise money for things like a weight rooms or indoor practice facility, you can't just go build a $250-300M+ stadium on your own. It takes more than a bunch of message board people to finance a stadium. The university probably couldn't raise enough money from this message board and all the other people posting on social media to repave a parking lot, much less build a new football stadium. If the big boosters wanted a new OCS and were willing to pony up, the university would have gone that direction.

Will this ring the bell for the B12? It's hard to believe that all this time and money went into a design without knowing that it meets their demands. I expect there was either direct input from the B12 itself or indirectly from consultants. But I will say that the university will have to do more than roll out pretty renderings. At minimum, the financing will have to be lined up and construction read to start, if this is truly a prerequisite for the B12.

You seem to overlook the fact that the city has no need of a stadium and also has no means to pay for these renovations either. The city simply has a means to float bonds that the university lacks to dictate the decisions being made. So the city will float the bonds to borrow funding, the university will raise the upfront down payment & pay the interest obligations through monthly/annual rental fees while the city gets rental, concessions, parking revenues along with control - and mgmt fees. Same old story, & the city will tire of its mtc obligations soon enough & our university will be left holding the bag without the benefits over time of having its own OC facility.

The university's outlay for this project will still be considerably less than for a new stadium. "Lion's share" of a $150-200M project is still less than 100% of a new one of comparable quality. Also this statement is not true. The city has interest in keeping a facility suitable for the AutoZone Liberty Bowl and the SHC, which the university would not have built on its own. Plus the city has an interest in preserving major (hopefully P5) college football as a civic amenity.

It's up to the university's legal team to ensure their are contract stipulations preventing the city from just walking away from whatever their obligations are.

Exactly what are we buying here?

Is it a lease?

Are we purchasing part or all of the stadium?

Is it a $100 million dollar services contract?

It is real nebulous, but nothing in the governing documents of the university should allow it to just give $100 million dollars to the city.

You or me ain't WE. WE ain't payin' ****. With construction costs skyrocketing, an on campus stadium to be like Colorado States new stadium, would cost 400k. Not a viable option. It cost them 238K just five years ago.

Now let's talk about the acquisition of land UM doesn't have. That could cost 300k. That's 700k to build a stadium that cost 238k five years ago.

I would take another look at that stadium to see just how beautiful those renderings look and realize that will be good enough to get us into a P5 situation.

Any of us bad mouthing the announcement will do nothing to enhance our chances of reaching that objective.

We all would have liked to have an on campus stadium. Circumstances as they are today, don't allow that to be a reasonable possibility.

If either option proves to the Big 12 WE are committed and WE are united, who cares which option WE ended up going with?

We messed up when WE did nothing back in 2016. So this is our best option today. WE are running out of time.

a new stadium costs 400k ?
05-13-2022 08:23 PM
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former guest Offline
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Post: #807
RE: Liberty Bowl Stadium
Replace his “K’s” with “M’s” for a truer perspective….
05-13-2022 08:41 PM
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Hernando Hills Tiger Offline
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Post: #808
RE: Liberty Bowl Stadium
(05-13-2022 08:20 PM)UofMemphis Wrote:  
(05-13-2022 08:09 PM)Stammers Wrote:  
(05-12-2022 06:14 PM)tigerfan39 Wrote:  Great Q&A with the Mayor, AD and Dr. Hardgrave.
Also - Laird said to build on campus would have cost $400M and that's without and land acquisition.

https://gotigersgo.com/

Laird is slightly not as useless as RC.

from his bio...

"Veatch served as executive associate athletics director for internal affairs at the University of Florida from July 2017 until his move to Memphis. At Florida, he led the administrative oversight of capital improvement projects, event operations, facilities and strength & conditioning. He also served as the sports administrator for football and was the primary liaison with Gator Boosters, the fundraising arm for Florida Athletics."

sounds exactly like what we need right now to get this kind of project done. JMHO.

What we need is sec type of money coming in like at Florida.
05-13-2022 08:49 PM
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MemTigers1998 Offline
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Post: #809
RE: Liberty Bowl Stadium
(05-13-2022 07:11 PM)UofMemphis Wrote:  
(05-13-2022 05:32 PM)MemTigers1998 Wrote:  
(05-13-2022 05:10 PM)Hernando Hills Tiger Wrote:  
(05-13-2022 04:27 PM)geosnooker2000 Wrote:  
(05-13-2022 04:14 PM)UofMemphis Wrote:  if their legs are able to get them to campus… then their legs can get them to the liberty bowl.

We NEED a rail-car. And a separate track right next to the real track. It could be one of the most unique traditions in College Football. "Students, get to Normal station within the next 10 minutes, or you miss kick-off!"

Monorail through the neighborhood. Would also provide shelter for the homeless.

And some nice hunting grounds for the criminals in Memphis to continue robbing, stealing and whatever else they do

Central Ave from Highland to past Chickasaw Gardens is VERY nice...I wouldn't be worried about crime.

easiest place for a monorail tho would be Southern and I could see crime being a minor concern there.

Yeah, crime on the edge of Orange Mound would be a minor concern 03-lmfao
05-13-2022 08:50 PM
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Memphis Yankee Offline
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Post: #810
RE: Liberty Bowl Stadium
(05-13-2022 08:23 PM)tigertaylor Wrote:  
(05-13-2022 08:03 PM)Memphis Yankee Wrote:  
(05-12-2022 03:34 PM)Claw Wrote:  
(05-12-2022 03:30 PM)CRM114 Wrote:  
(05-12-2022 02:19 PM)Atlanta Wrote:  You seem to overlook the fact that the city has no need of a stadium and also has no means to pay for these renovations either. The city simply has a means to float bonds that the university lacks to dictate the decisions being made. So the city will float the bonds to borrow funding, the university will raise the upfront down payment & pay the interest obligations through monthly/annual rental fees while the city gets rental, concessions, parking revenues along with control - and mgmt fees. Same old story, & the city will tire of its mtc obligations soon enough & our university will be left holding the bag without the benefits over time of having its own OC facility.

The university's outlay for this project will still be considerably less than for a new stadium. "Lion's share" of a $150-200M project is still less than 100% of a new one of comparable quality. Also this statement is not true. The city has interest in keeping a facility suitable for the AutoZone Liberty Bowl and the SHC, which the university would not have built on its own. Plus the city has an interest in preserving major (hopefully P5) college football as a civic amenity.

It's up to the university's legal team to ensure their are contract stipulations preventing the city from just walking away from whatever their obligations are.

Exactly what are we buying here?

Is it a lease?

Are we purchasing part or all of the stadium?

Is it a $100 million dollar services contract?

It is real nebulous, but nothing in the governing documents of the university should allow it to just give $100 million dollars to the city.

You or me ain't WE. WE ain't payin' ****. With construction costs skyrocketing, an on campus stadium to be like Colorado States new stadium, would cost 400k. Not a viable option. It cost them 238K just five years ago.

Now let's talk about the acquisition of land UM doesn't have. That could cost 300k. That's 700k to build a stadium that cost 238k five years ago.

I would take another look at that stadium to see just how beautiful those renderings look and realize that will be good enough to get us into a P5 situation.

Any of us bad mouthing the announcement will do nothing to enhance our chances of reaching that objective.

We all would have liked to have an on campus stadium. Circumstances as they are today, don't allow that to be a reasonable possibility.

If either option proves to the Big 12 WE are committed and WE are united, who cares which option WE ended up going with?

We messed up when WE did nothing back in 2016. So this is our best option today. WE are running out of time.

a new stadium costs 400k ?

Pony 94 on the AAC forum just said today that material costs have gone up 35% in the last six weeks on concrete. He's a buyer.

He said, "don't get me started on steel and labor.

I put in crown molding in my last house that cost me 60.00 for 80 linear ft. back in 2018. My new home cost me almost 200.00 for a little more than 50 linear ft. this past month. During the Pandemic lumber was as high as a 400% increase. I waited two years to finish the project because of it.

I downsized from my last home because I'm by myself now. I bought my downsized home for 264.00 in 2018. It's currently estimated on Zillow for 463,300. I'm trying to get it ready to sell.

I'm in a master planned community in Las Vegas. Homes not in the community two streets away are being built starting in the 700's. They're a little bigger but they're on the same size lots. Virtually no backyard.

This is all because of material and labor costs right now. We picked a bad time to build or renovate.

238 to 400 is a conservative estimate.
(This post was last modified: 05-13-2022 09:47 PM by Memphis Yankee.)
05-13-2022 09:46 PM
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Memphis Yankee Offline
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Post: #811
RE: Liberty Bowl Stadium
(05-13-2022 08:23 PM)tigertaylor Wrote:  
(05-13-2022 08:03 PM)Memphis Yankee Wrote:  
(05-12-2022 03:34 PM)Claw Wrote:  
(05-12-2022 03:30 PM)CRM114 Wrote:  
(05-12-2022 02:19 PM)Atlanta Wrote:  You seem to overlook the fact that the city has no need of a stadium and also has no means to pay for these renovations either. The city simply has a means to float bonds that the university lacks to dictate the decisions being made. So the city will float the bonds to borrow funding, the university will raise the upfront down payment & pay the interest obligations through monthly/annual rental fees while the city gets rental, concessions, parking revenues along with control - and mgmt fees. Same old story, & the city will tire of its mtc obligations soon enough & our university will be left holding the bag without the benefits over time of having its own OC facility.

The university's outlay for this project will still be considerably less than for a new stadium. "Lion's share" of a $150-200M project is still less than 100% of a new one of comparable quality. Also this statement is not true. The city has interest in keeping a facility suitable for the AutoZone Liberty Bowl and the SHC, which the university would not have built on its own. Plus the city has an interest in preserving major (hopefully P5) college football as a civic amenity.

It's up to the university's legal team to ensure their are contract stipulations preventing the city from just walking away from whatever their obligations are.

Exactly what are we buying here?

Is it a lease?

Are we purchasing part or all of the stadium?

Is it a $100 million dollar services contract?

It is real nebulous, but nothing in the governing documents of the university should allow it to just give $100 million dollars to the city.

You or me ain't WE. WE ain't payin' ****. With construction costs skyrocketing, an on campus stadium to be like Colorado States new stadium, would cost 400k. Not a viable option. It cost them 238K just five years ago.

Now let's talk about the acquisition of land UM doesn't have. That could cost 300k. That's 700k to build a stadium that cost 238k five years ago.

I would take another look at that stadium to see just how beautiful those renderings look and realize that will be good enough to get us into a P5 situation.

Any of us bad mouthing the announcement will do nothing to enhance our chances of reaching that objective.

We all would have liked to have an on campus stadium. Circumstances as they are today, don't allow that to be a reasonable possibility.

If either option proves to the Big 12 WE are committed and WE are united, who cares which option WE ended up going with?

We messed up when WE did nothing back in 2016. So this is our best option today. WE are running out of time.

a new stadium costs 400k ?

F-off jerk. You know I meant million.
05-13-2022 10:17 PM
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Post: #812
RE: Liberty Bowl Stadium
(05-12-2022 07:21 PM)Agrizz Wrote:  I'm not buying that $400M estimate. Sounds way high. Unless maybe the recent inflation might make that true, idk. I so wish we could do a shoe-horned OCS. But if not I have no problem with the LB, I love that stadium. A quick look at the PR video I see something...I love the big roof awning, I always like stadiums that do that. Just wish it would follow the contours of the sloping structure. Also, make damn sure they remove all TV camera platforms on the west side. Make TV setup on the east side.
GO TIGERS.

You've obviously have not set foot in a building supply store recently. The stadium they used as a model was over $200 million during the period where construction materials were plentiful and inexpensive.

Personally I am concerned about the $200 million price on upgrades if they don't finalize the deal, sign the contract and lock in cost of materials.
05-14-2022 10:06 AM
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Post: #813
RE: Liberty Bowl Stadium
(05-13-2022 08:20 PM)UofMemphis Wrote:  
(05-13-2022 08:09 PM)Stammers Wrote:  
(05-12-2022 06:14 PM)tigerfan39 Wrote:  Great Q&A with the Mayor, AD and Dr. Hardgrave.
Also - Laird said to build on campus would have cost $400M and that's without and land acquisition.

https://gotigersgo.com/

Laird is slightly not as useless as RC.

from his bio...

"Veatch served as executive associate athletics director for internal affairs at the University of Florida from July 2017 until his move to Memphis. At Florida, he led the administrative oversight of capital improvement projects, event operations, facilities and strength & conditioning. He also served as the sports administrator for football and was the primary liaison with Gator Boosters, the fundraising arm for Florida Athletics."

sounds exactly like what we need right now to get this kind of project done. JMHO.

Calkins interviewed him a couple of days ago and he said the funding would come from a mix of sources. The school, the city, the state, private business, concessions, tickets were mentioned. The fact that the modified Liberty Bowl would be able to accommodate large concerts would be one reason the city may want to pony up.... A venue not just about football that would fit in with the hotels and other facilities out there.
05-14-2022 02:50 PM
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Keeper Offline
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Post: #814
RE: Liberty Bowl Stadium
(05-13-2022 08:09 PM)Stammers Wrote:  
(05-12-2022 06:14 PM)tigerfan39 Wrote:  Great Q&A with the Mayor, AD and Dr. Hardgrave.
Also - Laird said to build on campus would have cost $400M and that's without and land acquisition.

https://gotigersgo.com/

Laird is slightly not as useless as RC. Louisville built their stadium for $224 million in today's dollars. Baylor's stadium, which is incredible, cost $266 million in today's dollars.

Not in today's construction dollars!
05-14-2022 09:18 PM
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memtigbb Offline
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Post: #815
RE: Liberty Bowl Stadium
I bought land about 6 months ago with plans to build a house. The prices have gone up so much I am looking at spending 1/3rd more than I originally planned. Now it is on hold until prices go down, and they will go down. Getting Biden out of office will go a long way for prices dropping.
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danny1 Offline
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Post: #816
RE: Liberty Bowl Stadium
(Yesterday 06:20 AM)memtigbb Wrote:  I bought land about 6 months ago with plans to build a house. The prices have gone up so much I am looking at spending 1/3rd more than I originally planned. Now it is on hold until prices go down, and they will go down. Getting Biden out of office will go a long way for prices dropping.

Got to call BS here. Inflationary conditions are largely due to increased demands for products and services coupled with supply issues related to the pandemic. The war in Ukraine has not helped. The delusional, narcissist before Biden (and I am no Biden fan) has had a hand in setting the stage for much of our current situation.

I too am buying land for a future home. Prices HAVE gone through the roof and they WILL go down, but to blame it all on Biden is nuts.
(This post was last modified: Yesterday 07:47 AM by danny1.)
Yesterday 07:33 AM
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Marc Mensa Offline
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Post: #817
RE: Liberty Bowl Stadium
(Yesterday 06:20 AM)memtigbb Wrote:  I bought land about 6 months ago with plans to build a house. The prices have gone up so much I am looking at spending 1/3rd more than I originally planned. Now it is on hold until prices go down, and they will go down. Getting Biden out of office will go a long way for prices dropping.

How?
Yesterday 08:00 AM
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Stammers Offline
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Post: #818
RE: Liberty Bowl Stadium
(Yesterday 07:33 AM)danny1 Wrote:  
(Yesterday 06:20 AM)memtigbb Wrote:  I bought land about 6 months ago with plans to build a house. The prices have gone up so much I am looking at spending 1/3rd more than I originally planned. Now it is on hold until prices go down, and they will go down. Getting Biden out of office will go a long way for prices dropping.

Got to call BS here. Inflationary conditions are largely due to increased demands for products and services coupled with supply issues related to the pandemic. The war in Ukraine has not helped. The delusional, narcissist before Biden (and I am no Biden fan) has had a hand in setting the stage for much of our current situation.

I too am buying land for a future home. Prices HAVE gone through the roof and they WILL go down, but to blame it all on Biden is nuts.

Based solely on policy on oil and the border, you can blame everything on the party in power. Don't blame Biden. He has no idea what is going on.
Yesterday 08:04 AM
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Marc Mensa Offline
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Post: #819
RE: Liberty Bowl Stadium
(Yesterday 08:04 AM)Stammers Wrote:  
(Yesterday 07:33 AM)danny1 Wrote:  
(Yesterday 06:20 AM)memtigbb Wrote:  I bought land about 6 months ago with plans to build a house. The prices have gone up so much I am looking at spending 1/3rd more than I originally planned. Now it is on hold until prices go down, and they will go down. Getting Biden out of office will go a long way for prices dropping.

Got to call BS here. Inflationary conditions are largely due to increased demands for products and services coupled with supply issues related to the pandemic. The war in Ukraine has not helped. The delusional, narcissist before Biden (and I am no Biden fan) has had a hand in setting the stage for much of our current situation.

I too am buying land for a future home. Prices HAVE gone through the roof and they WILL go down, but to blame it all on Biden is nuts.

Based solely on policy on oil and the border, you can blame everything on the party in power. Don't blame Biden. He has no idea what is going on.

Ramped up demand coupled with decreased supply is a worldwide phenomenon not the result of any a political in a country party.
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danny1 Offline
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Post: #820
RE: Liberty Bowl Stadium
(Yesterday 08:16 AM)Marc Mensa Wrote:  
(Yesterday 08:04 AM)Stammers Wrote:  
(Yesterday 07:33 AM)danny1 Wrote:  
(Yesterday 06:20 AM)memtigbb Wrote:  I bought land about 6 months ago with plans to build a house. The prices have gone up so much I am looking at spending 1/3rd more than I originally planned. Now it is on hold until prices go down, and they will go down. Getting Biden out of office will go a long way for prices dropping.

Got to call BS here. Inflationary conditions are largely due to increased demands for products and services coupled with supply issues related to the pandemic. The war in Ukraine has not helped. The delusional, narcissist before Biden (and I am no Biden fan) has had a hand in setting the stage for much of our current situation.

I too am buying land for a future home. Prices HAVE gone through the roof and they WILL go down, but to blame it all on Biden is nuts.

Based solely on policy on oil and the border, you can blame everything on the party in power. Don't blame Biden. He has no idea what is going on.

Ramped up demand coupled with decreased supply is a worldwide phenomenon not the result of any a political in a country party.

You are correct sir!
Yesterday 08:34 AM
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