Allen's obligation: $130 million; cost overruns; buy Seahawks for $200 million contingent on stadium approval.
Public's benefits: New stadium and related projects; expanded tax revenues; no further repairs to Kingdome; jobs; spin-off developments.
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Allen's benefits: At least $50 million in seat license sales; $30 million in naming rights (proceeds dedicated for stadium maintenance); collect all revenues from stadium and parking (80 percent from exhibition center); sell luxury suites, TV rights, and stadium advertising; enhancement of his surrounding office, retail, and condo properties; option to buy portion of former Kingdome north parking lot for private development; posh high-tech suite to view another Seahawks defeat.
The acid trip museum
Project: Experience Music Project, Seattle Center, Seattle.
Cost: $100 million building; $140 million development costs; financed by Allen and investors.
Public's obligation: Give Allen 40-year lease; pay $500,000 for site preparation and utilities relocation.
Allen's obligation: Annual lease payments, $302,000; clean up hazardous former bus barn site; expand parking across street for net gain of 500 spaces.
Public's benefits: Unique entertainment and tourist attraction, at $20 a pop or $35 to $5,000 for a membership; additional parking; jobs; hazardous site cleaned up.
Allen's benefits: Revenues from admissions, memberships, concessions, all enhanced by location in well-attended public park served by Monorail; Sky Church great place to play air guitar.
Paul & the Public, Part 2
The runaway train station
Project: Union Station renovation and business park, Seattle.
Cost: Allen paid $11.2 million for property from Union Pacific; overall redevelopment cost, $250 million.
Public's obligation: Pay Allen $17 million to renovate building for Sound Transit; buy station from Allen for $1 (property now valued on paper at $29 million; taxpayers gain $12 million difference, says Allen); Sound Transit also leasing space from Allen in new building on site.
Allen's obligation: Restore historic train station; and, on his own, develop 1,100-stall garage and 1.1 million square feet of private office space.
Public's benefits: Restoration of neglected landmark; additional parking; jobs; expanded tax revenues; grand headquarters for Sound Transit.
Allen's benefits: Prime location for Vulcan Northwest headquarters in new 11-story building; income from sale or development of three other building sites; parking revenues; enhancement of assets radiating from taxpayer-backed station restoration; free train rides?
Allen's Renton landing
Project: 68-acre Quendall Landing business and residential development, Renton.
Cost: $500 million? (Take a guess.)
Public obligation: Some or most of $30 million to clean up site; up to $60 million for new freeway interchange.
Allen's obligation: Build complex with other investors; project includes offices, housing, hotels, and retail and entertainment space.
Public's benefits: Jobs; tax revenues; economic expansion; Renton gets new shoreline park.
Allen's benefits: Revenues; sales. (Yadda yadda; Allentown on a roll.)
Sky cries Pauly
Project: International District walkway and stadium skybridge, Seattle.
Cost $3 million; built by King County.
Public's obligation: Pay for it.
Allen's obligations: None.
Public's benefits: Another pathway connecting stadium with International District, including elevator and covered pedestrian bridge.
Allen's benefits: Publicly funded walkway connecting to and enhancing his developments, including headquarters and condo developments; another pathway to success.
