Panel eyes stadium plan again

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Plans to build a publicly financed multipurpose stadium, condominium and retail complex on the former Georgia Golf Hall of Fame property aren't dead -- they were just sleeping.

Eighteen months since a majority of the Augusta Commission panned the idea and nearly a year since Democratic voters in a low-turnout July primary did the same, the proposal again is being preliminarily floated -- this time by District 1 Commissioner Matt Aitken.

"Just exploring the options is not going to hurt anything," Aitken said. "We've got to figure out some ways to generate cash flow as well as investment opportunity."

Aitken, who has placed the item on the agenda for Tuesday's 5 p.m. commission meeting, said he had met with developers on the private side of the project who want to know what options for public support exist.

Last year's proposal was for a public-private partnership to finance development of a $38.7 million complex on the state-owned, 17-acre property. Private partners included Jacoby Development and Augusta GreenJackets owner Cal Ripken, who wants a new stadium for the team.

"I don't know how long their interest will stay in Augusta if they can't do business in the city," Aitken said.

The golf hall property has languished as a magnet for the homeless and weeds since the state pulled its funding in 2007. Last year, the State Properties Commission began preparations to auction the property at a minimum bid price of $2.8 million, to cover bonds still outstanding from the state's purchase of the land from owners in the 1990s.

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Taylor B
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Taylor B 06/04/11 - 03:10 pm
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Countyman, Im thinking about

Countyman, Im thinking about getting into the ice cream truck business... how much do you charge for hype? We could kill it this summer!

ECDanes
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ECDanes 06/04/11 - 03:30 pm
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Bear in mind that voters

Bear in mind that voters approved only $20 million toward the TEE Center.. and that was hidden an omnibus splost package.. voters approved splost which included $20 million for TEE.. but it grew into $110 million in increased spending and payouts. There was a move to put TEE back in front of the voters with the new costs... it's backers were very much against it because they knew it would fail.

Brad Owens
4450
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Brad Owens 06/04/11 - 04:11 pm
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countryman, What do you say

countryman,

What do you say about all your comments concerning the Hyatt that was going to happen because of the TEE? Now it is not goong to happen, yet you said it was a slam dunk!

Brad

ECDanes
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ECDanes 06/04/11 - 04:26 pm
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""I don't know how long their

""I don't know how long their interest will stay in Augusta if they can't do business in the city," Aitken said."

What an odd quote. Who is keeping them from doing business in Augusta? They are free to bid on the property and build a stadium or whatever else with their own money... but the thing is, they want taxpayers to foot 90% of the cost and call it a private-public partnership.. it sounds like it's all public to me. And just curious, why do you need a publicly financed ballpark inorder to build condos? What makes this condo projewct viable where all the others have failed? a ballpark? Give me a break. I can't imagine living next to a ballpark. If you want to get that property on the tax rolls, you don't build another multimillion dollar government boondoggle. When the time is right, investors will come a long and that property would be ideal for condos.. but with this economy, the time is not right. Let the private sector develop that property.. any developer who wants taxpayers to foot the bulk of the costs is someone we dont want to do business with

ECDanes
1
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ECDanes 06/04/11 - 04:29 pm
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Brad.. there never was going

Brad.. there never was going to be a Hyatt Hotel..I think we all know what that was all about.

Riverman1
84130
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Riverman1 06/04/11 - 05:49 pm
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Since the TEE Center doesn't

Since the TEE Center doesn't have anything lined up maybe it can be made into a Gold's Gym.

countyman
20138
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countyman 06/04/11 - 05:59 pm
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The $30 million 8 story

The $30 million 8 story Hyatt, 125 space under ground parking garage, and 3 story office building is delayed because of the national economy... I remember people repeatedly saying the 115 acre Village at Riverwatch in West Augusta is dead.. I rode down I-20 today and noticed over 15 bulldozers and tractors working around the property..

When the bank collapsed in Atlanta and the Whites Building got caught up in a bad position.. I heard the development wouldn't be able to recover and was basically finished.. 34 condos(top floors) are under construction inside at the Whites building.. All of the windows in the building are being replaced.. They're also working on the roof along with other improvements to maintain the historic preservation status.. Casa Blanca Cafe inside of the Whites Building is one of the most popular spots downtown.. People love looing at the art exhibits and tangoing on thursdays..
http://www.casablancatime.com/

The Doris building(attached to the Whites building) is growing too.. The grocery store Sundrees Market had their grand opening in early May.. The Tantra Lounge(martini bar, dance floor, and live D)is a new business opening next to Sundrees.... The other new business is Augusta Executive Suites.. They lease mailboxes and office space for companies.. They currently have four offices, three alcoves, and larger offices recently built.. Sandler Training along with a limousine and heavy machinery company are located there..

The Augusta Marriott Hotel & Covention Center(aka TEE center) booked the first four months after breaking ground...

countyman
20138
Points
countyman 06/04/11 - 06:03 pm
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The $30 million 8 story

The $30 million 8 story Hyatt, 125 space under ground parking garage, and 3 story office building is delayed because of the national economy... I remember people repeatedly saying the 115 acre Village at Riverwatch in West Augusta is dead.. I rode down I-20 today and noticed over 15 bulldozers and tractors working around the property..

When the bank collapsed in Atlanta and the Whites Building got caught up in a bad position.. I heard the development wouldn't be able to recover and was basically finished.. 34 condos(top floors) are under construction inside at the Whites building.. All of the windows in the building are being replaced.. They're also working on the roof along with other improvements to maintain the historic preservation status.. Casa Blanca Cafe inside of the Whites Building is one of the most popular spots downtown.. People love looing at the art exhibits and tangoing on thursdays..

http://www.casablancatime.com/

The Doris building(attached to the Whites building) is growing too.. The grocery store Sundrees Market had their grand opening in early May.. The Tantra Lounge(martini bar, dance floor, and live D)is a new business opening next to Sundrees.... The other new business is Augusta Executive Suites.. They lease mailboxes and office space for companies.. They currently have four offices, three alcoves, and larger offices recently built.. Sandler Training along with a limousine and heavy machinery company are located there..

The Augusta Marriott Hotel & Covention Center(aka TEE center) booked the first show four months after breaking ground...

Riverman1
84130
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Riverman1 06/04/11 - 06:32 pm
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From the Chronicle: "Plans

From the Chronicle: "Plans were delayed for years as analysis revealed $20 million in initial funding put in place through a SPLOST program was not nearly enough to fund the true costs of construction of the facility. Added costs included a dramatic increase in expected construction costs, a parking facility and funding for an inner-city revitalization program designed to boost support for the TEE Center drove the price tag to nearly $100 million."

countyman
20138
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countyman 06/04/11 - 06:52 pm
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Why does the Chronicle

Why does the Chronicle continued to view my comments for several minutes before posting them..

The Augusta Marriott Hotel & Convention Center(aka TEE Center) booked the first event four months after breaking ground...

The $30 million 8 story Hyatt, 125 space under ground parking garage, and 3 story office building are delayed because of the national economy...

I was told repeatedly the 115 acre Village at Riverwatch was dead in the water.. Today I noticed there were over 15 bulldozers and tractors working around the site..

After the bank in Atlanta went under and the Whites building got caught in a bad postion.. I remember hearing the development wouldn't be able to recover and was basically finished... The Whites building already has around 17 condos inside.. 34 condos(top floors) are now under construction at the Whites building.. All of the windows in the entire building are being replaced.. They're also working on the roof along with other improvements to maintain the historic preservation status.. Casa Blanca Cafe inside of the Whites Building is one of the most popular spots downtown.. People love looing at the art exhibits and tangoing on thursdays..
http://www.casablancatime.com/

The Doris building(attached to the Whites building)is continuing to grow.. The Tantra Lounge(martini bar, dance floor, and live DJ) and the construction is coming along.. The grocery store Sundrees Market had their grand opening in early April.. The other new business Augusta Executive Suites leases mailboxes and office space for companies.. They currently have four offices, three alcoves, and larger offices recently built.. Sandler Training along with a limousine and heavy machinery company are located there..

Riverman1
84130
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Riverman1 06/04/11 - 06:49 pm
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Understand this. The Georgia

Understand this. The Georgia Association of Housing and Redevelopment Authorities convention in Sept. 2013, about a year and a half after the building's completion, is the sole booking for far at the TEE center. Industry standards for bookings is 60% occupancy. Keep in mind the TEE should be ready in the spring of 2012. Also remember there is no hotel now.

Jake Oglesby is the executive director of the Augusta Housing Authority. He is also the site selection chairman for the association. That's why we have this conference coming. The group held its annual conference in Augusta in 2008 using the existing convention center in the Radison.

Brad Owens
4450
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Brad Owens 06/05/11 - 04:32 am
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countryman, You all down at

countryman,

You all down at the CVB and DDA sold us a rotten bill of goods on the TEE and the stadium must suffer now.

I think the Stadium should have repalced TEE but once TEE passed, I deceided that $100million is enough to be spent on big ticket money losers.

If stadiums made money, it would not be hard to find private sector backers for a deal like this.

Am I missing someting here?

Brad

Tyler-Ray_Daddy
44
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Tyler-Ray_Daddy 06/05/11 - 09:38 am
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I find it a difficult to

I find it a difficult to believe that moving the baseball stadium to the riverfront is even considered an option for the city. The riverfront is a prime piece of property which should be utilized to bring "new added revenue" to the city. Why not approach a private investors group to investigate the possibility of putting 3-4 nice restaurants on the property.
Construction could be guided by the city to ensure the restaurants are in sync with utilizing/sharing the property with riverfront decks for outside seating. Take down the levee, put-in a boat dock for drive-ups. It could be a profitable, beautiful thing if done right.

Brad Owens
4450
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Brad Owens 06/05/11 - 11:06 am
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Now now Tyler, you had better

Now now Tyler, you had better stop talking that common sense, you might infect the idiots running the county.

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