Entertainment and Sports Centre has $24 million economic impact on community

The Abbotsford Entertainment and Sports Centre (AESC) generated an economic impact of $24.3 million in 2010 according to figures released Friday.

The economic impact study, which was presented to council Monday afternoon, was written by the consulting company Grant Thornton International.

The Abbotsford Entertainment and Sports Centre (AESC) generated an economic impact of $24.3 million in 2010 according to figures released Friday.

The economic impact study, which will be presented to council Monday afternoon, was written by the consulting company Grant Thornton International.

It also stated that the equivalent of 305 full-time jobs were created by the AESC last year.

“It’s nice to know that it’s not all bad news,” said Abbotsford Mayor George Peary.

“The critics of the sports centre either don’t understand, or choose not to understand, that there are some benefits.”

According to the study, the AESC hosted 68 events in 2010 and attracted  a total attendance of 208,450. That breaks down to 146,450 to Abbotsford Heat games, 11,530 to music concerts and 50,470 to entertainment and other events.

The economic impact is evaluated by establishing direct, indirect and induced spending. Direct includes expenditures and employment directly related to the AESC, indirect is money in the community created by supplying goods and services to the facility, and induced is the impact created by visiting teams, patrons and entertainers (such as hotel rooms and restaurants, gas stations etc.).

The report indicated that even more economic impact could be seen in the coming years as the proposed University District (U-District) is created. The city has planned to create a district, with the University of the Fraser Valley and the AESC at its centre. The plan calls for shops restaurants, easy transit access and other improvements.

“We hope to see a lot of new development in the next decade or so,” said Peary.

While the study is being perceived as good news, Peary said that won’t stop the ongoing work to cut down the AESC deficit which was $3.4 million in 2010 and $2.6 million in 2009.

“We still have a lot of work to do to improve attendance at Heat games,” he said. However he did acknowledged that Global Spectrum, which manages the facility, has done a good job increasing the number, and the success, of travelling entertainment shows.

Just Posted

Alexis Paige Simpson has not been in contact with her family in two months. (RCMP photo)
Chilliwack RCMP looking for missing 20-year-old woman

Police say Alexis Paige Simpson has not been in contact with her family in two months

(Maps.Chilliwack.com)
RCMP seek dash-cam footage after Chilliwack road rage incident

Male driving a black pickup stopped and allegedly threatened to punch another driver

Deepak Sharma of Abbotsford has been convicted of the sexual assault of one of his cab passengers in West Vancouver in January 2019.
Former Abbotsford Hindu temple president convicted of sexual assault

Deepak Sharma assaulted a female passenger when he was a cab driver

A blood drive in support of 1-year-old Rielynn Gormley of Agassiz is scheduled for Monday, June 28 at Tzeachten First Nation Community Hall in Chilliwack. Rielynn lives with type 3 von Willebrand disease, which makes it difficult for her to stop bleeding. (Screenshot/Canadian Blood Services)
Upcoming blood drive in honour of Agassiz toddler with rare blood condition

The Gormley family has organized a blood drive in Chilliwack on June 28

Woody’s RV World hosts a grand opening for its brand-new Abbotsford location on Saturday. (YouTube)
Woody’s RV World hosts Abbotsford grand opening on Saturday

First-ever B.C. location for successful RV chain, located on Marshall Road

The border crossing into the United States is seen during the COVID-19 pandemic in Lacolle, Que. on February 12, 2021. THE CANADIAN PRESS/Paul Chiasson
VIDEO: Border quarantine to soon lift for fully vaccinated Canadians

Eligible travellers must still take multiple COVID-19 tests

Chilliwack secondary school’s principal is apologizing after a quote equating graduation with the end of slavery in the U.S. was included in the 2020-2021 yearbook. (Screenshot from submitted SnapChat)
B.C. student’s yearbook quote equates grad to end of slavery; principal cites editing error

Black former student ‘disgusted’ as CSS principal apologizes for what is called an editing error

Skeena MLA Ellis Ross. (Photo by Peter Versteege)
BC Liberal leadership candidate condemns ‘senseless violence’ of Okanagan church fires

Skeena MLA Ellis Ross says reconciliation isn’t about revenge for past tragedies

A coroner’s inquest will be taking place at the Capitol Theatre in Port Alberni for the next week. (ELENA RARDON / ALBERNI VALLEY NEWS)
Teen B.C. mom who died following police custody recalled as ‘friend to many’

Police sent Jocelyn George to hospital after intoxication had gone ‘beyond the realm’ of normal detox

FILE - In this Nov. 29, 2020, file photo, Las Vegas Raiders defensive end Carl Nassib leaves the field after an NFL football game against the Atlanta Falcons in Atlanta. Nassib on Monday, June 21, 2021, became the first active NFL player to come out as gay. Nassib announced the news on Instagram, saying he was not doing it for the attention but because “I just think that representation and visibility are so important.” (AP Photo/John Bazemore, File)
Nassib becomes first active NFL player to come out as gay

More than a dozen NFL players have come out as gay after their careers were over

Penticton Indian Band Chief Greg Gabriel speaks to the Sacred Hearts Catholic Church burning down early Monday morning, June 21, 2021. (Monique Tamminga Western News)
Penticton band chief condemns suspicious burning of 2 Catholic churches

Both Catholic church fires are deemed suspicious, says RCMP

COVID-19 daily cases reported to B.C. public health, seven-day moving average to June 17, 2021. (B.C. Centre for Disease Control)
B.C.’s COVID-19 infections drop to 90 on Sunday, 45 Monday

Pandemic spread dwindles as 77% of adults receive vaccine

By protesting uninvited in First Nations’ territories, conservationists are acting in a neocolonial or paternalistic manner, says Huu-ay-aht Chief Robert Dennis. Photo by Heather Thomson
A closer look: do Vancouver Island First Nations support the war in the woods?

First Nations/environmentalist old growth alliance uneasy, if it exists at all

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Most Read