October 5, 2016 Comments Off on $2.1B in Economic Impact of Proposed Chargers ‘Convadium’ Views: 466 California News, San Diego, West

$2.1B in Economic Impact of Proposed Chargers ‘Convadium’

The proposed San Diego Chargers downtown ‘convadium’ could add $2.1 billion to the local economy, and create 15,000 jobs during construction. A new independent economic analysis, funded by the team, also found that the combined football stadium-convention center would generate $400 million in annual regional economic impact, and add more than 6,400 permanent jobs annually.

Researchers from UC San Diego and a construction trade group say the $1.8-billion dual-purpose facility will increase direct spending from football operations, conventions and events. Additionally, spending in the region would increase as a result of construction activities and increased bookings at the expanded facilities.

The proposed project adds 385,000 leasable square feet to the maxed-out convention center. Next month, San Diego voters will decide if the project will be permitted to proceed.

Read More at San Diego Business Journal

Connect with Charges Stadium Report

For comments, questions or concerns, please contact Dennis Kaiser

Tags: , , , ,

Comments are closed.