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Originally Posted by urbanforest
Ummm…what? that logic is all fine and good until the event you want to attend is sold out because there are several thousand fewer seats available.
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Except that the vast majority of events in those facilities don't sell out. A more full arena makes for a better atmosphere for almost any kind of event, so that will be plus. And for the non-sports events that can sell out, like concerts, I'm not sure the actual seating capacity of the arena is shrinking substantially.
I get the point that there is no new marquee draw on site, but I'm not really sure what that would be. (Aquarium anyone?) I think we are better of modernizing the facilities, ensuring the viability of the current teams and adding capacity for more events. At the end of the day, it's an event space, so better to double down on the events and complementary businesses. Improve the pedestrian realm. The concert hall passed us by, as that gap has clearly been filled elsewhere. And there is no reason to think that the retail won't evolve over time, so maybe we do get a Rec Room moving in at some point in the future.