• Episode #69: The Impact of Sport on Real Estate with Justin Papadakis

  • Dec 14 2021
  • Length: 39 mins
  • Podcast

Episode #69: The Impact of Sport on Real Estate with Justin Papadakis

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  • Summary

  • 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
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