For this week’s assignment, please choose two pro sports facilities that have been constructed within the past 10 years and, using a bullet point as a header for each item below,respond to the following questions in two parts; one part for each facility:
Your submission should be approximately 300-400 words and uploaded as a Word document to include an APA formatted title page and reference page. References should also be cited in-text where they are used. In addition, use subtitles and bullet points.
Please do not include the above questions in the assignment. Just shorten each question into a subtitle, e.g., Cost of Facility, Funding, etc.
Cost of Facility
The construction cost of Mercedes-Benz Stadium was approximately $1.6 billion.
Funding
The stadium’s funding primarily came from a combination of public and private sources. The majority of the funds, around $700 million, were contributed by Arthur Blank, the owner of the Atlanta Falcons, the NFL team that plays at the stadium.
Public financing came from a hotel/motel tax and car rental tax, which generated around $200 million.
The remaining funds were raised through various mechanisms, including personal seat licenses and revenue from naming rights.
Team Relocation or Renovation
The Atlanta Falcons did not relocate from another city. Instead, they moved from their previous home, the Georgia Dome, which was demolished to make way for the new stadium.
Public Vote
There was no public vote on the construction of Mercedes-Benz Stadium. The decision to build the facility was made by the city’s officials and the team’s ownership.
Opinion
In my opinion, the construction of Mercedes-Benz Stadium was a good move for the city of Atlanta. It not only provided a modern and state-of-the-art venue for the Falcons to play in but also served as a multipurpose facility that hosted major events, including Super Bowl LIII and college football championship games. The stadium has boosted tourism and contributed to the city’s economy, making it a valuable asset for Atlanta.
Part 2: Allegiant Stadium, Las Vegas, Nevada
Cost of Facility
The construction cost of Allegiant Stadium was approximately $1.9 billion.
Funding
Funding for the stadium was primarily from private sources, with the majority of the investment coming from the Las Vegas Raiders, the NFL team that calls Allegiant Stadium home.
Some public funds were also used for infrastructure improvements around the stadium, including road upgrades and public transportation access.
Team Relocation or Renovation
The Las Vegas Raiders relocated from Oakland, California, to Las Vegas to play in Allegiant Stadium. The move was approved by NFL owners and marked the team’s transition to a new home city.
Public Vote
There was no public vote specifically for the construction of Allegiant Stadium. However, the move of the Raiders to Las Vegas and the stadium project were subjects of public debate and discussions.
Opinion
In my opinion, the construction of Allegiant Stadium was a positive development for Las Vegas. It not only brought an NFL team to the city but also provided a state-of-the-art venue for various entertainment events, including concerts and sports competitions. The stadium has the potential to boost tourism and contribute to the local economy, making it a valuable addition to Las Vegas’s entertainment landscape.
Summary
Both Mercedes-Benz Stadium in Atlanta and Allegiant Stadium in Las Vegas were costly endeavors, with construction costs exceeding $1.5 billion each. While Mercedes-Benz Stadium relied on a combination of public and private funding, Allegiant Stadium was predominantly financed by private investments, notably from the Las Vegas Raiders. The two facilities had different team-related scenarios, with the Falcons staying in Atlanta and the Raiders relocating from Oakland to Las Vegas. Neither project required a public vote. In my view, both stadiums have been positive additions to their respective cities, offering modern facilities for sports and entertainment that have the potential to stimulate economic growth and tourism.
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