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Economic Impact Report
The major goal in 2010 was to conduct an Economic Impact Analysis of
rehabilitating Schell Bridge for recreational and pedestrian use. Such a study assesses how the rehabilitation and subsequent
visitor spending would benefit the local and regional economies, through
increased economic activity such as job creation, additional business
activity, and other economic endeavors of various kinds.
The Center for Economic Development at
the University of Massachusetts was commissioned in the summer of 2010
to conduct this study, and the final report completed in the spring of
2011. The results indicate a regional (county level) benefit on the
order of $6,400,000 due to the construction phase of rehabilitation and a
conservatively-estimated $840,000 per year in visitor spending during
the first decade after the bridge is reopened.
Click Here to see the complete report.
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