Lets compare it to the dismal Stadium impacts
Titan has no construction jobs
Stadium? 30 jobs at $31K = $930,000 annual salary impact. But Mandalay insisted on using the 20 year lease term so 20 X $930,000 = $18,600,000 over 20 years.
Titan 163 jobs X $63,000 = $8,694,000 per annum or $173,880,000 over 20 years.
I'm not so sure about the peripheral impacts but I'm sure they would be significant.
Think about this. Assume 80 of those folks buy homes with average tax bills of $3500 per year.
80 X $3500= $280,000 per year in property taxes paid or over 20 years $5,600,000.(MORE than the stadium)
But it appears as though the thought of a dirty industry is repugnant to many who want to believe that Wilmington is a retiree community and wants only professional services jobs.
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