John: Best Time To Overhaul McEuen
JohnA: I think MikeK is right to defer the question of cost until the plan is more firmly in place. That said, there clearly has never been a better time to build. Public works contracts I’ve seen lately are coming in well below engineer’s estimates, as hungry contractors are sharpening their pencils. Too, despite Gary’s concerns on urban renewal debt, financing costs have rarely been lower than they are now. Coupling the two factors of construction and financing costs shows that now is the time to move ahead if the city wishes to move ahead with McEuen at all. As a long time proponent of the upgrade, I’d advocate moving ahead sooner than later, as generations of users await the results.
Question: Some have argued that this is a poor time to be overhauling McEuen Field, due to the Great Recession. What do you think of John's argument that this might be the best time to do so?