Ishan - Your question is confusing to me.
Let me be specific for purposes of clarity -
1. Stadiums by all independant measures represent an economic loss to their hosting communities. See the variety of independant references contained herein if you are unclear on this notion. Once you grasp the negative economic consequence, any rational thinking individual could not suggest a stadium as beneficial to the TOTAL of our community.
2. So, when you ask "..what else we could do.." that would "..parallel the magnitude.." of a stadium, I am puzzled and I wonder if you are simply enamoured with the idea of building something really big and flashy in the midst of the community - - - (but forget the economic consequence to all but the few businesses in the immediate vicinity AND mr. Wolfe. This doesn't make sense though does it ?)
To emphasize the point (and as a half-hearted response to your basic question) there ARE OTHER ideas which, probably will seem ludicrous to you - - - if so, that's good - - - because the suggestion that CNN and Fortune magazine make is just as ludicrous as building a stadium (at least in my mind) - - but according to their information, we could do as well by dropping these same funds from an airplane across our city - and could probably have a more positive economic impact.
Specifically I am refering to this -
http://money.cnn.com/magazines/fortune/fortune_archive/1998/12/21/252668/inde...Ishan - the notion that our city *must* do something on this scale is fundamentally flawed. Civic planning is NOT a process of stumbling into a developer that desires land-use subsidies . . . . and then scrambling to put the development somewhere - - - ANYWHERE. . . .THAT kind of civic planning mentality has resulted in - - - take a look around. .
On the much lesser priority and matter of simple aesthetics alone - my sense is that there is a scale to the way cities grow and should be planned. Pac Bell could not have occurred in Daly City, or in Dublin, or (IMHO) in Fremont. You couldn't put the Superdome in Manteca. . . . .cities that do eventually decide they have the economic wherewithall to SUPPORT stadiums are much much larger than ours. . . . and possess the economic stamina (or naivite') to do so - - - they also have a scale to their communities which DOES NOT make the stadium a centerpiece or "CROWN JEWEL" as has been described by our leaders - - - these other communities had grown and evolved LONG before modern stadia were proposed . the critical mass of services, infrastructure, and residents PRECEDED these stadiums and the scale f even these massive ballparks is relatvely diminutive in relation to their surrounding communities.
Think horse in front of cart.
But you and others ask "What else can we do ?" - -indeed, a fair question - and for me the first priority is to get folks in City Hall that are not mired in ongoing admiration of the Kings clothes and who possess an independance of thought which encourages and seeks approval of a BROAD electorate.
Someone said, "Keep on doin' what'you been doin' and you'll keep on gettin' what you been gettin'" - - -
We need to change something fundamental to our planning processes, Ishan. There are far too many situations where the cart is before the horse in our community - -- and the stadium idea is just another example of that same kind of - - - - - - - - thinking.