study summary
In April 2023, the Maryland Stadium Authority (MSA) Board of Directors approved a request from the Mayor of the City of Annapolis (City) for the MSA to manage a market and economic study for a proposed arts and conference center in Annapolis, MD. The City is requesting the use of the MSA’s on-call market, economic, and business consultant, Crossroads Consulting Services LLC to perform the study. The study intends to provide objective, research-based information to assist the City while making decisions regarding potential economic and fiscal benefits associated with the proposed arts and conference center.
The total cost of the study is $67,100. The project is led by the Arts Council of Anne Arundel County and Visit Annapolis and Anne Arundel County. These organizations will fully fund the study.
In September 2024, the MSA is pleased to publish the market and economic study for a proposed arts and conference center in Annapolis, MD as requested:
Proposed New Cultural and Conference Center Market and Economic Impact Analysis Annapolis, Maryland
MSA’s role in managing studies is to provide unbiased and objective analysis which provides information to local officials to assist in the decision-making process about investment and benefits for their communities and constituents.
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Gary McGuigan, Executive Vice President, Capital Projects Development Group
Al Tyler, Vice President, Capital Projects Development Group; Malaika Damon, Assistant Project Manager, Capital Projects Development Group
$67,100
Crossroads Consulting Services, LLC