:dj:Groundbreaking for LAFC’s stadium is scheduled for Aug. 23. The project includes an international food hall, conference and event center, soccer-focused retail store and what the team calls nightlife components.
Groundbreaking set for Aug 23.
22,000 seats at an average of $50/seat makes more money than 30,000 seats at an average of $30/seat. Keeping demand high is a better money making policy than a larger supply.
Maybe. But are you then arguing for even lower? Why not go to 15k at $80? I need to see the elasticity curve and the other revenues streams (parking, food, gear) before I buy that idea completely.22,000 seats at an average of $50/seat makes more money than 30,000 seats at an average of $30/seat. Keeping demand high is a better money making policy than a larger supply.
Prefer to see it happen first. 22,000 consistently is way better than having games where there are 23k people in a 30k stadium.
Indeed, its a delicate balance that I'm sure the bean counters in the front office have been crunching for the last year. I don't pretend to know the details, but probably no one outside of the LAFC front office does.Maybe. But are you then arguing for even lower? Why not go to 15k at $80? I need to see the elasticity curve and the other revenues streams (parking, food, gear) before I buy that idea completely.
That is a formula losing a billion dollars very quickly.World marketing possibilities, lol.
Heres how soccer works:
You buy the best players. You win trophies. You buy more great players. You win more trophies. Global fanbase.*
*Only applicable to five leagues, MLS not included.
LAFC Stadium to Break Ground on August 23
On August 23, Major League Soccer's Los Angeles Football Club (LAFC) will officially break ground on a $250-million stadium in Exposition Park.
The 22,000-seat venue, designed by the architecture firm Gensler, will anchor a larger development featuring a conference center, office space, a soccer museum and 10,000 square feet of restaurants. The soccer-specific stadium will be highlighted by a series of glass canopies, that provide weather shielding for spectators and frame views of the Downtown skyline.
The new stadium will rise from the current site of the Los Angeles Memorial Sports Arena, a dilapidated but historic structure that has played host to professional hockey, basketball, Olympic boxing, and even the Democratic National Convention. The 57-year-old arena, closed since March 2016, will be demolished.
Completion of the LAFC Stadium is expected in time for the 2018 MLS season. It may coincide with several other developments planned on the eastern side of Exposition park, including a proposed high-rise complex and the MyFigueroa streetscape improvement project.
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The interior is bland but the outside is much more interesting than I realized. Very different from the typical non-descript MLS stadium.
There's a hint of Inglewood and football stadiums generally. If they do good work on the detailing they could have a winner.