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October 03, 2005

Study shows economic impact of $2.4 billion for potential Kansas City stadium complex

The Kansas City Star reported Sunday that the nationally-known sports consulting firm Convention, Sports & Leisure will release a study Wednesday which details the potential economic benefits of a new stadium and soccer complex in Johnson County, Kansas.

The project as described in the study would include a 22,000-seat stadium for the Kansas City Wizards, 30 youth soccer fields, and adjacent retail facilities. According to the story, CS&L projects the economic impact as follows:

  • Total economic impact over three decades: $2.4 billion.

  • Annual new revenue to Johnson County: $79 million.

  • Annual new tax revenue: $9.6 million $5.2 million to Kansas, $2.6 million to Johnson County, $1.8 million to cities.

  • New jobs created: 3,250

  • Annual attendance: 1.4 million.

  • Bottom-line cost of the complex: $89 million to $125 million, including land.

    • It's worth noting that the attendance number listed above includes approximately 900,000 amateur adult and youth soccer players. While fans of the Wizards would undoubtedly see the stadium as the centerpiece of the project, the potential benefits extend into the community far more deeply.

    Posted by Jay at October 3, 2005 08:58 AM

    Comments

    I think linking the potential revenues to amateur soccer is excellent. I know for a fact there is a lack of fields in the SJ area. I have to pay $3 to play at Twin Creeks when I'm scheduled there in the South Bay Adult Soccer league. The potential for income from adult soccer is significant IMO.
    Thanks,
    Jorge Galazzo

    Posted by: Jorge Galazzo at October 3, 2005 02:59 PM