CyTown Announcement - Monday 9/19 (Links in OP)

DeereClone

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Nov 16, 2009
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Way too much capital investment. P&L is empty 200+ nights a year. And the mega districts like this are actually becoming out of favor nationally.

I like idea of business between stadiums, it's lacking. Cut down bldgs/capital investment 75%, add in scale up/scale down infrastructure (like power for food trucks, string lights, crushed limestone). Beer gardens with shared large wooden tables, plant some trees, could make a cool atmosphere for less cost.

For business office space, is it adding jobs in Ames? If not, it's just competing with downtown Ames and Campustown.

For consumer spend, will it cause more to spend in Ames? I think could get similar spend if all outdoor with a lower cost option (scalable up and down detailed earlier). This plan does not seem to be optimized for ROI. If want year round spend, need climate control for winter. Wild to me to see this much infrastructure, but no 4 seasons atrium for a significant portion of middle area.

This isn't the P&L and people need to get that out of their heads ASAP.
 

BillBrasky4Cy

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Dec 10, 2013
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Some of you have really thick skulls.

Don't be a prick, I was just asking the question. I know at one point there were plans to pave G4/G5 but wasn't sure if this was part of the project.
 

istater7

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Mar 31, 2010
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As someone who lives in Nevada, I would absolutely utilize a great restaurant/brewpub in CyTown many weekends aside from just gamedays. Being right off of Highway 30 is a great asset. Trekking all the way up to Stange or even just downtown can be a pain. Not to mention the various conferences that I attend at Scheman during the year, recruiting students on campus, etc.
 

carvers4math

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Mar 15, 2012
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the same way Wallaby's and hickory park does i guess. Are people under the impression that Ames is a ghost town when school is out? I hope they put some of the baseball games and prop sports on the video stage on Sundays and Saturdays.
Several of my sons spent some summers in Ames with internships and keeping a few life guarding shifts. There is a constant parade of high school and junior high kids with various events and camps. With younger kids, the parents are also in town. Looking for stuff to do while the kids are otherwise amused.

I think JP has taken his mission to restore Stephens to glory as part of this too. For every dreamer there are dozens of naysayers.

The last few years we have usually been parking on campus. Way easier to leave after the game. This would make it easier to go to the center before and after a game if we don’t have friends or relatives tailgating. Easy to grab a drink and hang out. And I will happily visit Reiman Gardens in summer and frequent the place.
 

Linusvanp3lt

Member
Sep 25, 2012
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This isn't the P&L and people need to get that out of their heads ASAP.
It's more mixed use development, yes. I address both business and sports/event centric consumer spend, the latter has relevant comparables to P&L.

This will either not happen (full buildout shown), or be a failure to recoup investment. I'm frankly shocked it was released with this much infrastructure in video. Given entire pandemic has occurred since the initial idea was shared by JP, this seems to ignore two major trends, interest rates have doubled, and people are working from home. Add in non pandemic related Big12 $ issue, and this type of capex is not wise.

For clarity, I'm pro hotel, some full time infrastructure, and an outdoor scale up scale down. I'm not a naysayer of any investment. Dismissing others points as yes/no is lazy.
 

BCClone

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Sep 4, 2011
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Not exactly sure.
It's more mixed use development, yes. I address both business and sports/event centric consumer spend, the latter has relevant comparables to P&L.

This will either not happen (full buildout shown), or be a failure to recoup investment. I'm frankly shocked it was released with this much infrastructure in video. Given entire pandemic has occurred since the initial idea was shared by JP, this seems to ignore two major trends, interest rates have doubled, and people are working from home. Add in non pandemic related Big12 $ issue, and this type of capex is not wise.
Since the Covid, we have had higher capacity fills of games at JTS. Hilton was fairly full coming off one of the worst MBB seasons ever. Many businesses are pushing to go back to inperson at least some of the time. People are also wanting to get out of their home if they WFH, so it isn't such a crazy idea.
 

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