Sunday, November 29
#48 - a large building
In recent years, the nearest large city has been trying to decide what to do with a domed stadium within city limits that has remained unoccupied for some time.
After running many projections and estimates, the city is wary of selling or auctioning the site, fearing that the offers would end up being only a fraction of what it cost to construct the arena. Instead, they have set up a contest to find a new owner. Applications were submitted in advance of a random drawing, and whoever's application is chosen will inherit the site, with the stipulation that 10% of any profits (before taxes) made from the use of the land will go to the city. The winner will also be responsible for any annual property taxes.
Back when applications were being accepted, you submitted one almost as a lark. You did not include a full-fledged business model with your application, but somehow, it advanced to the final drawing stage and you were notified of this a couple of months ago. Since then, the entire ordeal had been filed away in the back of your mind. However, the day after the drawing, you are notified that you have won the stadium and land!
The arena is currently on a large lot (that served as a parking lot for fans). It is very accessible, both by highway and light rail. Also, if used as a stadium for a concert or sporting event, it can seat around 70,000.
What do you do with your new dome?
Posted by Matt at 5:31 PM