Dome Upgrades

[HerdBot]

How many players in the past ten years or so came to NDSU to play football BECAUSE we were playing in a domed stadium? How many do we lose if we are playing outdoors? Better factor that into the plan.

I think it's a pretty substantial number given the atmosphere of the dome and noise is second to none. Heck the intro itself is a recruiting tool. Smokes most outdoor teams. We would lose that and gain the freezing cold. What are we then SDSU with a larger stadium?

[kab1one]

Another item we are underestimating is cost to build. Multi family housing cost of construction in FM has gone up 30% in last 3 years. Many blame the Hurricane Sandy as moving cheaper product from Midwest to the East coast as the starting point of increased cost. Western ND has driven the cost of labor up. Stronger building economy in Minneapolis has impacted cost of construction in Fargo as unemployed laborers from the cities and east no longer are in fargo, so labor is up 30-50% depending on the vendor.

Road construction costs in Fargo another example, the cost of everything has jumped.

So are we considering todays or yesterday's cost when we say $200 million for a new staduim (30k) or is the reality by the time it is decided to go and built, going to be a $400 million project. Look at the BSA and how much those costs jumped. Sanford new hospital costs have gone up 50 million or 8-10% for a smaller facility.

But as El Chapo notes, repairs and maintenance are new to zero.

[HerdBot]

Another item we are underestimating is cost to build. Multi family housing cost of construction in FM has gone up 30% in last 3 years. Many blame the Hurricane Sandy as moving cheaper product from Midwest to the East coast as the starting point of increased cost. Western ND has driven the cost of labor up. Stronger building economy in Minneapolis has impacted cost of construction in Fargo as unemployed laborers from the cities and east no longer are in fargo, so labor is up 30-50% depending on the vendor.

Road construction costs in Fargo another example, the cost of everything has jumped.

So are we considering todays or yesterday's cost when we say $200 million for a new staduim (30k) or is the reality by the time it is decided to go and built, going to be a $400 million project. Look at the BSA and how much those costs jumped. Sanford new hospital costs have gone up 50 million or 8-10% for a smaller facility.

But as El Chapo notes, repairs and maintenance are new to zero.

True but a new stadium wouldn't likely happen for another 5 years to a decade so the short term externalities may be gone. Maybe not

[56BISON73]

An outdoor stadium will also hamstring any parent during bad weather. Who is going to have their kid out there for 5 hourse of tailgate and then go to an outdoor game? You wont even get them taking them to the game.

[kab1one]

True but a new stadium wouldn't likely happen for another decade so the short term externalities may be gone

You think the cost is going to drop?

Skilled labor is becoming a thing of the past, so I would expect the demand to stay tight.

Another issue, what if interest rates return to historical norms, using your thesis of labor and other costs dropping? Assuming some bonding somewhere, 7% financing versus 4% bonding today changes the equation dramatically.

[NorthernBison]

I'm just saying we don't need to build a stadium the same caliber as Alabama to be competitive. We would likely be competing with teams of the MAC caliber or Mountain West. A larger dome would be competitive against teams like Wyoming or Ball State... much less MVFC teams

What you don't seem to be grasping is that the basic structure and everything that goes with it carries a very high cost. You're building a BUILDING with a football stadium inside it. Winnipeg built just the stadium and it cost $210 Million. Putting bleacher seating in there isn't going to cut the cost all that much and then you have a facility that can never compete with the Fargodome. Oh yeah, that Fargodome will be less than a mile away and they have $40 Million in the bank to upgrade with and the pot of funds is growing every year.

[gotts]

My father in law had commercial warehouses. 1/3 of rent went to future building repair, upgrades, emergencies etc. 1/3 went to current operations, maintenance etc and the last 1/3 went to his pocket and other investments.

I didn't think I needed teh purple

[56BISON73]

I didn't think I needed teh purple

Oh no I got what you meant.

Was just throwing an example out there on revenue and projected expenses.

[coloradobison]

What you don't seem to be grasping is that the basic structure and everything that goes with it carries a very high cost. You're building a BUILDING with a football stadium inside it. Winnipeg built just the stadium and it cost $210 Million. Putting bleacher seating in there isn't going to cut the cost all that much and then you have a facility that can never compete with the Fargodome. Oh yeah, that Fargodome will be less than a mile away and they have $40 Million in the bank to upgrade with and the pot of funds is growing every year.

yeah, but is that Canadian or US Dollars?

[NDSUstudent]

An outdoor stadium will also hamstring any parent during bad weather. Who is going to have their kid out there for 5 hourse of tailgate and then go to an outdoor game? You wont even get them taking them to the game.

Yet oddly the Montana schools pack their stadiums....The Griz are even looking at going to 30k. TCF bank stadium fills up as well, even late in the year.

Our fans appear to have become massive wimps.