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Economic and Fiscal Impact Assessment of Vistula Stadium
Pages
21
Time to read
24 mins
Publication
Language
English
Pages
21
Time to read
24 mins
Publication
Language
English
This technical report presents an economic and fiscal impact assessment of the proposed Vistula Stadium and mixed-use district in Toledo, Ohio. The assessment aims to quantify the potential economic benefits and fiscal implications associated with the development of the stadium, which is intended to serve as the home for a new United Soccer League team and host various sports and community events. The report outlines the methodology used to evaluate the impacts, including direct spending, total output, job creation, and earnings generated from the project. It also details the expected construction costs, projected attendance, and the anticipated economic activity resulting from the stadium and district. Key assumptions regarding attendee origins and spending patterns are documented, along with projections of tax revenues for the city, county, and state. The findings are intended to assist stakeholders in making informed decisions regarding the project's viability and its potential contributions to the local economy.