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Big entertainment projects in danger

Discussions about the economic and financial ramifications of PEAK OIL

Big entertainment projects in danger

Unread postby Waterthrush » Mon 22 Oct 2007, 06:51:53

I am keeping an eye on several huge New Jersey commercial developments that I think will never make it as paying propositions given that the days of cheap travel are over. They are somewhat unusual in that they are focused mostly on entertainment - not shopping (yet!) - and they will entail a lot of overhead costs (particularly energy) but will not be able to charge a high enough price to cover them.

One is the giant Xanadu "entertainment complex" in the New Jersey Meadowlands. With the removal of some of the sports teams, the Sports Authority folks authorized a huge entertainment center - things like indoor water park, etc - aimed at families. But the project has had immense trouble getting off the ground, and I think it's doubtful that the families they need will be able to afford to enter it, when transportation is factored in. They've quietly begun switching portions of it over to shopping, but even that will simply cannabalize existing malls. One developer has already disappeared. Construction has begun, but I think it's possible it might never be completed.

The second is the Virgin Spa resort at a former Moroccan royal estate, Natirar, in Somerset County. Just yesterday the Star Ledger ran a story the lack of progress in building this resort:
Story here for the next two weeks.

In this case the county had purchased the estate primarily as open space, with the hope of leasing a corner of it to the Virgin Airlines people to develop a "luxury spa." But the numbers don't add up, and the prospect of luring the wealthy to a distant "destination spa" is receding. The wealthiest can continue to find such spas in more exotic locations, and the next slice down will balk at the cost, when the huge energy needs of such a project are figured in.

At least in the case of Natirar, the open space will be the best outcome, and is why I am watching it, so I hope the project never gets off the ground. Unfortunately, construction has already begun on Xanadu, so I expect it will stand as a silent witness to the arrival of Peak Oil.
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Re: Big entertainment projects in danger

Unread postby RdSnt » Mon 22 Oct 2007, 20:42:22

I disagree that entertainment will be the first effected. People will always need entertainment.
I do however agree that large projects will be cancelled. I'm in the digital production industry and I can see the large studios getting hit badly. They consume huge amounts of electricity for their render farms and massive storage arrays.
I can see many of these studios very quickly distributing their work amongst much smaller studios in widely distributed areas.
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Re: Big entertainment projects in danger

Unread postby heroineworshipper » Mon 22 Oct 2007, 21:56:04

Can think of a lot of other reasons besides energy for New Jersey to be in danger.
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Re: Big entertainment projects in danger

Unread postby ColossalContrarian » Mon 22 Oct 2007, 22:58:21

Entertainment\Service, I notice developments in danger in the Denver area I attribute this to the housing bubble. PO may not be so severe an impact at the moment but the housing bubble certainly is.

for those from Denver... the "Northfield Stapleton" area is what I'm referring to.

Stapleton was the old airport for Denver, before DIA was built out towards Kansas...

The area was transformed into a housing development and across the highway from it is a shopping mall area called Northfield Stapleton.

This is what I'm bitching about!!! The commercials on the radio are so fucking hypnotic I can't get the bullshit out of my head while I type this!!!

So basically I hope they go under. SEVERILY!!!

The housing development is still being built and houses are being put up for sale. It's a sad state of affairs for those trying to sell the shit. The area my get more popular because it is kinda centrally located but it got developed at the wrong time and in it's vecinity are some rough neighborhoods -Martin Luther King blvd runs right next to it. and across the street is a little rough.

So basically the Northfield Stapleton shopping center has some Entertainment value as per their annoying fucking commercials but I hope the bastards go under!!! and SOON!
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Re: Big entertainment projects in danger

Unread postby IanC » Mon 22 Oct 2007, 23:41:48

I will enjoy watching these giant, energy wasting, China-product hawking, bad-food-selling projects that need to be flown-to or driven-to DIE DIE DIE. What a waste.

I'm a fiddler and play folk music in a band. My silver lining to Peak Oil is that people will be seeking more local entertainment which means I will hopefully reach a larger audience.

I know, I know, they will be unemployed and drunk, but, shit I play Irish music. The Irish have been unemployed and drunk for generations. It's a perfect match!

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Re: Big entertainment projects in danger

Unread postby Johnvancouver » Tue 23 Oct 2007, 03:10:59

Speaking of music, IMHO, music of the day reflects the level of available energy of the day. I think after PO, on the down slope of the energy production, folk music and classical music may make a come back as we get back to our roots and rebalance the material and spiritual needs of our lives.

A lot of the rock n roll music (if you can still call it music) have a market because people have extra energy to burn and some of the loud, rude stuff serve as a vent for such extra energy. When the boom is over and we have to power down, they will go out of style, at least I hope.
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Re: Big entertainment projects in danger

Unread postby dorlomin » Wed 24 Oct 2007, 18:30:56

$this->bbcode_second_pass_quote('Johnvancouver', 'S')peaking of music, IMHO, music of the day reflects the level of available energy of the day. I think after PO, on the down slope of the energy production, folk music and classical music may make a come back as we get back to our roots and rebalance the material and spiritual needs of our lives.

A lot of the rock n roll music (if you can still call it music) have a market because people have extra energy to burn and some of the loud, rude stuff serve as a vent for such extra energy. When the boom is over and we have to power down, they will go out of style, at least I hope.
Classiacal symphonies require scores of highly skilled musicians to perform. It is a luxuary left over from the era of ultra privelaged artistocratic layabouts.

There is all but no real difference between modern rock music and much folk music, infact indie rock is basicaly modern US and western folk as is RnB and Hip Hop folk music of urban America.

As for the energy to perform a decent PA and some guitars and a drum kit is all thats needed..... hell you can put on a rave with a laptop and an amp and some lighting.
And as for recorded music well they have radiostations in the most energy starved areas of africa and you get wind up radios these days, hell solar powered or wind up MP3 players at the outside and you have access to the full cannon of human recorded music.
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Re: Big entertainment projects in danger

Unread postby dorlomin » Wed 24 Oct 2007, 18:34:52

Will be funny if in the long run EuroDisney outlasts Orlando Disney, as the French one is so well served by rail, French nuclear power stations keeping its rail service running and German and Dutch tourists far more able to reach it than New Yorkers getting to Florida on $300 a barrel fuel costs by jet....
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Re: Big entertainment projects in danger

Unread postby Waterthrush » Sun 06 Apr 2008, 18:48:14

XANADU WATCH 4/6/08

Rdsnt, you wrote:

$this->bbcode_second_pass_quote('', 'I') disagree that entertainment will be the first effected. People will always need entertainment.
I do however agree that large projects will be cancelled. I'm in the digital production industry and I can see the large studios getting hit badly. They consume huge amounts of electricity for their render farms and massive storage arrays.
I can see many of these studios very quickly distributing their work amongst much smaller studios in widely distributed areas.


As I said, I'm keeping an eye on the giant Xanadu project going up in the NJ meadowlands. The latest shows Rdsnt to be prescient about one of the problems that will beset this project.

The March 31 New Jersey Star-Ledger had an update about the project:


$this->bbcode_second_pass_quote('', ' ')Xanadu will be a palace of virtual experience. Indoor skiing without the biting wind chill, air-chute sky diving without the splat! risk, bloodless hunting in the controlled climate of Cabela's, the outdoor superstore. There's Adrenelina, with simulators for X-Games like wakeboarding and surfing, and MagiQuest, where electronic wizardry lets kids become characters in their own video game.

Flowing ribbons of video streams and cavernous walls of LEDs will form a combination Niagara Falls/Grand Canyon of the digital age. In this cathedral, the art moves -- a virtual panoramic mural of pop culture. Entertain ment as religion; American pop idols and athletes as electronic gods.

It all feeds the greatest American diversion of them all: shopping.

The people behind Meadowlands Xanadu say it is more than a glorified mall. It is "a stage where brands, entertainment and technology join to create a larger- than-life experience." ("Larger- than-life": a PR phrase as empty as space.)


The project was conceived during a time of low energy costs. Electricity costs have skyrocketed since then and will continue to rise. The price Xanadu will need to charge for admittance will put it out of the price range for the New Jersey families it seeks, who will be dealing with budget-destroying gasoline costs.

It will open, but it will never stay in business. Now, how can we make sure the NJ taxpayer will not be presented with a bill.
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Re: Big entertainment projects in danger

Unread postby vision-master » Sun 06 Apr 2008, 18:54:21

Dig this..........

Tour - the bigger bang 2005-2006.

Released 2007
Image

A sign of the times, eh. :cool:
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Re: Big entertainment projects in danger

Unread postby SinisterBlueCat » Sun 06 Apr 2008, 19:14:45

entertainment in danger? not around here. i live near here...

http://en.wikipedia.org/wiki/Wisconsin_Dells,_Wisconsin

and i had to go there today, and it was packed to the gills with people, all spending like there is no tomorrow. all staying in one of the 18 waterpark hotels that require a minimum two night stay and start at over $250 bucks a night.

by the way...it was announced on march 10th 2008

$this->bbcode_second_pass_quote('', 'T')he Xanadu retail/entertainment complex at the Meadowlands will include a Legoland Discovery Centre, developers announced today.

The 44,000-square-foot children's attraction will be a "virtual city" made out of colorful, interlocking blocks, with hands-on activities such as model building, rides, a cinema with special effects, party rooms and a cafe.
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Re: Big entertainment projects in danger

Unread postby bodigami » Sun 06 Apr 2008, 21:49:58

Do consumers really believe that buying makes one happy?! How could our culture have sinked so low?
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Re: Big entertainment projects in danger

Unread postby Waterthrush » Thu 13 Nov 2008, 14:15:52

Well, an update on the huge New Jersey Xanadu complex in Newsweek this week, Is the American shopping mall dead?

I didn't realize that Xanadu was intended to be the biggest American mall. I did know that it was supposed to have a Ferris wheel and indoor surfing (not web!). But it's now pushed back another year, and - get this - $this->bbcode_second_pass_quote('', 'X')anadu, whose officials declined NEWSWEEK's requests for comment, has named just nine tenants for its 200 spaces.


The declining fuel costs have staved off disaster, temporarily. But I continue to doubt whether this thing will ever get off the ground.

The good part of it is that some substantial environmental concessions were made earlier, and since they involved allowing areas of the NJ Meadowlands to return to their natural state, there are no cost overruns, and nature is attempting to heal the terrible pollution of the area. I wonder if I will be kayaking 5 years from now looking at the ghostly uncompleted hulk of Xanadu?
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Re: Big entertainment projects in danger

Unread postby mos6507 » Thu 13 Nov 2008, 17:45:46

Given these screenshots, I'd say this project is in danger.

Coke Bottle Enterprise
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Apple Store / Cosmetic Counter Bridge
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Re: Big entertainment projects in danger

Unread postby Waterthrush » Tue 16 Jun 2009, 06:37:42

Updates on both of these big projects: around the end of March the New-Jersey Star-Ledger reported another in a series of endless delays http://www.nj.com/news/index.ssf/2009/03/post_66.html of the hideous Meadowlands Xanadu complex (artificial waterfall, ski slope, Pepsi-advertising Ferris wheel - the latter announced its own delay at the end of April http://www.nj.com/news/index.ssf/2009/04/xanadu_pepsi_globe_ferris_whee.html.) The most recent opening had been announced for August 2009, now August 2010 at best! I can't believe this thing will ever open. They are charging at least $12 for parking! The space had been originally some kind of indoor theme park, then morphed into a more standard ugly mall with some kiddie features. Now it sits unfinished. Last winter I watched a pair of snowy owls in the Meadowlands with Xanadu in the far background ... incongruous.


The other big project is the Virgin Spa at Natirar, about which the Star-Ledger reported on June 14:

$this->bbcode_second_pass_quote('', 'A')mid further delays in the opening of the Virgin Spa at Natirar, a recent proposal to construct a large tent on the site has opened a new controversy in the effort to build and open the resort now nearly six years in the making.
. Yes, a tent! Natirar is a fantastical brick manor house with extensive grounds that used to belong to the King of Morocco. Richard Branson (of Virgin Air) and a local developer negotiated a lease to make a fancy spa out of the manor house in 2003. They haven't even been able to open the restaurant announced for the carriage house. Now, a "semi-permanent tent." That's been the reality since the beginning of both projects. Neither one was not even able to open in the boom times before the gasoline price spike and the real estate collapse. Now the prospective upscale visitors can make use of a tent, I suppose.

These projects are laughable. I do have hopes that both of them can be abandoned WITHOUT the NJ taxpayer having to pay out too much money, but that is unlikely. Natirar, at least, has opened its grounds as a county park, although they mostly consist of such an enormous lawn that the most suitable use appears to me as a dog park. Xanadu is surrounded by exuberant (and beautiful) swamps in various stages of regeneration, which are quite interesting to tour in a Hackensack Riverkeeper boat http://www.hackensackriverkeeper.org/ - but wetlands and marshlands are usually low growth. They won't disguise the rusting hulk of Xanadu.
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