Steven Greenhut opines on the lucky break he believes residents of Sacramento received earlier this week when owners of the city's NBA franchise backed out of a partnership to build a new basketball arena in the city's downtown.
The "handshake deal" agreed to in February would have required the team's owners, the Maloof family, to kick in $73 million of their own money, in addition to the $255 million the city was expected to generate by privatizing its parking.
Although civic boosters are outraged by the snub, Greenhut believes there is reason to cheer.
"Economists have long understood that new arenas and sports stadiums rarely bring new economic activity into a city, but merely move entertainment money around the region...Sacramento officials spent their time and squandered taxpayer money on such dreams, while neglecting the nitty-gritty of municipal government -- a negligence that shows throughout city neighborhoods."
FULL STORY: Sacramento Is Fresh Victim of Bad Stadium Deals
Florida Stadium Consultant Built a Questionable Model to Justify Stadium Deals
Mark Bonn PHD who has been used by teams looking to secure public financing for stadiums, assumed that the vast majority of people attending Blue Jays spring training games wouldn't live in the county where the games were played.
Sacramento Streetcar Funding Reaches Key Goal
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Streamlined CEQA Reform Passes Under a New Bill
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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The Five Most-Changed American Cities
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San Diego Adopts First Mobility Master Plan
The plan provides a comprehensive framework for making San Diego’s transportation network more multimodal, accessible, and sustainable.
Housing, Supportive Service Providers Brace for Federal Cuts
Organizations that provide housing assistance are tightening their purse strings and making plans for maintaining operations if federal funding dries up.
Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement
An outdated rail network that privileges freight won’t be fixed by privatizing Amtrak.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions