Quote:
Originally Posted by FanIn80
There's also the residual impact on the city. A person could, quite literally, live in this city their entire life without ever setting foot inside the arena, yet still benefit almost daily from its existence - so yes, tax dollars should absolutely pay for it to be built. 100%? no, that's ridiculous; but so is 0%.
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It would be interesting to see what the economic impact of a concert is. They say the economic impact of the Stampede is around 300 million. Ballpark it to 30 million a day. Not saying each event would bring in 30 million to the city as on each given day as the stampede probably 5x the people. I do think the there would be a trickle down that would benefit the city. From hotel, restaurant, airport, rental cars, taxis, extra transit or city parking use there is the potential for it to impact a lot of areas in the service industry.
I think that is also why it is smart to make this a partnership. If you work with the city then you can make it so transit or city lots are leveraged or preferred and the city sees some extra revenue that way instead of it going to the Stampede or Impark.