| Special Inserts: | AZ Hispanic Chamber Of Commerce | Westmarc | Economic Report | ||||||||||
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| Home Run | ![]() By Don Harris |
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| Playing the economics of sports in the West Valley | |||||||||||
Economist Elliott Pollack says population growth came to the West Valley first. Contrary to the view of some, Pollack says, “The Phoenix area grows like a balloon in a very orderly manner, at its periphery. Growth got to the west side and the area was looking for an image.” He calls Glendale Mayor Elaine Scruggs “a very smart lady,” who took advantage of the situation—a population explosion and an abundance of available land. The growth is happening not only in Glendale but in Peoria, Surprise, Goodyear, Avondale and Buckeye as well. Cardinals Stadium and Glendale Arena essentially created a focal point for that area. “It gave the media something to focus on,” Pollack says. “The area would have grown anyway, but now with a much better image than before.” Julie Frisoni, marketing and communication director for the city of Glendale, agrees. “Growth is driving the West Valley expansion,” she says. “Much of the East Valley is built up and developed. In the next 15 to 20 years, 40 percent of all growth will be west of the 101 (Agua Fria Freeway).” With growth comes soaring land prices. When the deal for the Glendale Arena was struck in 2001, agricultural land there was selling for $2 a square foot. Today, commercial land at the Westgate City Center in Glendale carries a price tag of as much as $25 a square foot. In seven to 10 years, Westgate will have 6 million square feet of retail and restaurants. Jack Lunsford, president and CEO of WESTMARC, a West Valley economic development organization, says the sports explosion is having a huge dual impact—direct and indirect—on the West Valley economy. The direct impact is fairly easy to calculate. For example, Lunsford says, each of the two NASCAR races are worth $200 million to $250 million to the local economy, and the 2008 NFL Super Bowl, $250 million to $300 million. Add to the mix the Fiesta Bowl and the NCAA Bowl Championship games, plus the hundreds of events, concerts and meetings to be held in the Arizona Cardinals stadium and Glendale Arena and the economic impact is huge, he says. Spring training is yet another economic engine. The Kansas City Royals and Texas Rangers train in Surprise, the Milwaukee Brewers are in the Maryvale area of Phoenix and the San Diego Padres and Seattle Mariners share a stadium in Peoria. Glendale and Goodyear are on the hunt for Major League teams and appear serious about building their own stadiums. “In two years we could end up with eight teams in the West Valley,” Lunsford says. Frisoni says Glendale has entered into an exclusive agreement with teams to discuss a potential spring training site. She won’t say how many or which teams the city is targeting or where a stadium site would be. “We are continuing to move forward,” Frisoni says. “We expect a resolution very soon.” Lunsford notes the indirect impact of the West Valley’s sports explosion is the retail and service development that those kinds of activities spawn. “It’s not that the arenas created the growth, they created a focal point for growth. It’s going to be a sports and retail mecca that people from other parts of the Valley will go to see games and concerts.” |
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West Valley Numbers According to Jack Lunsford, WESTMARC president and CEO, one of the biggest challenges facing the West Valley is its breakneck growth. Here’s a snapshot of its soaring population, by the numbers: *(Pop.) 2000 Avondale: Buckeye: El Mirage: Glendale: Peoria: Surprise: Source: U.S. Census Bureau, Maricopa Association of Governments and Elliott D. Pollack & Company
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