General Discussion
In reply to the discussion: The Retail Apocalypse (major stores closing) [View all]Honeycombe8
(37,648 posts)Not in an area that could be otherwise used to make money. Or that is owned by a private enterprise, probably.
And yes, the insurance for playgrounds is high. So a skate park could figure in on an area that already has high liability insurance. And owned by the government.
Think about it. You have $1,000,000 to invest in a business to make money. Would you choose a large area inside a mall to have a skate park? The liability ins. alone might be $100,000 a year. How much would those kids spend to skate there? Would there be concessions? Even theaters don't make money on admission. They make money on the concession stands.
I made up those amounts...I don't really know. But ins. would be in the thousands per year. And the profit on such a place wouldn't be much, if any.