Episode #69: The Impact of Sport on Real Estate with Justin Papadakis
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Episode #69: The Impact of Sport on Real Estate with Justin Papadakis
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About this listen
The growth of professional soccer had led to a bumper crop of stadiums all around the country. Behind much of that growth is Justin Papadakis Chief Operating Officer and Chief Real Estate Officer of the US Soccer League.Over the past four years, he has facilitated an unprecedented surge in soccer-specific and mixed-use stadium developments anchoring economic live, work, and play projects across the country.
0:00 Introduction
1:28 The growth of soccer in the U.S.
3:38 Stadiums as a city anchor
6:57 From baseball to soccer in Pawtucket
9:57 Pitching stadiums to cities
12:50 Stadiums in cities vs. suburbs
17:05 What cities are good targets for new stadiums?
20:09 The use of public-private partnerships in stadium development
25:32 Community feedback and real estate development
29:10 The impact of stadiums for investors
32:41 Deciding stadium size
36:42 Changes in the viewing experience