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In cities and towns throughout the country, there is significant evidence that community development and renovation is increasingly being centered around multi-use stadiums and arenas. This book examines how local governments and organizations are revitalizing their communities through multi-use stadiums and arenas which provide the best inner-city venues for sports, entertainment, cultural events, and business expositions. The first section reveals how cities negotiate, approve, finance, design, and build stadiums and arenas. The second and longest section of the book includes numerous case studies demonstrating the proper measures and safeguards which any city, town, government, or organization should be aware of to ensure that their planned stadium or arena will be a fiscal and political success. The final section examines the future of sports facilities in America’s cities, discussing the real economic impact of publicly financed sports facilities, the changing nature of stadiums and arenas in light of scientific and technological advancements, and the future of league sports and their aging facilities. Several important resources are included in the appendices, including a glossary of terms and individual guides to the resources available from foundations, Federal Reserve banks, and other regional, national, or international organizations.
