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Message
re: Master plan for former Six Flags NOLA east is out
Posted on 3/28/23 at 3:44 pm to Proximo
Posted on 3/28/23 at 3:44 pm to Proximo
Athletic fields/courts are complete money losers for private business - even in the best circumstances and locations. They are great for municipalities, due to sales tax and visitor/hotel taxes.
So any private industry claiming to invest in amateur sports fields is either dumb, or a grifter.
Water sports parks are also a big loser, outside of huge cities with large populations to support. New Orleans has neither. This will likely never be built, will fail if so.
So any private industry claiming to invest in amateur sports fields is either dumb, or a grifter.
Water sports parks are also a big loser, outside of huge cities with large populations to support. New Orleans has neither. This will likely never be built, will fail if so.
1
Posted on 3/28/23 at 4:18 pm to Bjorn Cyborg
quote:
So any private industry claiming to invest in amateur sports fields is either dumb, or a grifter.
Traction would like a word with you.
There's a ton, a ton, of money to be made investing in youth sports right now. Now, it has to be a nice facility and safe... but there's plenty of baws and bawettes out there who would spend $50/day on a pass that allows them to watch Jaxxxxxxxxxson play games at 830 and 300, and to swim in between games.
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