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Message

re: LSU eying LSU golf course as potential location for new PMAC

Posted on 6/7/24 at 4:53 am to
Posted by TaderSalad
mudbug territory
Member since Jul 2014
25102 posts
Posted on 6/7/24 at 4:53 am to
quote:

That course has never broken even.


When Mike had it, it would occasionally break even, but typically barely in the red. He use to avg 150-200 rounds a day out there.
Posted by ecb
Member since Jul 2010
9719 posts
Posted on 6/7/24 at 5:40 am to
This, by far is the best idea.
Posted by fairweatherfans
Member since Sep 2018
2047 posts
Posted on 6/7/24 at 6:17 am to
I attended LSU in the early 70s.I played there many times when I was a student.The green fee for 18 holes was a quarter (25 cents) with your student ID !Many years later we would put together a foursome play a round in the afternoon have dinner,then walk over to Death Valley for a night game. I realize in lue of progress the golf course may have to go.Personally I wish the Box would have Major renervations...our best college baseball fans deserve the Best.
Posted by Geaux Guy
Member since Dec 2018
6005 posts
Posted on 6/7/24 at 7:59 am to
Does that mean I should book a tee time? I’ve never golfed the course.
Posted by LSUbasketballfan
Member since Jan 2021
273 posts
Posted on 6/7/24 at 8:24 am to
quote:

The actual land the golf course is on is incredibly shitty. It needs an extreme amount of work for any sort of development to happen. By the end of this, don't be surprised if it gets dragged out because of costs.



The current PMAC is actually closer to the levee than the LSU golf course is to the levee. So lets not act like the golf course location is any worse than the current PMAC location.

Like every large project that is built close to the river there will be plenty of piles. You’re not the only person who knows this.
Posted by 18handicap
Member since Jul 2014
5845 posts
Posted on 6/7/24 at 8:29 am to
quote:

Back in the day, that course had a dog leg right near the open grazing field that the Vet School used for livestock. There was a big silo at the corner of the dog leg that was in the grazing field. Everyone used to try to cut that dog leg by driving over that silo. Few succeeded. Those who failed would try and crawl through the barbed wire fence to get their ball until they saw the bulls that were grazing there.


I remember that well. Also remembered hitting that silo and barn that was there. Never went into that pasture because of those bulls and I grew up on a farm. Those bulls could make some pretty wild sounds that scared me...
Posted by Slippy
Across the rivah
Member since Aug 2005
7088 posts
Posted on 6/7/24 at 12:27 pm to
You actually require a much flatter, more stable piece of land to build a track. You can't use pilings. If part of the track subsides, you're fricked. Lots of prep work goes into it.

This post was edited on 6/7/24 at 12:30 pm
Posted by Basura Blanco
Member since Dec 2011
10579 posts
Posted on 6/7/24 at 12:36 pm to
quote:

When Mike had it, it would occasionally break even, but typically barely in the red. He use to avg 150-200 rounds a day out there.


And 100-200 coeds a semester.
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10346 posts
Posted on 6/7/24 at 1:51 pm to
quote:

Lets hope its not ASM Global. They responsible for the Raising Cane Center, Smoothie King Center, Brookshire Grocery Arena in Bossier City. Those are some of the arenas under their umbrella.

Oak View Group would be my choice. Just look at the design of the Arenas and Age of most on the list. Looks like ASM has some old tired Arenas they still claiming.


Same but ASM is just the operator of those facilities. Oak View wasn't in the operator space until 2021 when they acquired Spectra. They were initially just a global venue development & investment company.

ASM's more of a venue operator with a development arm that can build these types of multi-use entertainment districts. Here's their portfolio. ASM

With that said, I bet they go with Oak View
Posted by doubleb
Baton Rouge
Member since Aug 2006
40030 posts
Posted on 6/7/24 at 3:36 pm to
The LSU people stated that the developer is funding 100% of the project. That wasn’t the case at UT.

How big of a difference will this make?
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10346 posts
Posted on 6/7/24 at 5:05 pm to
I think that was the case at Texas too. I know the Moody Foundation donated >$100mm for the naming rights but I’m pretty sure Oak View funded the entire construction.

quote:

The new arena is named the Moody Center following the Moody Foundation's grant of $130 million to the university. Oak View Group is funding the construction, and will manage the building in exchange for the right to keep most of the income from non-UT events, such as concerts and shows, for at least the first 35 years after opening.[7] UT, however, owns the land under the arena and will be the owner of the building. Under the terms of the agreement, the university will have exclusive control of the arena for 60 days each year to hold men's and women's basketball games, graduations, and other events.
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
32541 posts
Posted on 6/7/24 at 6:07 pm to
quote:

For months, LSU officials have said it would be premature to discuss a location for a $400 million arena they want to build on campus.


I feel like this is going to be the Temu version of a power conference basketball arena in less than a decade.

Can you build a top of the line arena for $400M these days? That feels low-ball.
Posted by RummelTiger
Texas
Member since Aug 2004
91981 posts
Posted on 6/7/24 at 6:10 pm to
quote:

Can you build a top of the line arena for $400M these days? That feels low-ball.


That's a solid number.

This is a multipurpose college basketball/music venue - not a +70k NFL stadium.

This cost about $325M:

Posted by doubleb
Baton Rouge
Member since Aug 2006
40030 posts
Posted on 6/7/24 at 8:19 pm to
My question is whether or not the $ for the naming rights went towards construction or not.
Posted by FMtTXtiger
Member since Oct 2018
4515 posts
Posted on 6/8/24 at 9:59 am to
There is no reason they can't do a multi level parking unit. It doesn't have to be 10 stories high, but it seems like they could come up with a 4-5 story parking and some type of facility offices on the top floor to save space for future needs and accomplish more than one thing.

Posted by doubleb
Baton Rouge
Member since Aug 2006
40030 posts
Posted on 6/8/24 at 11:29 am to
quote:

here is no reason they can't do a multi level parking unit. It


There is a reason. Money.

Unless their business plan indicates they can make money in the long run, I doubt developers would build it. I think that’s why the plan provided is counting parking spaces. The developers do not want to have to build parking garages.
Posted by 24chevrolet48
Beat Street
Member since Aug 2006
1769 posts
Posted on 6/9/24 at 1:09 am to
quote:

build parking garages


Let's Hope We don't have those Eye Sores
Posted by GeorgeWest
Baton Rouge
Member since Nov 2013
14092 posts
Posted on 6/9/24 at 1:27 am to
No need for parking garages. The only parking problem at that location would occur when we have MBB/WBB AND a baseball game close together on the same day.
Posted by CDawson
Louisiana
Member since Dec 2017
17950 posts
Posted on 6/9/24 at 2:34 am to
Hard to build without money. LSU Athletics is not working in the black.
Posted by TigerGM
Member since Nov 2014
1082 posts
Posted on 6/9/24 at 3:26 am to
quote:

Hard to build without money. LSU Athletics is not working in the black.


That’s already been figured out. They have a private holding company that will own it for 30-40 year and then LSU will lease. This was already addressed months ago since the cost of this would be around 300-500 million. This holding company would maintain it and hold events. This is why the river center wouldn’t be allowed to hold events anymore. They made a non compete for this new facility.
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