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24 acre purchase
Posted:
Mon Aug 24, 2015 9:31 pmby Eaglekeeper
When the purchase is completed BC will finally have solved its parking and tailgating shortage. With 24 acres BC will have plenty of room for RV's and reasonably priced parking with full tailgating privileges. No reason for time constraints on this lot either given the location. Shuttle bus service to the stadium will be easy.
Having said all that, it's hard to believe that what should be a significant purchase price that BC will only use the site for parking and office space. Given the significant funds needed to renovate Alumni Stadium and the need for a modern indoor arena, BC might be better off building a new football stadium on this site. This will create space for a new arena on campus and get the football stadium out of the neighborhood and close to Rt. 9. BC only uses the stadium 8 times per year including graduation and it makes good sense to move it off campus.
With some fundraising over the next 4 years and low interest borrowing the numbers work. The Revolution might be a possible tenant/partner and other events could be booked. In any event, crazy parking prices and tailgating rules should be over in a few years.
Re: 24 acre purchase
Posted:
Mon Aug 24, 2015 9:37 pmby capecod13
So has BC actually said somewhere that they plan on allowing reasonable parking rates and tailgating on this new land or are you just guessing?
I think the chance of BC building a new stadium is zero.
Re: 24 acre purchase
Posted:
Mon Aug 24, 2015 10:00 pmby Eaglekeeper
With 24 acres, supply and demand will create much lower pricing, especially if the site is just used for parking. Interest in BC football is at an all time low, eventually BC will have to give in to market forces.
Regarding building a new stadium, BC will do it if they can raise a significant portion of the funds. A partnership with the Revolution might cut the cost by 50%. The club areas will be used throughout the year and a 2nd location for a BC Club might work as well. There are a lot of revenue producing opportunities with a new stadium. Baylor is a very good example. Alumni Stadium is an outdated model and pouring millions into renovations is not going to be worth it given this new opportunity. Also, the academic buildings, especially science (research) will always need more space on campus. The stadium takes up a lot of space on a small campus.
Re: 24 acre purchase
Posted:
Mon Aug 24, 2015 10:19 pmby MF73-Eleazar
Is Robert Kraft REALLY gonna spend any money on the Revs? If it's for the Pats, sure. But the Revs? Doubtful.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 8:37 amby twballgame9
A revs stadium is a foregone conclusion. He won't be sharing it with BC football, however.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 8:40 amby DomingoOrtiz
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:17 amby DrJackRyan
Eaglekeeper {l Wrote}:With 24 acres, supply and demand will create much lower pricing, especially if the site is just used for parking. Interest in BC football is at an all time low, eventually BC will have to give in to market forces.
Not sure I agree. It has been eight years since I last sat in David Murphy's econ class at Fulton Hall but isn't the price set at the point where the producer maximizes revenue? It seems that if they lower the current price of parking, it won't actually increase the revenue as how many additional folks will sign up?
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:25 amby b0mberMan
Where in Chestnut Hill is this land?
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:30 amby twballgame9
b0mberMan {l Wrote}:Where in Chestnut Hill is this land?
Hammond Pond Parkway, right behind Chestnut Hill Mall.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:31 amby PhillyandBCEagles
74Dome or Bust
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:33 amby b0mberMan
twballgame9 {l Wrote}:b0mberMan {l Wrote}:Where in Chestnut Hill is this land?
Hammond Pond Parkway, right behind Chestnut Hill Mall.
Cool. And was there any release about this? Or is Eagle just huffing paint fumes and writing what he sees?
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:34 amby twballgame9
b0mberMan {l Wrote}:twballgame9 {l Wrote}:b0mberMan {l Wrote}:Where in Chestnut Hill is this land?
Hammond Pond Parkway, right behind Chestnut Hill Mall.
Cool. And was there any release about this? Or is Eagle just huffing paint fumes and writing what he sees?
P&S was signed a few weeks ago
https://www.bostonglobe.com/business/2015/08/04/purchase-acre-synagogue-site-newton/d0yeeaOewxhA2cW8zDUU3H/story.html
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:38 amby b0mberMan
So I see 'parking and administrative offices' in the article, which means the pure paint fumes on the co-building a stadium with the Revolution. I guess I'm not shocked.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:40 amby twballgame9
b0mberMan {l Wrote}:So I see 'parking and administrative offices' in the article, which means the pure paint fumes on the co-building a stadium with the Revolution. I guess I'm not shocked.
Especially since the Revs stadium plan that got filed is for the spot where the morons thought they were going to put the Olympics.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:45 amby b0mberMan
twballgame9 {l Wrote}:b0mberMan {l Wrote}:So I see 'parking and administrative offices' in the article, which means the pure paint fumes on the co-building a stadium with the Revolution. I guess I'm not shocked.
Especially since the Revs stadium plan that got filed is for the spot where the morons thought they were going to put the Olympics.
Right.
But of course, I'm sure Keeper has some really good reasons why Kraft would want to sink money into a stadium specifically for soccer that is buried in suburbia away from reliable transportation and the south american immigrant population that they want to attract. Probably the biggest reason is because he wants to help BC build a new stadium.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:46 amby TobaccoRoadEagle
b0mberMan {l Wrote}:twballgame9 {l Wrote}:b0mberMan {l Wrote}:So I see 'parking and administrative offices' in the article, which means the pure paint fumes on the co-building a stadium with the Revolution. I guess I'm not shocked.
Especially since the Revs stadium plan that got filed is for the spot where the morons thought they were going to put the Olympics.
Right.
But of course, I'm sure Keeper has some really good reasons why Kraft would want to sink money into a stadium specifically for soccer that is buried in suburbia away from reliable transportation and the south american immigrant population that they want to attract. Probably the biggest reason is because he wants to help BC build a new stadium.
and soccer stadiums
need filled-in corners
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:48 amby b0mberMan
Ok. So Keeper's idea is bad. But to be fair, I actually read it again and I see he did pose it as speculation as to what they should do, not a statement as to what we are going to do.
But still, seems as pointless as posting your ideal conferences.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:51 amby TobaccoRoadEagle
b0mberMan {l Wrote}:Ok. So Keeper's idea is bad. But to be fair, I actually read it again and I see he did pose it as speculation as to what they should do, not a statement as to what we are going to do.
But still, seems as pointless as posting your ideal conferences.
i'm surprised he's not already talking about the concessions at the new stadium
http://www.patriots.com/news/2014/10/23/12-foods-try-your-next-patriots-game
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:53 amby b0mberMan
TobaccoRoadEagle {l Wrote}:b0mberMan {l Wrote}:Ok. So Keeper's idea is bad. But to be fair, I actually read it again and I see he did pose it as speculation as to what they should do, not a statement as to what we are going to do.
But still, seems as pointless as posting your ideal conferences.
i'm surprised he's not already talking about the concessions at the new stadium
http://www.patriots.com/news/2014/10/23/12-foods-try-your-next-patriots-game
This was very eye-opening.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:56 amby TobaccoRoadEagle
b0mberMan {l Wrote}:TobaccoRoadEagle {l Wrote}:b0mberMan {l Wrote}:Ok. So Keeper's idea is bad. But to be fair, I actually read it again and I see he did pose it as speculation as to what they should do, not a statement as to what we are going to do.
But still, seems as pointless as posting your ideal conferences.
i'm surprised he's not already talking about the concessions at the new stadium
http://www.patriots.com/news/2014/10/23/12-foods-try-your-next-patriots-game
This was very eye-opening.
and perfectly timed... as lunch approaches people will start to consider where they can most likely get some stadium food inside them
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 9:59 amby DomingoOrtiz
b0mberMan {l Wrote}:TobaccoRoadEagle {l Wrote}:b0mberMan {l Wrote}:Ok. So Keeper's idea is bad. But to be fair, I actually read it again and I see he did pose it as speculation as to what they should do, not a statement as to what we are going to do.
But still, seems as pointless as posting your ideal conferences.
i'm surprised he's not already talking about the concessions at the new stadium
http://www.patriots.com/news/2014/10/23/12-foods-try-your-next-patriots-game
This was very eye-opening.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 10:36 amby dtwalrus
From an article I found in the Herald (I think?) it was mentioned that when the land was first given to the Jewish community in the 1950's part of the agreement includes the stipulation that it would be used only for "religious and educational" purposes for 100 years. I wonder if that stipulation will apply to BC as well. If so, I would assume that that would eliminate the possibility of building a stadium on the land for the next 30 years or so.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 10:46 amby DavidGordonsFoot
dtwalrus {l Wrote}:From an article I found in the Herald (I think?) it was mentioned that when the land was first given to the Jewish community in the 1950's part of the agreement includes the stipulation that it would be used only for "religious and educational" purposes for 100 years. I wonder if that stipulation will apply to BC as well. If so, I would assume that that would eliminate the possibility of building a stadium on the land for the next 30 years or so.
This is a non-issue. Given that BC is the entity buying the land, even a Fordham Law grad could argue their way around that stipulation.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 10:48 amby twballgame9
Is 24 acres even in the ballpark of enough land?
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 11:19 amby eepstein0
twballgame9 {l Wrote}:Is 24 acres even in the ballpark of enough land?
I was thinking the same thing that's not as much room as you think.
To be honest I don't hate Keeper's idea, but good luck getting students to get on a bus and attend football games.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 11:43 amby twballgame9
eepstein0 {l Wrote}:twballgame9 {l Wrote}:Is 24 acres even in the ballpark of enough land?
I was thinking the same thing that's not as much room as you think.
To be honest I don't hate Keeper's idea, but good luck getting students to get on a bus and attend football games.
It's walking distance. No more than a mile and a quarter.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 11:46 amby DomingoOrtiz
twballgame9 {l Wrote}:eepstein0 {l Wrote}:twballgame9 {l Wrote}:Is 24 acres even in the ballpark of enough land?
I was thinking the same thing that's not as much room as you think.
To be honest I don't hate Keeper's idea, but good luck getting students to get on a bus and attend football games.
It's walking distance. No more than a mile and a quarter.
A short broom ride away.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 12:16 pmby NaturalLight
There's been rumblings of an engineering school over the past 5-10 years. I'm sure they won't put the school (if they decide to pull the trigger) off campus at this site, but maybe with some administrative offices moving over there they can repurpose another building on campus. Not sure I see a stadium being put on this site.
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 12:19 pmby TobaccoRoadEagle
NaturalLight {l Wrote}:There's been rumblings of an engineering school over the past 5-10 years. I'm sure they won't put the school (if they decide to pull the trigger) off campus at this site, but maybe with some administrative offices moving over there they can repurpose another building on campus. Not sure I see a stadium being put on this site.
they will never build an engineering school. there is already a boston university so what would we call the school?!?!?
Re: 24 acre purchase
Posted:
Tue Aug 25, 2015 12:20 pmby commavegarage
what about a new stadium above ground with the engineering school below ground?
