Forsyth Barr Stadium brings economic benefits through new jobs, attracting more visitors, and students and retaining visitor spend within the region.
Generation of 600 new jobs during the two year construction period including employment for carpenters, concrete placers, block layers, plumbers, painters, drivers, electricians and labourers. When it opens the Stadium will provide employment for bar staff, waiters, chefs, cleaners, serurity personnel, hospitality hosts, technicians and ground staff among others. For a major event, this means employment in excess of 1,000 people.
Forsyth Barr Stadium and events held in it will create demand for the supply of goods and services such as food, retail, transport and accomodation from Otago's small and medium sized businesses.
Major events bring direct added value to the city and region through food and beverage, retail shopping, and accommodation. Howarth HTL assessed the net economic benefit to Otago and Dunedin to be $24 million a year.
The University of Otago believes that the Forsyth Barr Stadium at University Plaza has the potential to improve the attractiveness of the University amongst potential students and could assist in attracting approximately 500 more students than it might otherwise. This could result in a positive economic impact of more than $30 million per year based on the University's estimate of $63,000 per student, due to the multiplier effect.
Increased media exposure promoting Dunedin and Otago to the world and supporting our growing heritage and tourism sectors.