Super bowl in Tampa good or bad for the area?

General Real Estate Investing
5yFollow

Super bowl in Tampa good or bad for the area?

Jorge VazquezBusiness Member
Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 700 votes

I've always wondered if these types of events really do help the local real estate economy at where they're done. What is your experience? 

Graystone Investment Group517 Reviews
WebsiteView Page
0Reply
55 views

Most Popular Reply

Brian Garrett
Real Estate Investor · Palm Beach County, FL · Member since 2017 · 3k+ posts · 2k+ votes
5y

Good for the economy, bad for Coronavirus.

1Reply
See this reply in the discussion

7 Replies

Jump to latestLatest
  • Brian Garrett
    Real Estate Investor · Palm Beach County, FL · Member since 2017 · 3k+ posts · 2k+ votes
    5y

    Good for the economy, bad for Coronavirus.

    1Reply
  • Jorge VazquezBusiness Member
    OP
    Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 700 votes
    5y
    Originally posted by @Brian Garrett:

    Good for the economy, bad for Coronavirus.

    No doubt I agree with you. But people are going to attend it regardless.

    Graystone Investment Group517 Reviews
    WebsiteView Page
    0Reply
  • Steve Morris
    Real Estate Broker · Portland, OR · Member since 2019 · 4k+ posts · 2k+ votes
    5y

    Got nothing against it, but shaking down the populace to get a publicly paid-for stadium so an owner can make money is absurd.  The economic justifications they come up with border on blatant lies.

    And, no, I"m not mad because the Raiders moved to LV :)

    1Reply
  • Nadia Daggett
    Member since 2021 · 1 post · 0 votes
    5y
    0Reply
  • Nadia DaggettBusiness Member
    Real Estate Broker · Tampa, FL · Member since 2019 · 97 posts · 62 votes
    5y

    @Jorge Vazquez Great for the economy. Brings lots of Jobs and focus to Tampa Bay. We have to keep our economy going and this is a great example. The NFL and host committees claim that the super bowl brings between $300 to $500 million to host cities. Florida also volunteered to host 2021 Olympics if Japan backs out due to COVID-19 concerns. That would put a lot of attention on Florida as well and bring more people to the sunshine state.

    [email protected]813-527-1030
    1Reply
  • Jon Sullivan
    Tampa · Member since 2019 · 5 posts · 4 votes
    5y

    Great for the economy and real estate. I completely agree. Tampa is a growing city and proud to be apart of the growth.

    0Reply
  • Joe SplitrockPro Member
    Moderator
    Rental Property Investor · Sioux Falls, SD · Member since 2015 · 9k+ posts · 18k+ votes
    5y
    Originally posted by @Nadia Daggett:

    @Jorge Vazquez Great for the economy. Brings lots of Jobs and focus to Tampa Bay. We have to keep our economy going and this is a great example. The NFL and host committees claim that the super bowl brings between $300 to $500 million to host cities. Florida also volunteered to host 2021 Olympics if Japan backs out due to COVID-19 concerns. That would put a lot of attention on Florida as well and bring more people to the sunshine state.

     That is what the NFL claims and that is in a normal year when people travel to the city. Read this document on the ridiculous costs that the city gets saddled with to attract the super bowl. 

    https://www.rd.com/article/sup...

    Studies have been done on Olympic cities after the games leave and they usually conclude the expense to build out the infrastructure is not returned. Unless you end up with long term training facilities that are actually used, often the facilities sit empty. 

    I think Tampa is great, but all the people moving there right now has nothing to do with the Super Bowl and everything to do with COVID and how the state handled it. Pro business and low taxes, combined with climate is the winning formula. 

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free