SkySong, The ASU Scottsdale Innovation Center “is a job creator with outsized ripple effects” on economic development in the region, with an estimated impact of $58.2 billion over the next 30 years and with even more value as a brand representing innovation and entrepreneurship, a new study says.
The estimate is part of a comprehensive new market analysis and economic and fiscal impact study conducted by Elliott D. Pollack and Co. to gage the project’s effect on regional economic growth, according to a press release.
The study found the SkySong public-private-university partnership was a catalyst in making SkySong a major part of Arizona’s economic development picture.