Eric Moraczewski, Gateway Arch Park Foundation (US)
Economic Impact of a Park
We all do economic studies of the impact our projects will have ahead of the funding process, but rarely do groups do it after the project opens to verify if they were correct. We are undertaking this right now to prove that we delivered on our promises and if not, we will use it to meet those initial promises. This will also help us prove the development around our project, how it is encouraging new development and residents to move back into downtown St. Louis and all the new hotels we have being developed to support the tourism.