Center for Sports Venues & Real Estate Development
The Center for Sports Venues & Real Estate Development (formerly the Center for Sport & Policy) consults and works with various teams to leverage and utilize the building of a facility to generate substantial and positive effects for the surrounding city and the citizens that reside near the venue. It is through this work that we hope to change the societal perceptions that exist today in relation to sports facilities as a vehicle for growth and an opportunity to improve the fiscal footprint on the surrounding environment.
The idea that a venue that attracts a million or more visits each year can change the location of economic activity within a region and anchor enhanced development is rooted in the work of urban economists and the founding principles of economics. The value of a revitalized urban neighborhood anchored by the large number of visitors to a sports venue lies in capturing for the public sector the taxes generated by the relocation of economic activity.
Learn more at sportandpolicy.kines.umich.edu.
Clients and Research Partners
- Alberta Sterling Project Development
- Bedrock Management/Redevelopment of Downtown Detroit
- Blumenfeld Development Group
- The Children's Museum of Indianapolis
- City of Edmonton
- City of Hamilton, Ontario
- Cleveland Indians
- Green Bay Packers
- McMaster University, Hamilton, Ontario
- Michigan International Speedway
- Nassau Coliseum
- New York Mets
- Olympia Development/Detroit Red Wings
- Ottawa Senators
- Tampa Bay Lightning
- University of Nevada Las Vegas
Cantor, Michael B. and Rosentraub, Mark S. A Ballpark and Neighborhood Change: Economic Integration, a Recession, and the Altered Demography of San Diego's Ballpark District. City, Culture and Society, 2012, 3: 3, 219-226.
Cantor, Michael B. and Rosentraub, Mark S. Are Gaming and Sport Effective Tourism Strategies During Economic Contractions? Evidence From the Performance of Baseball and Casinos During America’s Great Recession. Journal of Sport and Tourism, 2012, 17: 1, 23-42.
Gerretsen, Stephanie; Jakar, Gidon; and Rosentraub, Mark S. The Financing and Design of Sports Venues, and the Use of Public Authorities. Pressman, J. & Uberstine, G. editors, Law of Professional and Amateur Sports. Minnesota: Thomas Reuters, forthcoming.
Mills, Brian and Rosentraub, Mark S. Hosting Mega-Events: Guide to the Evaluation of Development Effects in Integrated Metropolitan Areas. Tourism Management, 2013, 34, 238-246.
Mills, Brian and Rosentraub, Mark S. The NHL and Cross Border Fandom: Travel Costs and International Boundaries. Journal of Sports Economics, October 2014, 497-518.
Mills, Brian; Sorokina, Ekaterina; Winfree, Jason; and Rosentraub, Mark S. Fan Substitution Between North American Professional Sports Leagues. Applied Economics Letters.
Mills, Brian; Winfree, Jason; Cantor, Michael B.; and Rosentraub, Mark S. Fiscal Outcomes and Tax Impacts from Stadium Financing Strategies in Arlington, Texas. Public Money and Management, 2014, 34 (2), 145-152.
Rosentraub, Mark S. Major League Losers: The Real Costs of Professional Sports and Who’s Paying For It, Revised Edition. New York: Basic Books, 1999, pp. 364.
Rosentraub, Mark S. Major League Winners: How Some Cities Turned Subsides for Sports and Culture Into New Downtowns. 2010. New York: Taylor and Francis/Routledge, pp. 304.
Rosentraub, Mark S. Reversing Urban Decline: Why and How Sports, Entertainment, and Culture Turn Cities Into Major League Winners. 2014. Florida: CRC Press/Taylor and Francis, pp. 414.
Sandy, Robert; Sloan, Peter; and Rosentraub, Mark S. The Economics of Sports: An International Perspective. New York and London: Palgrave Press/MacMillan, 2004, pp. 347.
Winfree, Jason and Rosentraub, Mark S. Sports Finance and Management: Real Estate, Entertainment, and the Remaking of the Business. 2011. Florida: CRC Press/Taylor and Francis, pp. 499.