Victor Matheson () (Department of Economics, College of the Holy Cross) Robert Baade () (Department of Economics and Business, Lake Forest College) Mimi Nikolova (Department of Economics and Business, Lake Forest College)
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Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting that sports infrastructure can serve as an anchor for local economic redevelopment. Have such promises of economic rejuvenation been realized? The City of Chicago provides an interesting case study on how a new stadium, U. S. Cellular Field, has been integrated into its southside neighborhood in a way that may well have limited local economic activity. This economic outcome stands in stark contrast to Wrigley Field in northern Chicago which continues to experience a synergistic commercial relationship with its neighborhood.
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Paper provided by International Association of Sports Economists in its series Working Papers with number
0614.
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