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17X National Champions: 65, 68, 69, 83, 85, 86, 88, 90, 11, 12, 13, 14, 15, 17, 18, 19, 21
Join the Green and the Gold Collective to take Bison football to the next level. Starts at $10 a month
The Green and The Gold Collective is excited to announce our #DriveToFive membership campaign. The goal of this campaign is to get to 500 monthly members. Reaching this goal will help us provide financial support to NDSU student athletes, including every returning member of the football team that saw action on the field last year!
https://thegreenandthegold.com
It was originally 288 million after the design stage but overruns brought it to 296 million. Then the Vikings did 7 million in upgrades for the 2 years they spent there. Also a nice chunk of the cost was in land acquisition. (20 million land and 30 million for road realignment and District development)
That's for a nice Big Ten stadium. Generally it's considered the 6th or 7th best stadium in a 14 team Big Ten Conference. We could never afford all the fancy pants upgrades like being virtually 100% brick. Our future stadium is more likely to resemble a very large tin shed up north
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17X National Champions: 65, 68, 69, 83, 85, 86, 88, 90, 11, 12, 13, 14, 15, 17, 18, 19, 21
Join the Green and the Gold Collective to take Bison football to the next level. Starts at $10 a month
The Green and The Gold Collective is excited to announce our #DriveToFive membership campaign. The goal of this campaign is to get to 500 monthly members. Reaching this goal will help us provide financial support to NDSU student athletes, including every returning member of the football team that saw action on the field last year!
https://thegreenandthegold.com
I'm counting on a huge advancement in building materials and then we'll just have nanobots build a 30,000 seat stadium out by processing CO2 sucked out of the air (and possibly slow moving pedestrians and squirrels.)
The stadium's solar roof will also generate enough electricity to power all of Fargo.
Fargo and Cass County doesn't realize how hand cuff they are for next 50 years due to the diversion.
The original plan was for $2 billion. Basically a 1/3 from the state, 1/3 from the feds, 1/3 from the sales tax which was slammed through the taxpayers (that is another discussion).
Today, the diversion is $4 billion (being conservative), state and federal money hasn't changed. State may have even dropped.
The sales to fund the project originally included a growth in Fargo/Cass County sales tax of 3% a year to infinity and beyond. Since the city has started collecting sales tax, there has not been a 3% income year to year. this was pre covid. Sales taxes were down due to agriculture and oil (Fargo had more oil activity than one might expect).
Dirty little secret number 1. To get the Private (property owner) public (government) partnership in place to fund the sales tax component. The city father pledge special assessments to every property in the diversion district. So when, no if, but when sales tax collections don't meet the debt payment. We all get a new diversion special assessment.
The other dirty little secret. Bonding. The projections used 1-2% for bonds. At some point over the next 75 years of repayment, interest rates will rise and carry costs is going to increase. Maybe 30 years down the road.
So because of this ticking time bomb I don't see how the city of Fargo, West Fargo or the county of Cass can contribute anything to a project anywhere. Except for water from out west that will insure continue growth to fund the existing ponzi scheme of the diversion.
I can see that you're digging deep on this comparison. Unfortunately, it is completely irrelevant unless you were to take the plans and have them bid in October 2021 with an estimated construction start around Spring 2023. Even then, that would not account for the further escalation that will come between now and the time that it takes to design the structure, approve the structure, and capitalize the project. It'll probably take 5 years to get that all together. I'm an architect that deals with construction cost every single day in one way or another. Every contractor I know, including the big guys, are on their heels and have little confidence in where construction costs are going. Also, supply chains are broken all over the industry and while that should improve, it is hard to predict with any certainty where the supply chains continue to be a problem in the 10-year horizon...which will likely be plenty, all things considered.
My educated guess is that this would be a $300-320M outdoor facility for 30,000 seats and middle of the road amenities. If it absolutely MUST be indoors, it'll add $150M or so. It isn't just putting the roof on, which would certainly be expensive. It's everything else needed to create a comfortable, safe building.
Insert something clever here...
An indoor stadium/event center seems like a lot hoops to jump through and a giant headache to get the city on board for NDSU. Maybe things change 20 years from now, but outdoor 30K stadium on NDSUs dime seems in our best interest. Probably wont be a thing for another 2 decades.
Let's face it, we are stuck with the fabulous Fargodome for a long time to come. And while I think it's a boring building, I'm a hell of a lot more disappointed in the SHAC. I think football is diminishing returns in FCS or FBS. Basketball is where progress could be made, but now we will be locked into the SHAC for the next 30 years. *sigh*
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