In recent years, sports stadium developers have been including affordable housing in their projects to win support from local governments and community activists.
Stadium projects in Brooklyn, N.Y., Las Vegas, Los Angeles, and St. Petersburg, Fla., have all been approved with community bargaining agreements (CBAs) that include a promise from the developer to add affordable housing to their developments. In return, the developer gets a fast-tracked approval process.
The track record of these agreements of actually yielding affordable housing is mixed.
The key for cities to realize the construction of affordable units is the inclusion of an enforcement mechanism in the agreement.
Without an enforceable agreement that includes milestones, the developer can choose to construct everything that is profitable first before creating affordable housing.
Related Stories
| Aug 15, 2016
Top 50 Sports Facility Architecture Firms
Populous, HKS, and HOK top Building Design+Construction’s annual ranking of the nation’s largest sports facility sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.
High-rise Construction | Aug 1, 2016
Rising to the occasion: Dubai shows some pictures of proposed 500-step structure
Still in the planning stages, this building would serve tourists and power climbers alike.
Sports and Recreational Facilities | Jul 31, 2016
Shanghai’s latest tourist attraction: an outside, rail-less walkway around one of its tallest skyscrapers
For less than $60, you can now get a bird’s-eye (or window-washer’s) view of the cityscape.
Sports and Recreational Facilities | Jul 20, 2016
San Diego’s waterfront redevelopment would go beyond a mere ‘project’
Its developers envision a thriving business, education, and entertainment district, highlighted by a huge observation tower and aquarium.
Sports and Recreational Facilities | Jul 20, 2016
Chicago Cubs unveil plans for premier fan club underneath box seats at Wrigley Field
As part of the baseball team’s larger stadium renovation project, the club will offer exclusive food, drinks, and seating.
Events Facilities | Jul 19, 2016
Houston architect offers novel idea for Astrodome renovation
Current plans for the Astrodome’s renovation turn the site into an indoor park and events space, but a Houston architect is questioning if that is the best use of the space
Sports and Recreational Facilities | Jul 18, 2016
Turner and AECOM will build the Los Angeles Rams’ new multi-billion dollar stadium project
The 70,000-seat stadium will be ready by the 2019 NFL season. The surrounding mixed-use development includes space for retail, hotels, and public parks.
Building Tech | Jul 14, 2016
Delegates attending political conventions shouldn’t need to ask ‘Can you hear me now?’
Each venue is equipped with DAS technology that extends the building’s wireless coverage.
Contractors | Jul 4, 2016
A new report links infrastructure investment to commercial real estate expansion
Competitiveness and economic development are at stake for cities, says Transwestern.
Sports and Recreational Facilities | Jun 9, 2016
Swimming may be returning to Melbourne’s polluted Yarra River… kind of
The addition of a pool to the Yarra may help improve people’s perception of the river and act as the impetus to an increase in support for improving its water quality.
