Wednesday, June 14, 2017

West Villages: Braves $1.7 Billion Projected Economic Impact

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The new Atlanta Braves Spring Training Complex being developed in West Villages Florida  is expected to generate more than $1.7 billion in economic impact during the 30-year contract with the team.

On Monday this week, The West Villages Improvement District, along with Sarasota County, the City of North Port and the Atlanta Braves, filed a grant application with the State of Florida asking for $20 million to help with facility construction costs. The economic impact study is part of the application process.

“This conservative impact study shows what a dynamic impact the Atlanta Braves Spring Training Complex is going to have on North Port, Sarasota County and the region,” said West Villages Improvement District Chairman Martin Black, AICP, ICMA-CM. “We know this stadium and the excitement of Major League Baseball have more than just an economic impact, it will truly touch this community for two generations or more.”

The spring training complex will enhance and promote tourism while providing jobs and economic growth within the City of North Port and Sarasota County.

The Stantec study goes into great detail explaining how the company came to its conclusions about the economic impact of the spring training complex.

“Using the Total Direct Annual Expenses … the indirect and induced effects were estimated using the multiplier provided in the 2009 Major League Baseball Florida Spring Training Economic Impact Study Report, to estimate a total economic impact resulting from Direct Expenses,” the report reads.

The study looks at comparative Southwest Florida spring training facilities and even evaluates the fan base in segments to make sure the impact numbers reflect the real direct expenses. Conservatively, the study looks at the 6,500-seat stadium at a slowly rising attendance over the first 10 years of the deal.

“To understand the long-term economic impact of Atlanta Braves Spring Training in West Villages, the total economic impact over the next 30 years was calculated, in net present value, assuming a conservatively steady annual attendance growth rate of 1 percent for the first ten years, to 2028, maintaining approximately 82 percent stadium capacity, for the following 20 years,” the study reads.

Copyright 2017 West Villages,
19503 S. West Villages Parkway, Venice, FL 34293 All rights reserved.

Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Office: 941-460-3179

Sarasota National Community

Friday, June 9, 2017

West Villages: Sarasota County Community Volunteer Fair June 13 10a-2p

Write-up taken from:

Selby Public Library will host a Community Volunteer Fair on June 13th. This is a unique chance to meet with more than 20 local nonprofit organizations to find out how you can help them. Residents can learn about the organizations and their volunteer opportunities, which include one-day events, family events and ongoing positions.

Organizations that will be in attendance include All Faiths Food Bank, Safe Place Rape and Crisis Center (SPARCC), Ringling Museum, Selby Gardens, Senior Friendship Center and Big Brothers Big Sisters of the Sun Coast.

"The theme for Sarasota County Libraries' summer learning program this year is 'Build a Better World,' and we are honored to host these great organizations so community members can learn how they can help build a better world through volunteering," said Sarasota County Libraries and Historical Resources Director Sarabeth Kalajian.

Again, the event takes place June 13th from 10 a.m. to 2 p.m. at Selby Public Library in Downtown Sarasota.

Check out the Volunteer Sarasota County Facebook page link here

Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Office: 941-460-3179

Sarasota National Community