Quote Originally Posted by Bham1982 View Post
Can you explain why? They already have a two giant new sports venues across from their townhouses; didn't prevent the home values from cratering during the recession. Why would a third, smaller venue finally do the trick?

A sports arena has nothing to do with residential property values.
Right now they look across Woodward at vacant lots and vacant buildings. In 3-4 years, they will be across from an arena that has hockey and concerts 50-60 times a year.

An arena probably isn't the best thing that could happen to their property values, but it's certainly better than what's there now.