The proposed $2.1 billion Tempe Entertainment District which features the Arizona Coyotes arena and music venue has been the subject of several economic impact analyses.
On Monday, April 17, the Grand Canyon Institute (GCI) released its analysis of the project. On the same day, the Coyotes released Arizona State University’s Seidman Research Institute’s review of economic and fiscal analyses prepared by Convention, Sports and Leisure (CSL) (prepared for the Arizona Coyotes) and Hunden Strategic Partners (prepared for the City of Tempe). While the Coyotes claimed Seidman also validated the Hunden Strategic Partners analysis, the Seidman review noted “Hunden’s modeling was not publicly available.” (Seidman, p. 1) . The Seidman review was commissioned by the Coyotes to review the work of CSL.
The Seidman Research Institute report actually reinforces key points made by the Grand Canyon Institute.
Full Report can be found here.