Seattle Center and District Holdings
I missed this interesting article from The Stranger in July. It's a discussion about what should be done with the Seattle Center. I particularly liked the comparisons of how much land there is versus other parks worldwide. Of particular note is how much the land at Memorial Stadium is worth (somewhere between $50-60M) . I'm not of a mind to sell it - it was created as a memorial and just because time passes it doesn't make it less so - but is it being used to its best i.e. lots of use and/or lots of profit for such a prime spot owned by the district? Because of the shortage of high school fields with stands, I believe it gets used a lot for high school football games in the fall and an occasional concert for Bumbershoot, etc. Any thought?
Comments
One important point not reported is that if SPS stops using Memorial Stadium for sporting events, it automatically goes to the city, for free. I am not okay with a $55 millon plus SPS land donation, particularly if it means loosing the substantial money SPS gets from the Memorial Stadium parking lot (six figures a year).