BILOXI — A consultant hired by Biloxi to determine the economic impact of a minor league baseball stadium says the proposed site on U.S. 90 north of Beau Ravage Resort & Casino is a winner.
Charles Johnson IV of Johnson Consulting in Chicago said during yesterday’s report to the City Council he also can’t think of a place that needs this type of attraction more than downtown Biloxi.
He estimates the stadium will bring in $34 million a year from games, concerts and other events, or an average of $70 for every person who enters the stadium.
The Sun Herald reports he city paid $25,000 for the report, which Johnson said focused on whether a stadium would bring new business downtown and if existing businesses would do well.
“We expect existing businesses to benefit first,” he said, and the $34 million annual impact to be felt immediately.
The city will probably do even better than that the first year, he said, because of the “novelty effect.”
Asked to rate the site on a scale of 1 to 10 with 10 being the best, Johnson said he gives it “a 9 or 10.”
He compared the potential attendance with that of other teams in the Southern League and said, “You are far and away the leader from a tourism perspective.” He expects average attendance for baseball, but better than average for festivals and concerts.
Tim Bennett with Overtime Sports said he has worked for nine years to bring a minor league team to South Mississippi and the independent study confirmed what he has said — “that minor league baseball is everything I thought it could be for Biloxi.” He said wherever a stadium is built, traffic will be an issue.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info