Center for Sports Venues & Real Estate Development
The Center for Sports Venues & Real Estate Development (formerly the Center for Sport & Policy) consults and works with various teams to leverage and utilize the building of a facility to generate substantial and positive effects for the surrounding city and the citizens that reside near the venue. It is through this work that we hope to change the societal perceptions that exist today in relation to sports facilities as a vehicle for growth and an opportunity to improve the fiscal footprint on the surrounding environment.
The idea that a venue that attracts a million or more visits each year can change the location of economic activity within a region and anchor enhanced development is rooted in the work of urban economists and the founding principles of economics. The value of a revitalized urban neighborhood anchored by the large number of visitors to a sports venue lies in capturing for the public sector the taxes generated by the relocation of economic activity.
Member(s)
Clients and Research Partners
- Alberta Sterling Project Development
- Bedrock Management/Redevelopment of Downtown Detroit
- Blumenfeld Development Group
- The Children's Museum of Indianapolis
- City of Edmonton
- City of Hamilton, Ontario
- Cleveland Indians
- Green Bay Packers
- McMaster University, Hamilton, Ontario
- Michigan International Speedway
- Nassau Coliseum
- New York Mets
- Olympia Development/Detroit Red Wings
- Ottawa Senators
- Tampa Bay Lightning
- University of Nevada Las Vegas
Publications
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“A sport anchored development district and densification: A comparative mixed effects analysis,” Land Use Policy, October 2022, 122: (with Gidon Jakar and Jeffrey Carr).
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“From public goods theory to municipal capitalism: Evaluating investments in sport venues from an urban entrepreneurial perspective,” Journal of Urban Affairs, doi.org/10.1080/07352166.2021.1881406, (with Gidon Jakar).
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“Tourist tax elasticity in Florida: Spatial effects of county-level room tax rate variation,” Tourism Management Perspectives, July 2019, 31: 174-183 (with Brian Mills and Gidon Jakar).
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“Sport facility development: municipal capital and shutting out of the private sector,” European Planning Studies, (with Gidon Jakar, Gilad Rosen, and Eran Razin), doi.org/10.1080/09654313.2018.1451826.
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“Protecting the Public’s Interest: Options for the Structure of Public Authorities,” The Physical Educator, 2019 76: 588-602, (with Michael B. Cantor and Sierra R. Bain).
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“The Economics of Sport”, in R. Hoye & M. M. Parent, The SAGE Handbook of Sport Management, London: Sage, 2015, pp. 478-494.
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“Revitalizing Cities: Amenities, Economic Development, and Hospitality,” Journal of Tourism Research and Hospitality, 4: 1, 2015.
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Sports Finance and Management: Real Estate, Entertainment, and the Remaking of the Business, 2nd edition, revised and expanded version, 2019 (with Jason Winfree, Brian Mills, and Mackenzie Zondlak).
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Reversing Urban Decline: Why and How Sports, Entertainment, and Culture Turn Cities Into Major League Winners, 2014, Florida: CRC Press/Taylor and Francis, pp. 414.