"A Cautionary Tale…"

News from Field of Schemes that Wichita won't be getting any part of the NCAA men's basketball tournament for some time. Wichita is kind of screwed by building the Intrust Bank Arena that seats "around 15,000 for basketball." I love the quote, from Paul Suellentrop's article in The Wichita Eagle, from NCAA men's basketball associate director David Worlock, "It's ultra-competitive, especially in the Midwest." Good thing there aren't a lot of arenas in the East. Oh, wait…

Meanwhile, In Brooklyn…

Developer Bruce C. Ratner "unveiled the latest design for the 18,000-seat arena". The new design is from architectural firm, SHoP, and replaces the one that replaces the original Frank Gehry plan. Charles V. Bagli reports that Ratner will "try to raise about $700 million in tax-exempt financing." And if you haven't heard, a lot of people don't want an arena in Brooklyn.