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A Tale of Two Stadiums: Comparing the Economic Impact of Chicago’s Wrigley Field and U.S. Cellular Field

Author

Listed:
  • Victor Matheson

    (Department of Economics, College of the Holy Cross)

  • Robert Baade

    (Department of Economics and Business, Lake Forest College)

  • Mimi Nikolova

    (Department of Economics and Business, Lake Forest College)

Abstract

Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting that sports infrastructure can serve as an anchor for local economic redevelopment. Have such promises of economic rejuvenation been realized? The City of Chicago provides an interesting case study on how a new stadium, U. S. Cellular Field, has been integrated into its southside neighborhood in a way that may well have limited local economic activity. This economic outcome stands in stark contrast to Wrigley Field in northern Chicago which continues to experience a synergistic commercial relationship with its neighborhood.

Suggested Citation

  • Victor Matheson & Robert Baade & Mimi Nikolova, 2006. "A Tale of Two Stadiums: Comparing the Economic Impact of Chicago’s Wrigley Field and U.S. Cellular Field," Working Papers 0608, College of the Holy Cross, Department of Economics.
    • Handle: RePEc:hcx:wpaper:0608
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    File URL: https://hcapps.holycross.edu/hcs/RePEc/hcx/HC0608-Matheson-Baade-Nikolova_TwoStadiums.pdf
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    References listed on IDEAS

    as
    1. Victor Matheson, 2006. "Economic Impact Analysis," Chapters, in: Wladimir Andreff & Stefan Szymanski (ed.), Handbook on the Economics of Sport, chapter 12, Edward Elgar Publishing.
    2. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Gabriel Ahlfeldt & Wolfgang Maennig, 2009. "Arenas, Arena Architecture and the Impact on Location Desirability: The Case of `Olympic Arenas' in Prenzlauer Berg, Berlin," Urban Studies, Urban Studies Journal Limited, vol. 46(7), pages 1343-1362, June.
    2. Victor Matheson, 2012. "Assessing the infrastructure impact of mega-events in emerging economies," Working Papers 1203, College of the Holy Cross, Department of Economics.
    3. Witthaus, Bjorn, 2020. "The impact of mega sport’s events on tourism sector. The case of Euro 2012 in Pomerania region," MPRA Paper 103936, University Library of Munich, Germany.

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    More about this item

    Keywords

    sports; sports; stadiums; development; baseball; Chicago; economic impact;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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