I woudln’t get your hopes up. An NFL stadium rarely ever provides much of an economic impact for a region, mainly because it isn’t used frequently enough to make much of a difference. That’s why the NFl often promises to hold a Super Bowl in a new stadium within the first five years after its construction . . . because the influx of media and visitors for a Super Bowl really inflates the numbers when economic impacts are measured.
I hope there is a ripple effect in property value and doesn't turn into a drain for the local folks.
Typically, a football stadium has zero economic impact on the surrounding community. Eight days a year with a couple more when the team makes the playoffs, tens of thousands of people go to a game. They then get in their cars and go home.
Existing hotels and restaurants do a land-office business after the game, but no one will invest millions for eight or ten days of good sales. It will without doubt become an economic drain on taxpayers.
Brian Sussman on KSFO’s AM show has been following this. The 49ers are going to institue a ticket buyers licensing scheme for their season ticket holders with each ticket going for around 35-40K. THe 49ers also get 400 mil from GS to loan to Santa Clara at around 8.5% interest. Santa Clara is lined up to be driven onto bankruptcy. BOHICA
Oh, no, the Santa Clara 86ers! (Named after the 8086 chip architecture born in the neighbourhood.)