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EconoMeter: Economics of stadium 'vision' proposal

Does the $1.5 billion proposal make economic sense?


Sunday, January 29, 2012

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Kelly Cunningham, National University System
Answer: No

The value and jobs associated with maritime trade make San Diego’s 10th Avenue Marine Terminal much more valuable than a football stadium. The annual economic impact from terminal operations is equivalent to hosting several Super Bowls each year. Maritime operations directly support industrial waterfront jobs and businesses, including ship repair, barge and tug operations, plus the commerce and jobs accommodated by the terminal. Placing a stadium on unique waterfront property seems a poor alternative for bayside operations unavailable anywhere else in Southern California. Enhancing operations at as well as transportation to and from the terminal would be a better investment.