The Impact of Stadiums and Arenas

  • December 20, 1996
  • • Written by: John C. Melaniphy, CRE

December 1996, Vol 21, No 3
Abstract: Building new stadiums is controversial. Opponents say stadiums are driven by greed and incredible cost. Proponents counter that stadiums have economic and psychic impacts. Both are right and both are wrong. Moreover, many locational and people issues are lost in the discussion process on a stadium’s impact in an area. This article discusses some of the pros and cons and provides a number of the positive impacts realized from well located stadiums on a community, like the Chicago Cubs’ Wrigley Field.