It’s time to get a modern NFL setup.
Ownership of the National Football League’s Tennessee Titans franchise has gone from renovating a 23-year-old stadium to why renovate when we could build a brand new football facility with all sorts of revenue-generating opportunities . It appears the 23-year-old stadium is just a basic facility and, according to Titans president Burke Nihill, “it’s one of the lowest 20% buildings in the NFL built before 9/11. “. Safety enhancements adopted by the NFL have not been added. Initially, Nashville’s political leaders seemed to back the idea of spending $600 million to repair the aging stadium, but that plan seemed to turn on a dime, and suddenly a new stadium plan appeared. The $600 million figure was too low and the actual cost of completing the work was closer to $1.2 billion. With a figure that high, why not spend hundreds of millions more on a shiny new facility that might come with a roof.
The stadium will apparently be a self-contained structure with no village filled with retail and housing surrounding it. There appears to be a mixed-use development plan on land close to the current stadium. This would include waterfront parks, green spaces, housing, offices, retail stores and restaurants. Interestingly, the Titans’ planned stadium would seat fewer people, meaning a tighter supply and an excuse to increase tickets if there’s demand, although Nihill didn’t specify it that way. . “Modern NFL buildings don’t just try to put as many seats as possible in the corners of the building. What (the league wants) are high character spaces. They like the idea of higher character and fewer seats. For the Super Bowls, they had a standard of 75,000 seats. They no longer have that standard. Who is paying for the building remains unanswered.
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