A $23 Million Annual Economic Boost for $3.19 Per Month
Research led by the UW-Whitewater Fiscal and Economic Research Center shows that the center would create an annual economic impact of $23 million and a one-time construction impact of nearly $75 million.
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Following a public bidding process, the total project cost to design the facility, demolish the existing Sears Building, construct the Woodman’s Center, and incorporate site improvements is $46,756,600. This cost is lower than the latest $50.3 million projection and includes all desired alternatives. The City of Janesville has provided a cost breakdown here.
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The Woodman's Center will naturally become one of Janesville's top contributors to help grow our local and regional economy through job creation, revitalization, and resource conservation while increasing property values and tax revenues.
Additional studies, cost data, and economic impact resources:
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City of Janesville, Woodman's Sports and Convention Center website
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Economic Considerations of Siting a Proposed Indoor Sports Complex
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Study of a Potential New Indoor Sports Complex for Janesville, Wisconsin
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Woodman's Sports & Convention Center Economic and Fiscal Impact Analysis