An analysis of the convention center market and implications for the planned expansion of the Boston Convention and Exhibition Center
Name
1045060402-MIT.pdf
Description
Full printable version
Size
10.78 MB
Format
Adobe PDF
Checksum (MD5)
e585c455f2a5a8bf4f969143069fa2ee
Author(s)
Graham, Timothy Royce
Advisor(s)
William Wheaton.
Date Issued
2018
Publisher
Massachusetts Institute of Technology
Abstract
The proposed expansion of the Boston Convention and Exhibition Center was approved by the Massachusetts legislature in 2009. In 2010, the governor put the expansion on hold citing an overstated economic impact. Proponents argue that expanding the convention center will lead to increased occupancy and significant economic benefits. But do the benefits outweigh the costs? The first part of this thesis provides an overview of the convention center market in the US as well as two case studies of convention centers that have undergone expansions. The second part closely examines the history and performance of the Boston Convention and Exhibition Center using data from the Massachusetts Convention Center Authority along with data from various other sources to project realistic economic costs and benefits of the expansion as currently proposed.
Description
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2018.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 49-51).
Subjects
Center for Real Estate. Program in Real Estate Development.
MIT Department
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
Massachusetts Institute of Technology. Center for Real Estate
Terms of Use
MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.
Persistent DSpace Link
