Proposed $26M Springfield sports and event center could have major economic impact in Miami Valley

A proposed $26 million Big Four Sports and Event Center in Springfield that would “attract regional sports tournaments and other events” is expected to bring a 2-to-1 return on investment to the community, the Dayton Business Journal reports, meaning “the project could result in a $52 million economic impact” on the city. The 100,000-square-foot facility “would play host to youth and amateur athletic tournaments while also flexing to accommodate conferences, meetings and other special events” in addition to serving as a wellness center and “place for local sports teams to play,” according to the article. The Convention Facilities Authority of Clark County “is applying for $2.5 million in funding” through the Dayton Development Coalition’s Priority Development and Advocacy Committee. The center is “anticipated to create one to two dozen new jobs” while sustaining “up to 100 permanent jobs.” For more, read the full article (subscription may be required).

Economic Development, Project Finance, State Updates