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

Will they have space for restaurants? I'd love to convince our ownership of moving of to this area and getting off of College Dr.

If investors are going to put up 350 to 400 million dollars to build the arena, how much money do they need to make a year to pay off the loans and to realize a nice profit?

This is the key to it all.

Yes, the land is “free”. But LSU will block out a significant number of days for basketball, etc. I’m guessing they will block out football Saturdays too. Consequently the developers will have to make money the rest of the year while operating and maintaining the building all year.

It’s hard for me to believe a developer can pull this off without public help (tax dollars).

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Nope. The railroad owns the right of way on both sides of their tracks which covers most of the area between the road and the tracks.

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Not saying that it'll ever happen but when there's a large enough desire to make it happen, it'll happen...

There are two other examples in recent years where accommodations were similarly made which involved going under the railroad tracks. The entrance to Hollywood / Queen casino, and the Comite River Diversion Project.

Although, as you pointed out, the railroads play hardball so negotiations where long, difficult, and ultimately very expensive.

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Not arguing with you, but how is the land the course is on shittier than anything else around there, including Alex Box, the Tennis center, etc.?

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Not sure about comparing one area over the other, but I remember when they built the new business school center and taking classes next door at ceba (pft or whatever) You would be impressed at how many piles they put down. Piles sky high and a never ending clang clang clang. They probably weren’t even spacing them out for what I heard and saw go in over many, many months.

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Yes that’s the plan

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I already sent this over . I'm sure it hasn't changed but when my friend was GM of Walk On's there he said you lived and died by lsu sports. Slow with nothing going on, $100k in sales on a football game day

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imminent domain

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In case it hasn't already been mentioned, it's eminent domain

(no message)

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If investors are going to put up 350 to 400 million dollars to build the arena, how much money do they need to make a year to pay off the loans and to realize a nice profit?

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It’s a fair question and I can understand the skepticism. It’s clearly working at the Moody Center. They reportedly grossed $62 million in ticket sales alone from 36 shows within the first ~8 months they were open. Another thing I’ve read is that Oak View and UT are splitting sponsorship revenue, and that they had secured more than $20 million in annual “partner” revenue before the arena had opened.

That being said, Baton Rouge is obviously a different market than Austin. But that can cut both ways - this arena might wind up serving a larger area since there isn’t as much competition in Louisiana.

I've said in other thread that the only viable option for positive growth in BR is through LSU at this point. As the kid say, let them cook