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SUPER BOWL 2015- economic impact to arizona 

 by Pamela martin abella, cin, SFR, CNE, CSSPE, COMMERCIAL RE agent

 

The first Super Bowl in Arizona was way back in January 28, 1996 held at the Sun Devil Stadium in Tempe Arizona.  It was when Dallas Cowboys defeated the Pittsburgh Steelers with a score of 27-17.

The second was in February 3, 2008 held at the University of Phoenix Stadium in Glendale, Arizona. New York Giants defeated the New England Patriots with a score of 17-14. Phoenix had changed dramatically since hosting the Super Bowl in 2008.  Four billion dollars had been spent to meet the taste of sports fanatics namely the massive downtown Phoenix development including the construction of 250,000 square feet of new retail shops, completion of the Phoenix Convention Center, completion of the 20 miles Light Railway Transit, construction of 1500 new hotel rooms and more than 30 new restaurants. The third Super Bowl is scheduled on February 1, 2015 in Glendale, Arizona with an estimated $500 million economic impact to the state. According to the city's website news report, an estimated 90,000-100,000 visitors are expected to come including media personnel from all over the world. Arizona created a Business Connect Program which will provide an increase in opportunities for local small businesses to help boost the economy. They will engage in various business development including trade shows. Big expectations to come during the Super Bowl week like increase in car rentals, hotel and motel accommodations, airline ticket sales, increase in hiring temporary workers, increase in retail sales, large food consumption which is good for local grocery stores, restaurants including bars and night clubs for night life activities. The gigantic ticket sales for the Super Bowl event in February will bring tons of income for Arizona. Other fun activities are expected to rise like tours to visit the world renowned attraction of the Grand Canyon, visit  to Sedona, famous for its array of red sandstone formations, visit to Flagstaff, the home to Lowell Observatory, the US Naval Observatory and Northern Arizona University. Visit to other neighboring cities like the City of Scottsdale which is the desert version of Miami's South Beach according to New York Times, visit to the City of Tempe, the home of Arizona State University and its famous Mill Avenue District for an array of bars and restaurants and night clubs, visit to the City of Chandler which is a satellite location for many technology companies like Intel and Orbital Sciences Corporation, visit to the City of Gilbert which was once known as the Hay Shipping Capital of the world. Also visit the City of Mesa known for the Cubs Spring Training Facility for the Chicago Cubs and visit to the City of Tucson known for its manufacturing site for optics and optoelectronics systems earning the nickname Optics Valley. It is also the home of the University of Arizona.

Five major sporting events are expected in Arizona that will help spike the economy scheduled the last day of this year until February of next year in 2015. They are Fiesta Bowl on December 31, 2014,

Waste Management Phoenix Open from January 26- February 1, 2015, Cactus Bowl on January 2, 2015, Pro Bowl on January 25, 2015 and the biggest event of the season the Super Bowl in

February 1. 2015.


Article contributor: Pamela Martin-Abella, commercial real estate agent of Century 21 Arizona Foothills, website: www.hothomesaz.com, email: realtor@hothomesaz.com, direct line: (480)703-5830