Monadnock Economic Development Corporation

Keene,

Ballpark Economic Analysis

In 2001 the Monadnock Economic Development Corporation (MEDC) engaged B&D to analyze the feasibility of a ballpark as part of a downtown redevelopment plan that the MEDC had successfully proposed to the City of Keene, New Hampshire. The ballpark was conceived as home to a popular local wooden bat league club, and we were responsible for performing market analysis, providing financial operating projections for the ballpark, and developing projections of its economic impact on downtown Keene. Our work demonstrated that the ballpark would be capable of generating sufficient revenues to cover operating costs. In addition, we calculated the level of net new expenditures that event attendees would bring to businesses surrounding the ballpark.