Ted Powell and Cynthia Neely, the driving forces behind the push to designate the Astrodome as a national and state landmark, write an op-ed outlining their reasoning.
As the Texans and the Rodeo view a third-party investor as not boosting, but rather siphoning off their revenue streams, we believe they have and will continue to dismiss any third party idea submissions no matter how well financed.
The hastily assembled $217 million bond ballot initiative, which was narrowly defeated during the low turnout election in November, was a face-saving move following the county’s swift dismissal of more than 22 third-party submissions.
It is our belief that public funding (i.e., bond issue), is the only path forward that the Texans and the Rodeo will accept as it is the only way that guarantees that they will not have to share park decision-making and revenue with a third party in the future.
We believe the national and state landmark designations can break the stalemate. Their legal statute permit requirements bring the Texas Historical Commission to the table, who, if invited, will assist with developing a comprehensive plan that optimizes the economic benefit and historical preservation aspects in repurposing the Astrodome. Even if the commission is not invited to the planning table, the agency has veto power over any ill-conceived Astrodome plan.
The landmark designations also offer tax saving opportunities to third-party investors, increasing the pool of potential investors and re-purposing visions.
It is true that a state landmark-designated building can be delisted and a demolition permit can be granted, but this requires the owner to show due diligence as to why no economically viable plan exists.
It is doubtful that the commission would grant a demolition permit based on “existing contractual obligations.”
See here, here, and here for the background. It’s tough to put much detail into a 700-word op-ed aimed at a general audience, but I don’t feel like I learned anything new from this. It’s interesting that they have concluded that public financing is the only non-demolition path forward, since previous statements made by the likes of Commissioner El Franco Lee and County Judge Ed Emmett suggest they think that a private investor is the ticket. I wonder how much Powell and Neely’s perspective was shaped by that stakeholders meeting a few weeks ago. I agree that landmark designation will make it more difficult, politically as well as procedurally, to demolish the Dome. That may force the recognition that an imperfect plan is better than no plan, which may help move something forward, and it has value on its own if you’re passionate about saving the Dome, as Poweel and Neely clearly are. Beyond that, I’m still not sure what this will do.