I think this was wonderful advice and I gave the poster +1! However I will say one thing. If you spend slightly less and keep the prices slightly higher you get your money back in revenue faster. For example if you build 1 luxury box for $16000 and charge $1600 per game then it will take 10 hone games to make your money back. If instead you build 2 luxury boxes at a total cost of $32000 and have to charge only $800 a home game to fill them then it will take 20 home games to make your money back. There is something to be said for a small, high priced, 99% sold out arena.