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  1. #1
    whackthepack is offline Jersey Retired
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    Viking's release economic impact study.

    This was posted on the Vikings site.


    http://www.vikings.com/news_detail_OBJECTNAME_EconImpact5306.html

    VIKINGS OWNER ZYGI WILF AND ECONOMIC DEVELOPMENT CONSULTANT REVEAL
    ECONOMIC IMPACT STUDY OF STADIUM DEVELOPMENT PLAN

    On Wednesday, May 3, Vikings Owner and Project Developer Zygi Wilf and McComb Group President Jim McComb presented the results of a recently completed economic impact study of Northern Lights - Minnesota's Sports, Retail and Entertainment Center.

    Within the presentation, Mr. Wilf described his vision of the project, which includes $1 billion in private investment from the Vikings. He also cited the importance of reaching a stadium solution during the 2006 legislative session.

    "This is a tremendous economic development opportunity for the city of Blaine, Anoka County, the Twin Cities area and the entire state of Minnesota," Wilf said. "The Vikings are offering to invest $1 billion in private capital toward a development that will add thousands of jobs, bring in millions of visitors each year, and build the north metro area's infrastructure. This is a once-in-a-lifetime opportunity that deserves to be given a fair chance during this session."

    Wilf then introduced Mr. McComb, a real estate and economic development consultant, who detailed the findings of his company's analysis and the expected return on investment from the Vikings' development plan. McComb referred to four impact areas, including total investment, development square feet, construction period impacts and annual economic impacts.

    "This stadium development project brings a tremendous return on investment for the State of Minnesota," said McComb. "The project will deliver approximately 4,300 construction jobs, 6,900 permanent jobs in a variety of fields, $33.1 million dollars in annual sales tax proceeds, and $15.8 million in property taxes."

    Senator Don Betzold (DFL-Fridley), Representative Andy Westerberg (R-Blaine) and Anoka County Commissioner Dan Erhart also attended the presentation.

    ECONOMIC IMPACTS MINNESOTA'S SPORTS, RETAIL AND ENTERTAINMENT CENTER

    TOTAL INVESTMENT - $ 1,533,519,700
    Stadium - $ 674,746,600
    Private Sector Development - $ 857,773,100

    DEVELOPMENT AREA - 3,960,400 sq. ft.

    CONSTRUCTION PERIOD IMPACTS
    Annual Construction - Jobs 4,313 jobs
    Total Construction Payroll - $ 706,845,500
    Sales Taxes - $ 34,611,400

    ANNUAL ECONOMIC IMPACTS
    Employment* - 6,916 jobs
    Payroll* - $ 215,326,200
    Sales Taxes - $ 33,136,700
    Property Taxes - $ 15,808,200

    * Excludes Minnesota Vikings
    What we've got here is failure to communicate.

  2. #2
    Deleted_User_7689 is offline Training Camp
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    Re: Viking's release economic impact study.

    Mr. Senior Loan Officer knows how to cut and paste...Ooooooooo

  3. #3
    petrodemos's Avatar
    petrodemos is offline Asst. Coach
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    Re: Viking's release economic impact study.

    thats two more skills than number34 has.

  4. #4
    Deleted_User_7689 is offline Training Camp
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    Re: Viking's release economic impact study.

    That hurt

  5. #5
    VikesfaninWis's Avatar
    VikesfaninWis is offline Jersey Retired
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    Re: Viking's release economic impact study.

    "number34" wrote:
    That hurt

    lol

  6. #6
    whackthepack is offline Jersey Retired
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    Re: Viking's release economic impact study.

    "number34" wrote:
    Mr. Senior Loan Officer knows how to cut and paste...Ooooooooo

    That one hurt me, death blow!
    What we've got here is failure to communicate.

  7. #7
    Deleted_User_7689 is offline Training Camp
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    Re: Viking's release economic impact study.

    No more, Mr. Senior Loan Officer...pleeeeze!

  8. #8
    Deleted_User_7689 is offline Training Camp
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    Re: Viking's release economic impact study.

    Whack, it's funny that you think you can beat me. I imagine you as one of those uptown dorks with the imitation designer suit and slicked back hair who think they actually have something to contribute to society when all they really are is a glorified go-fer.

  9. #9
    whackthepack is offline Jersey Retired
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    Re: Viking's release economic impact study.

    "number34" wrote:
    Whack, it's funny that you think you can beat me. I imagine you as one of those uptown dorks with the imitation designer suit and slicked back hair who think they actually have something to contribute to society when all they really are is a glorified go-fer.

    At least I do not work at the golden arches like you obviously do!
    What we've got here is failure to communicate.

  10. #10
    whackthepack is offline Jersey Retired
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    Re: Viking's release economic impact study.

    "number34" wrote:
    Whack, it's funny that you think you can beat me. I imagine you as one of those uptown dorks with the imitation designer suit and slicked back hair who think they actually have something to contribute to society when all they really are is a glorified go-fer.

    I have not started with you yet Packer Puke at least have the back bone to acknowledge who you are and quit pretending to be Viking fan.
    What we've got here is failure to communicate.

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