Now the reason not to build is more obvious and less debatable. No one in their right mind would prop up a zillion dollar development on anticipated revenues from shops around a baseball stadium. That concept isn't working in DeeCee and other cities that have hitched their wagons to that star.
Now, the stark reality is that with the economy sinking into whatever you want to call the no confidence/no credit time in which we find ourselves, just maintaining The City's deteriorating infrastructure is probably going to be difficult in the immediate future. Schools and streets and what's under the streets is likely to sop up most of what cash comes in next year.
So, the baseball issue in Richmond is moving to the back burner for a while. My guess is that cities all over the country are going to have to do the same thing.
The taxpayers aren't going to like seeing their dough going into such projects. With Citi Bank getting billions from the federal government, it isn't going over so well with some folks that substantial chunks of that money is apparently going toward the bank's sponsorship of the Rose Bowl Game on Jan. 1 and to pay for putting the bank's logo on the New York Mets new baseball stadium.
We'll see how that plays out. But I think Citi is going to suffer a hard hit, public relations-wise. As for the jokers in the government who are handing bailout cash to institutions like Citi Bank, well, perhaps we should save the hardest hits for them.
Meanwhile, in the suburbs of Atlanta there's trouble over baseball. It seems Gwinnett County is struggling with shortfalls, stemming in part from building its new stadium for the team that used to be called the "R-Braves. Click here to read "Gwinnett's Chickens Coming Home to Roost."
For an overview with many articles about baseball in Richmond, click here to view the links at Richmond Good Life's special section on the topic.
Update: There's an informative post and an ongoing discussion on the baseball stadium issue at Church Hill People's News. Click here to see it.