BCEC expansion | Seaport

Again, I appreciate the effort. And by all means be against this.

But, the Commonwealth does not have a billion dollars to invest where it likes. It is borrowing a billion to build an expansion to the BCEC specifically.

If the state could borrow another billion bucks to invest in the T, that'd be great. Or would it, considering the existing T debt that'll take 50 years to repay all while losing money and cutting back services....
 
First off the MBTA and State need to get there Pensions in line. This is the main problem with MBTA Debt along with State own debt issues.

Investing in Infrastructure is where our Tax Money should be funneled-- it will improve everybody's life with less traffic and more efficiency flowing smoothly throughout society.

The Orange, Blue, Redlines went from a great system in the 80's to breaking down every 1 hour. The system needs a massive upgrade NOW.
 
Bullet point one - I agree. Love to see it happen. Doubtful in the realistic future.

Bullet two - I agree, but many taxpayers in the Commonwealth disagree with you on the basis "I don't use it, why should I pay for it?" This is aclose minded thinking sure as they can't see the big picture and how the T benefits them even though they don't ride it. However, is not the BCEC expansion supposed to be funded by hotel fees vs. taxpayers footing the bill? For lack of Westy being here... think you're muzzle is fouling again....

Bullet point 3 - Yup and yup. Why isn't it? See point one and chase your tail.
 
First off the MBTA and State need to get there Pensions in line. This is the main problem with MBTA Debt along with State own debt issues.

Investing in Infrastructure is where our Tax Money should be funneled-- it will improve everybody's life with less traffic and more efficiency flowing smoothly throughout society.

The Orange, Blue, Redlines went from a great system in the 80's to breaking down every 1 hour. The system needs a massive upgrade NOW.

That will happen once we start seeing 90 degree days in January. Public sector unions cause some serious problems.
 
However, is not the BCEC expansion supposed to be funded by hotel fees vs. taxpayers footing the bill?

Yes, except for car-free residents who occasionally rent cars and also have to pay the $10 per day rental fee to fund this power grab.

I have not seen any neutral analysis of this proposal. But it would appear the state of the convention market doesn't really demand it.

The development is great as the area needs it, but it seems unlikely that private development could not be found for this area.
 
I have not seen any neutral analysis of this proposal. But it would appear the state of the convention market doesn't really demand it.

What? The MCCA is receiving requests to make the BCEC larger by shows who want to host their events at the BCEC, but can't because the BCEC is too small.
 
Yes, except for car-free residents who occasionally rent cars and also have to pay the $10 per day rental fee to fund this power grab.

I have not seen any neutral analysis of this proposal. But it would appear the state of the convention market doesn't really demand it.

The development is great as the area needs it, but it seems unlikely that private development could not be found for this area.

Does the $10 a day extra car rental fee apply to all rented vehicles rented anywhere in Massachusetts? So if I rent a car for a week in North Adams, I will pay an extra $70 solely because of the convention center expansion? That seems excessive. Is it really $10 a day additional on every rental statewide?
 
What? The MCCA is receiving requests to make the BCEC larger by shows who want to host their events at the BCEC, but can't because the BCEC is too small.

Perhaps I wasn't making myself clear. I have seen the MCCA analysis [poor loading times] and that of the Pioneer Institute as well as the Globe and WBUR pieces. None strike me as neutral and independent or in-depth enough to be compelling.

Every convention center 'receives requests' for more/larger shows. Requests cost nothing. Building the space is financed by the state / taxpayers. The existence of requests is meaningless, particularly without any numbers to back it up.

Consultants and state sponsored studies always promote expansion (or almost see Detroit). New York's Javits is bigger than Boston will be after expansion, and they are seeing requests to make it bigger.

Leaders of state-funded entities, like the MCCA, are always looking to fund expansion, and expand their tax base amongst the non-voting.

There are serious questions about the state of the convention center market overall. And similarly whether convention centers deliver any positive economics to cities that finance them. Like real estate, the numbers are clouded in mystery, non-public and controlled by the consultants who seek to manipulate them.

There are serious questions for a BCEC expansion about the potential for achieving improvements to the occupancy rate and the operating deficit now and in the future, and the opportunity cost of using taxes this way as opposed to expanding transportation which locals use.

I would agree that it seems clear that hotel rooms should be increased in the seaport. On the other hand I don't see why the MCCA should subsidize their financing. It would seem to me it is eminently possible for completely private fundraising to support hotel development in the city right now.

If the convention center can not fund itself today from an operating perspective, why expand it further. If it is generating excess tax benefits beyond it's official revenue, let's see those numbers.

So to be clear I would like to see a neutral study of the net economic benefits, a clear estimate of occupancy and the state of the convention market, clear and transparent figures on operating budgets (historical, now and with expansion) and the source of the financing for the project (this has been reasonable detailed by others).
 
Does the $10 a day extra car rental fee apply to all rented vehicles rented anywhere in Massachusetts? So if I rent a car for a week in North Adams, I will pay an extra $70 solely because of the convention center expansion? That seems excessive. Is it really $10 a day additional on every rental statewide?

No.

http://www.mass.gov/dor/businesses/...n/convention-center-financing-surcharges.html

Plus Lodging surcharge 2.75%

http://www.mass.gov/dor/businesses/...equiring-registration/room-occupancy-tax.html

Parking garage surcharge.

$2.00
 
Patrick to Sign $1 Billion Convention Center Upgrade Bill

July 29, 2014 4:03 AM

BOSTON (AP) — Gov. Deval Patrick is set to sign a bill authorizing a $1 billion expansion of the Boston Convention and Exhibition Center.

Supporters of the expansion say it will increase the center’s operating space by more than 50 percent and will help Boston compete for some of the largest and most lucrative conventions in the world.

Patrick plans to sign the bill Tuesday afternoon at the Statehouse.

The legislation would authorize the state to borrow to finance the approximately 1.3 million-square-foot expansion of the convention center in the city’s South Boston neighborhood.

The bonds would be repaid through proceeds from the state’s existing 5.7 percent tax on hotel rooms, with no new taxes envisioned. If the state falls short, the bill would allow the hotel room tax to be raised in the Boston area.

Wonder how much Patrick is getting for the kick back. Nothing more than wasting tax dollars only to enrich your union friends. (Detroit type Politics)
 
Wonder how much Patrick is getting for the kick back. Nothing more than wasting tax dollars only to enrich your union friends. (Detroit type Politics)

When you post a snippet of a news article, would you mind also posting a link to it? Just makes it easy to go read more if others are interested.
 
The latest trough set out by Mass politicians for yet another patronage pig feed? I'd like to think not but I'm with Rifleman on this one.
 
BCEC and Olympics will drain the money and life out of the Commonwealth over the coming decade.

Have a nice day!
 
BCEC and Olympics will drain the money and life out of the Commonwealth over the coming decade.

We'll your reasoning is certainly well argued with many important points presented in your favor. And all that without even seeing the plan - AMAZING!
 
BCEC and Olympics will drain the money and life out of the Commonwealth over the coming decade.

Have a nice day!

That is right, the whole world is going broke tomorrow. Quick question though - wasn't the world going broke yesterday? And last year? And a decade ago? And a generation ago?

I hear a lot of crying wolf from the Herald reading crowd (and a good bit of the Globe readers as well) and the sky never seems to fall. I got caught up in these concerns a few years ago too, but I got over it when it was clear that the only thing following doomsday predictions were more doomsday predictions. None of the things predicted ever came to pass.

We have a strong, stable economy and businesses are climbing over each other to relocate here. I'm not saying that will last forever, but a convention center expansion and even the Olympics will not be our downfall. If a downfall for MA ever comes, it will be from shifting business and demographic trends, not the same run-of-the-mill-corruption and patronage we've ALWAYS had.
 
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Is it a parking lot? Hopefully not.
Will they be done before summer ends? Probably not.

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