BW Research conducted an economic impact analysis to understand the impacts of replacing the existing Roderick L. Ireland Courthouse with a new Springfield Regional Justice Center in the City of Springfield, Massachusetts. According to the modeling conducted for this analysis, the new Justice Center would generate significant economic benefits for the City, the surrounding region, and the Commonwealth of Massachusetts. Building construction will:
- Support a total of 3,000 job-years—300 jobs in the first year, 1,100 in the second year, 900 in the third year, and 600 in the last six months of the project.
- Add $419 million to Massachusetts’ gross state product.
- Create $322 million in new labor income for workers.
- Generate over $94 million in new tax revenue for federal, state, and local governments.
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