New Cowboys' stadium announced Tuesday, August 17, 2004 A 75,000 seat football stadium will be built in Arlington, TX. The public sector will pay half of the $650 million faciltiy. Public officals are already pumping the economic impact: $238 million annually. (With 8 regular season football games and 75,000 seats, that works out to an economic impact of $397 per seat. Throw in an exhibition game, and the number drops to $352...It still looks high to me, unless we start making some wild assumptions about multipliers.) Read more. Why not Dallas? The mayor wasn't willing to pay for hapf the stadium. "We couldn't agree. They made it very clear that they were going to find a town that would pay for a significant amount of the stadium. I made it clear that we weren't willing to pay for half their stadium." Read more. posted by Ed Morrison |		This work is licensed under a Creative Commons License. links Some Background on EDPro Weblog The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it. One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information. So, spread the word...Share the knowledge. Tell a friend about EDPro Weblog. If you are using a news reader, here is the link to syndicate this site: Here's the link if you are a bloglines subscriber: Speaking and workshops on Open Source Economic Development As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking. Background on Ed Morrison Download some background information on me here.

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