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Economics

Economics Department Working Papers

2006

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A Tale Of Two Stadiums: Comparing The Economic Impact Of Chicago’S Wrigley Field And U.S. Cellular Field, Victor Matheson, Robert Baade, Mimi Nikolova Aug 2006

A Tale Of Two Stadiums: Comparing The Economic Impact Of Chicago’S Wrigley Field And U.S. Cellular Field, Victor Matheson, Robert Baade, Mimi Nikolova

Economics Department Working Papers

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.