http://www2.tbo.com/entertainment/e...2/4/mebizo1-land-near-forum-bought-ar-530376/
If you're like me, there have been times you have said to yourself 'man, if I had only had the foresight to get in early enough'..
The housing bubble killed the economy, and many fortunes, but people who got in, and out, early enough made a killing.
Downtown Denver was a deadzone in 1986. By 1994, it was a bustling urban metropolis that had life 24/7.
I bring this up in relation to the above article.
Jeff Vinik, owner of the Lightning, and now most of Tampa between the convention center and channelside (and yes, he's working to buy channelside too), is setting himself up to do to Tampa what others did to downtown Denver.
So, the question is, just exactly how does one profit from this?
Bars, restaurants, sports apparel stores, general merch... If the plans go through there will be a metric FUCKTON of new commercial, and eventual residential, going into downtown.
I would guess, to make it work, would involve some kind of large cash reserves, as going in now is speculative and full of risk. But the potential reward for a 3-5x ROI is definitely there. Once, (or if), they announce a stadium is going into downtown, the rush to grab anything near it will be fast, swift, and over sooner than it began, and anyone moving slowly will be left out in the cold. This is a first adopter scenario to the extreme.
So, I'm just going to open this up for general brainstorming and convo now, and we'll see what develops.
If you're like me, there have been times you have said to yourself 'man, if I had only had the foresight to get in early enough'..
The housing bubble killed the economy, and many fortunes, but people who got in, and out, early enough made a killing.
Downtown Denver was a deadzone in 1986. By 1994, it was a bustling urban metropolis that had life 24/7.
I bring this up in relation to the above article.
Jeff Vinik, owner of the Lightning, and now most of Tampa between the convention center and channelside (and yes, he's working to buy channelside too), is setting himself up to do to Tampa what others did to downtown Denver.
So, the question is, just exactly how does one profit from this?
Bars, restaurants, sports apparel stores, general merch... If the plans go through there will be a metric FUCKTON of new commercial, and eventual residential, going into downtown.
I would guess, to make it work, would involve some kind of large cash reserves, as going in now is speculative and full of risk. But the potential reward for a 3-5x ROI is definitely there. Once, (or if), they announce a stadium is going into downtown, the rush to grab anything near it will be fast, swift, and over sooner than it began, and anyone moving slowly will be left out in the cold. This is a first adopter scenario to the extreme.
So, I'm just going to open this up for general brainstorming and convo now, and we'll see what develops.