Co-chairs of Herrick’s Sports Law Group, Irwin Kishner and Dan Etna, along with the chair of Herrick’s Land Use and Zoning Group, Mitch Korbey, discuss the financial, environmental, procedural and community considerations in the building and development of stadium and mixed-use projects.
Engaging in these projects entails many steps from identifying the land, to obtaining support and consensus of the community, accounting for the availability of public transportation to assessing the environmental impact. Mitch discusses many of the procedural steps involved in the often-multijurisdictional approval process for stadium projects from permits to the public review process to environmental impact reviews. Dan and Irwin touch on the financing implications for these projects including conventional financings, tax exempt opportunities, as well as concession revenues and media rights. Listen to how these veterans of stadium development discuss how it can be economically and socially transformative for a community.
Music by Michelangelo Sosnowitz
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