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re: A couple of questions about the new Kyle Field...
Posted on 12/18/12 at 1:49 pm to bbap
Posted on 12/18/12 at 1:49 pm to bbap
quote:
they nailed it with this decision btw. very smart. i really dont see the need for that much more general admission seating in TS either.
No one is expanding with a primary focus on adding bleacher seats for the likes of us anymore. Not one team. All expansions going on in the CFB world are aimed at what the pros found out: you can make an order of magnitude more money for the same use of space if you build suites instead of bleachers.
A&M, throughout its doldrum days of the 2000's, has had a waiting list for suites a mile long. As soon as The Zone was completed it was clear it was not nearly enough. We could build a vertical wall of suites in the S EZ and sell them all. It's not just rich individuals, it's Oil & Gas companies in Houston. We have the distinct advantage of being simultaneously an hour from the world's energy capitol and the source of a great deal of its engineers and management. Suites aren't just the cash cow for revenue though, they're also the leverage for the financing. Any additional bleacher seats us regular folk get in the bargain are made possible by the fact that you can PRE-SELL leases on all those suites and back the bond with that money.
Posted on 12/18/12 at 1:59 pm to Cooter Davenport
quote:
...a great deal of its engineers and management...
...are LSU alumni. Houston is where LSU's largest alumni base resides. Including the founder of this site.
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