Ok, so I'm sure you all have heard Nick Stone's interview with Darren Smith by now and have seen SDSU's press release. I went over all the coverage on Mighty 1090 yesterday and it was all just very fascinating to me from an objective point of view. SDSU just so happened to release its response to the FS Investors' plan whole Stone was on air. When read SDSU's statement, Stone's initial response was "it's telling" that he heard it on the radio before being notified about it from SDSU. It kept getting better.
Darren Smith did a decent job trying to clarify the situation between the two and it became obvious that the communication between both sides has been uneasy. Then hours later Scott Kaplan had Stone back on to talk more about SDSU's statement and it just flat out turned into a public negotiation battle.
SDSU took a dig at the tax breaks the Investors would receive without providing typical "revenue or ownership normally associated with a gift." They also called out the plan for not showing much promise for a potential 40k expansion "given the density of the plan." Basically, there's so much more involved with the entire plot of the Mission Valley land benefitting the FS Investors that have little to do with the MLS stadium, SDSU or the parkland and more to do the with the proposed housing, retail and office space. In other words, this was all just a land grab to get the City and the public to approve a very valuable business idea.
This isn't about brining an MLS team or giving SDSU a half-hearted "gift" or putting out the idea of a potential NFL team returning, it's about FS Investors acting in their own self interests much more than the limited details they've tossed out in the air through the media. However, it's clearly working. They are the first group to put out a plan with an aggressive mindset and the media and public, at least based off the initial reactions lately, are eating it up.
I've looked at Facebook comments to the local media coverage of the FS Investors plan and almost all the responses are in favor other than some people still dreading not having the NFL (especially the crowd that thinks its a downgrade from the "NFL", which in my opinion should be unrelated) and a couple of SDSU fans who realize how the Aztecs won't get much of what was originally brought up.
Some notes:
-After their initiative is released this week, they will need to get 72k signatures from registered voters.
-Stone said they are providing SDSU with a substantial amount of free land underneath the 30K stadium.
-Stone denied SDSU's claim that 40k wouldn't be an option and then said that it would happen "should the university be fortunate enough to secure a power five birth." Woah, woah, woah. That wasn't brought up during all the hubhub in the media before.
-He then showed some leverage while throwing a dig at SDSU's leadership that they should instead worry about finding a place to play when the Qualcomm lease is up. Last I heard, Petco is available according to Ron Fowler but that point was not brought up. I should add that Kevin Acee mentioned that the MLB wouldn't like the idea of a cfb team playing in Petco very much but didn't further explain that aspect.
-The response to the release has been generally positive and focused on the MLS aspect. One facebook headline that read "The group vying to bring Major League Soccer to San Diego..." got me thinking, because there's so much more to it. But the FS Investors timed this whole thing perfectly with the Chargers leaving in the manner they did, snd fans being desperate for a pro team - one that won't cost them tax payer dollars to boot.
-He constantly brought up the fact that Qualcomm Stadium cost the city 12 million just to sit there, again showing leverage since time is money and they were the first to act.
-Kaplan tossed out the idea that SDSU should tread lightly because of the FSI investors involvement with the school in the form of donations, namely Steve Altman as the a in JAM Center.
-FSI says they can accomplish this without SDSU and the stadium for the MLS team would only be 22k if that's the case.
-There is a lot of housing and a lot less SDSU campus expansion then originally believed
-The tax base created with the retail and housing would generate a lot of money for the city and state but as has been pointed out by the JMI plan, a SDSU-centric expansion would help the local economy greatly in the long term.
-Parking. There are only structures shown in the renderings and Stone said they plan to have more underground parking around the site. This all just seems like another fashion or mission valley retail center to me with all the not-so-lottle details he reveals like that, after not mentioning much in the previous announcements of the plan.
-The first plan is hardly ever the best, but that's all the media has to talk about so they are going all in on the idea and so is the public.
-Acee did repeat that he's all for it unless there's another plan out there. SDSU has indicated that it is in talks with multiple parties but have yet to put anything out in the open for discussion. I feel like it's their right to hold off on revealing anything despite the local media calling them out on how quiet they've been (which I think will continue in the next days/weeks of coverage) but I do agree that the time is ticking with FS Investors getting out so far ahead. They also should probably act fast now that they they put out such a damning response.
Oh wait! They did. Sort of. Last year.
https://sdsupresident.wordpress.com...um-site-provides-opportunity-to-advance-sdsu/
They just need a partner to meet them half way.
Login to view embedded media
Login to view embedded media