By Deborah Grigsby | Denver Gazette
As Denver’s elected officials weigh a push for $70 million in spending along Interstate 25 and Broadway Avenue, economists and business leaders hope the buzz around the city’s new National Women’s Soccer League team rubs off on councilmembers who have pushed back on the project’s price tag.
Supporters argued that the proposed stadium would serve as a major economic “jolt” to South Broadway, while councilmembers are worried about shrinking revenues and redirecting interest money originally slated for a slew of projects funded by a bond voters approved a few years ago.
City economists published a 19-page economic impact study last week, projecting that a 14,500-seat stadium and entertainment district could generate $2.2 billion in economic output over a 30-year timeframe.