Skip to main content
The Trentini Team
my account
site map
our twitterour facebook page
Evansville  Real Estate - Homes For Sale | Indiana Realtors - Agents
Search Evansville & Newburgh, Indiana Properties
Featured Listings
Evansville Real Estate - Homes for Sale | Indiana REALTOR®
Newburgh Real Estate - Homes for Sale | Indiana REALTOR®
Relocating to Southwest Indiana?
Buying and Selling Southwest Indiana Homes
About The Trentini Team - F.C. Tucker Emge REALTORS® - Southwest Indiana REALTOR®

Real Estate Blog
Latest Posts

 Real Estate Blog 
Wednesday, August 20 2008

The planning of the construction of the new stadium is continuing to take place. Mayor Weinzapfel has asked the Robert Stadium Advisory Board to meet again in order to look at the economic impact analysis. Mayor Weinzapfel said: "We're moving along in a process where we can build something new downtown without raising property taxes, but as a side benefit it looks like potentially we could create several hundred jobs.”

Planning and construction a new stadium is no easy task and we commend the Mayor for taking time and looking at all issues to make sure this project turns out a success for Evansville.

By Marianne Lyles
Posted by Mike Mardis

Evansville is now closer to knowing what kind of stadium it will build. The Roberts Stadium Advisory Board and consultant have already recommended building new.

Now Mayor Jonathan Weinzapfel knows what kind of economic impact that will have on the community. Weinzapfel has moved onto the next step of hiring a consultant, architect and financial advisor.

After seeing the research, officials are certain they're headed in the right direction. The Roberts Stadium Advisory Board's job is essentially finished, but board members were called in one more time for a look at the economic impact analysis.

The consulting and planning firm, Conventions Sports and Leisure International put the report together.

Weston Johnson, Conventions Sports and Lesure International, said they tried to get a lot of inpur on the new stadium.

"We talked with a lot of concert promoters, family shows promoters and different sports organizations and sports leagues," Johnson said.

The estimated annual revenue from sources including tickets, food, beverage and hotels is $13.7 million. The study says the current Roberts Stadium will generate $8.1 million annually, but it goes beyond dollar amounts.

The report looks at the quality of life a new arena provides. The recently hired architectural consultants gave examples of other cities turned around because of a downtown stadium.

Wayne Henning, Advisory Board Chair, said it's amazing what a downtown stadium could do.

"To see what these stadiums have done, the before and after pictures, it was a very moving presentation," Henning said.

It's the trickle-down effect of a new stadium that has many, including Weinzapfel, excited about a downtown location.

"We're moving along in a process where we can build something new downtown without raising property taxes, but as a side benefit it looks like potentially we could create several hundred jobs," Weinzapfel said.

The new hires will conduct a feasibility study which should be done in three months. The mayor says at that time, there should be a final decision.


Posted by: Rolando Trentini AT 12:43 pm   |  Permalink   |  0 Comments  |  Email

Post comment
Email Address

(max 750 characters)
* Required Fields
Note: All comments are subject to approval. Your comment will not appear until it has been approved.

The Trentini Team
7820 Eagle Crest Bvd., Suite 200
Evansville, IN 47715
Office: (812) 479-0801
Cell: (812) 499-9234

Accredited Buyer Representative

Equal Housing Opportunity

Multiple Listing Service?



Pro Step Marketing

The Trentini Team is the sole owner of the information collected on this site. Neither The Trentini Team nor the team associates will sell, share, or rent this confidential information to others. Your privacy is the primary issue for The Trentini Team. 

By submitting personal information such as name, address, phone number, email address and/or additional data, the real estate client/prospect consents that The Trentini Team or their authorized representative may contact client/prospect by phone, U.S. Postal System, or e-mail whether or not client/prospect is participating in a state, federal or other "do not contact" program of any type.
Copyright© 2007 The Trentini Team, REALTOR®, All Rights Reserved.