Fiscal 2023 DIF Account

Bengals Stadium

This will be coming to Worcester in 20 years with Polar Park


Field of Schemes


 It’s been just under 22 years since the Cincinnati Bengals opened its $455 million Paul Brown Stadium, which was paid for entirely by Hamilton County via a sales-tax hike, plus about $154 million in upgrades and operating costs under the team’s infamous lease clause requiring that the county keep the stadium “state of the art.” So, naturally, now that the stadium is almost too old to be claimed as a dependent on your taxes, it’s time to start thinking about tearing it down and replacing it, and good news, everybody! An architect hired by the Bengals owners and the county says it doesn’t need to be replaced, so long as the two parties spend almost half a billion on upgrading it:

Paul Brown Stadium will need $493 million in upgrades and maintenance over the next 20 years, said Demetra Thornton, principal for architectural firm Gensler…



 

Comments

Anonymous said…
Great we are going to be paying for the stadium on the short term because the development around it is delayed and now we may be paying in the future because we will have to pay for upgrades. How exactly is this going to pay us back $10 million?
Anonymous said…
Does the lease with the City have a "state of the art" provision. That provision cost Cincinnati $142 million on top of the original $455 million construction costs.
wormtown said…
Development around the ballpark may be delayed. But the development would never have happened were it not for the ballpark. A catch-22.