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�W A Preliminary Report of the <br />Projected Economic Impact of <br />La Porte Town Center <br />This report presents a preliminary economic analysis for the La Porte Town <br />Center; a mixed-use sports and entertainment development in La Porte, Texas. <br />DESCRIPTION OF THE 20 ACRE FACILITY <br />The development includes the following concepts. <br />• <br />50,000 <br />square foot entertainment complex <br />• <br />20,000 <br />square foot conference, theatre, and museum <br />• <br />8 <br />restaurants <br />• <br />50,000 <br />square foot retail space <br />• <br />5,000 <br />square foot office space <br />• <br />14 <br />brownstone townhomes <br />• <br />7 <br />live/work spaces <br />• <br />�Mw• <br />114 <br />2 <br />room hotel <br />acre park and water features <br />OPPORTUNITY <br />• $49,287,000 Estimated Annual Taxable Sales <br />• $57,360,212 Estimated increase Property Value <br />• 840 Estimated Direct/Indirect/Induced/ Jobs <br />• 289 Estimated Construction Jobs <br />CHARACTERISTICS OF DEVELOPMENT <br />• $2,613,000 Development Cost <br />• $40,936,000 Building & Improvements <br />• $9,042,000 Furniture Fixture Equipment <br />• $2,300,000 Inventories <br />• $54,891,000 TOTAL <br />