TD Ameritrade Park hits economic home run in Omaha
OMAHA – TD Ameritrade Park has paid its own way as the stadium brought in enough in local taxes last year to pay its debt to the city with money left over. The park is an economic engine as it is used for the yearly College World Series, which brings millions of dollars to the city.
City officials said the park has beat expectations. The world series brought in $4.5 million for the 2013-2014 fiscal year. The city also collected $7 million from dedicated taxes. That amount more than paid off the park’s annual $6 million debt.
For many years the event had been held at Rosenblatt Stadium. The City of Omaha entered into an agreement to build the new park downtown to create a world-class facility for the event.
It opened in 2011. Last year, the College World Series had an attendance of 361,740.
Source: Omaha World-Herald