Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Greg Morrow Profile picture
Greg Morrow
@gregmorrow
Executive Director, UCLA Master of Real Estate Development. Views expressed here are mine alone.
Jul 26, 2019 • 19 tweets • 4 min read
Some thoughts on the Calgary arena deal #yyc #yyccc #yycarena. First, from empirical evidence we know:

1. New venues don't have significant regional econ impact mostly b/c household sports spending is substitutable (if not spent on sports, it's spend on other entertainment). 2. While new sports venues don't typically help a city economically overall, they can have positive localized impact by slightly (+10-15%) increasing property values at the neighbourhood scale. So not economic boosters, but can help catalyze development in the immediate area.