A baseball stadium and related office buildings, retail and housing in Downtown North could create 592 Hartford jobs during construction, and ultimately sustain 380 jobs, UConn economists hired by Hartford city councilors said in a draft study released this week.
Peter Gunther and Fred Carstensen of the Connecticut Center for Economic Analysis said the three-phase development — with an overall construction cost of nearly $351 million — could create more than 1,600 jobs in Hartford County during construction, ultimately sustaining 1,106 jobs.
Statewide, the ultimate impact could be 1,271 jobs or more, the report said.
The project would also impact the county’s personal income by as much as $114 million during construction and raise the county’s annual personal income tax revenue by upwards of $9 million by 2030.
The county also stands to gain 1,093 additional residents by 2025, as a result.
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