An Economic Research Associate study finds that a proposed stadium in Arlington, TX will generate $15.82 billion in economic impacts for the city over 30 years.
The City of Arlington publishes the full Economics Research Associates (ERA) report on the proposed stadium as a PDF:
"ERA was retained by the City of Arlington, Texas to evaluate the economic and fiscal impacts related to the construction of the proposed stadium in Arlington and the operations of the Dallas Cowboys (Cowboys) of the National Football League (NFL) and other stadium events. As part of this evaluation, the City would like to understand the economic and fiscal impacts that may affect the City of Arlington (City), and Tarrant County(County) as a result of the proposed project....
"The proposed stadium is intended to be a state -of-the-art football-dedicated stadium. Theproposed stadium is to feature total seating for approximately 75,000 spectators, including luxurysuites similar in numbers to Texas Stadium (381) and other new NFL stadiums, and a dedicatedclub seat section with seating for 5,000 to 10,000 spectators. There is expected to beapproximately 20,000 parking spaces available on-site or in close proximity. Based on ourreview of the building program provided by the Cowboys, the project is estimated to costapproximately $620 million to construct, excluding land acquisition and financing costs."
[Editor's note: The link below is to a 500K PDF.]
Thanks to Urban Policy Listserv
FULL STORY: Economic and Fiscal Impacts for the Proposed NFL Stadium in Arlington, Texas
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