A Stadium Should Build More Than a Scoreboard
My husband owns a plant shop a few blocks from our house in Capitol Hill. It is not a big business. It is a lease, a couple of employees, a delivery van that needs a new transmission, and a wall of ferns that somehow all need watering at once. On a good month it clears enough to matter. On a slow one, he does the books at the kitchen table after the kids are asleep. I mention this not because it is unusual, but because it is not. That shop is the ordinary shape of the American economy, and it is the shape most policy forgets.
We are about to make a very large decision about a football stadium in Colorado. I am for a team. I grew up here; I want the games and the jobs and the Saturday-night noise as much as anyone. But a stadium is not just a stadium. It is a public decision about who gets to profit from a public thing — and that decision is usually made quietly, in the fine print, long after the ribbon is cut and everyone has stopped paying attention.
That is where I have spent my career: in the fine print. Before I was in the Senate, I spent eight years representing service workers in wage-theft cases and families fighting eviction. The lesson of that work was simple and unglamorous. A law is only as good as its enforcement language and its funding formula. The promises live in the preamble. The results live in the mechanics. If you only read the preamble, you will get used.
So when someone tells me that a stadium's benefits will "trickle down" to local businesses once the deal is done, I know exactly how that story ends. It ends with the construction contracts going to the firms with the biggest legal teams, the concession revenue going to a single national operator, and the corner shop next door watching the trucks roll past. Not because anyone was villainous. Because no one wrote the local businesses into the contract, and what you do not write down, you do not get.
That is the whole argument for the Community Stadium District and Small Business Participation Act. It does not oppose the stadium. It writes the neighborhood into the deal before the deal is signed.
Here is what that means in practice. A fixed share of the construction, supply, and operations work is reserved for Colorado small businesses, with a portion set aside for firms owned by veterans, women, and people who have historically been locked out — plus the shops actually inside the district. Local businesses get first refusal on the food and retail and game-day vendor slots, instead of that revenue defaulting to one out-of-state contractor. A revolving loan and grant fund, paid for out of the venue's own revenue, helps small firms open and grow in the corridor around the stadium. And the public money is fenced: it can build infrastructure and seed local businesses, but it cannot quietly cover the owners' costs, and it sunsets.
None of it runs on trust. The targets are public. The report is annual. And if the hiring and contracting goals are missed, the bill claws back a proportionate share of the public benefit until they are met. That is the difference between a promise and a term.
I understand the objection — that any of this scares investment away, that the market should sort it out. I take it seriously, and a Republican colleague from Minnesota made the case for the answer better than I could: the choice was never "no strings or no stadium." It was whether we set reasonable terms up front or pretend the benefits materialize on their own. They do not. They never have.
Why does this matter beyond one stadium? Because small businesses are not a sentimental cause. They are the largest source of employment in this state and the reason a neighborhood feels like a neighborhood instead of an exit off the highway. When a small business earns a dollar, that dollar tends to stay — it hires the plumber down the street, sponsors the Little League team, pays a lease to a local landlord. Big out-of-state operators extract; local businesses circulate. If we are going to spend public dollars, spending them in a way that keeps the money moving through Colorado hands is not charity. It is the higher return.
Accountability and opportunity are not opposing values. You can insist that a project pay fair wages and open its doors to local firms in the same bill, if you bother to write it carefully. That is the job. A stadium can leave behind more than a scoreboard and a ribbon-cutting. This one will — because we read the fine print first.