4 ms·
Except for the fact that those "high culuture" institutions tend to stick around a lot longer instead of bolting town as soon as the owners spot a more profitab
by skewart 11y ago
Except for the fact that those "high culuture" institutions tend to stick around a lot longer instead of bolting town as soon as the owners spot a more profitable deal. Also, I doubt there are as many concert halls where the public has sunk anything near the kind of money that frequently gets sunk into NFL stadiums. The Disney Concert Hall in LA, which I think was one of the most expensive ones recently built, bad a total budget of less than $300 million. (The county paid $110 to cover parking construction, getting revenues in return, the rest was covered by private donors, primarily the Disney family and Eli Broad.)
- CaptainZapp 11y agoAlso, I doubt there are as many concert halls where the public has sunk anything near the kind of money that frequently gets sunk into NFL stadiums The Elbe Philharmonie in Hamburg comes to mind. Budgeted originally at EUR 241M. They're now at 789 Million and counting. https://en.wikipedia.org/wiki/Elbe_Philharmonic_Hall https://en.wikipedia.org/wiki/Elbe_Philharmonic_Hall
- roel_v 11y ago"The county paid $110 to cover parking construction" That doesn't seem too bad for an entire parking lot (ducks)