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UConn Athletics
UConn Men's Basketball Forum
WTNH - Fate of XL Center uncertain as possible sale explored
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[QUOTE="CL82, post: 2457719, member: 44"] No doubt Hartford was a much more lively city back then. I doubt it was [I]because of[/I] the Civic Center though. I have never seen an analysis of the ROI on the original investment. Based on the "eye test" (which is pretty much worthless) I'd guess yes. All those UConn sellouts, packed concert events and the Whale in it's hey day brought a lot revenue. But that's not the issue. The issue is whether investing 9 figures in it would bring a return on investment today. I've yet to see anything that says it would. I'd love to see an up to date facility there, but CT really doesn't have the money to waste on it. IMHO, the best course is the one they are belatedly pursuing (hopefully with hard data to support it.) Sell it and as [USER=676]@whaler11[/USER] so aptly put it, let the buyer squeeze whatever value is left in for the next 5-7 years before it is demolished and redeveloped. [/QUOTE]
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WTNH - Fate of XL Center uncertain as possible sale explored
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