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Building a Arena

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From: KenKen

This Post:
00
168308.6 in reply to 168308.5
Date: 1/6/2011 3:08:16 PM
Overall Posts Rated:
22
So Manon do i spend the $500,000 like ram said or just build half of each can you give me an estimate would really appricate it

From: KenKen

This Post:
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168308.8 in reply to 168308.7
Date: 1/6/2011 3:22:19 PM
Overall Posts Rated:
22
wow that really helped thanks Manon ^__^

From: RamQ
This Post:
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168308.9 in reply to 168308.7
Date: 1/6/2011 3:42:10 PM
Overall Posts Rated:
451451
Just for clarification, I told him he could do either or. Building it all at once would actually save time. Because building it all at once would take 20 days.

Building each area separately would take this long:
Bleachers - 16 days
Lower tier - 9 days
Courtside - 7 days
Luxury Boxes- 6 days

Splitting it it 4ths would be 9 days. 9 x 4 = 36 days

I do understand what you are trying to say though, and there are situations to do both.

From: yodabig

To: RamQ
This Post:
00
168308.11 in reply to 168308.4
Date: 1/6/2011 5:28:08 PM
Overall Posts Rated:
14651465
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.