Welcome!

News Feed Item

Dallas Arboretum's Economic Impact on the North Texas Region is $171.8 Million in 2012 and $170 Million in 2013

DALLAS, Aug. 22, 2014 /PRNewswire/ -- Recognized as one of the top 10 public display gardens in the country, the Dallas Arboretum and Botanical Garden has announced its economic impact on the North Texas economy. With the success of the Chihuly exhibit in 2012 and the opening of the $62 million Rory Meyers Children's Adventure Garden in 2013, the Dallas Arboretum has seen tremendous growth, which has benefitted the community. According to Richard A. Briesch, Ph.D., of Southern Methodist University's Cox School of Business, the garden generated $171.8 million in economic impact in 2012 and $170 million in economic impact in 2013. Economic impact of the Arboretum refers to the combined effects of the operations of the Dallas Arboretum and visitor spending on the economy.

The new 12 Days of Christmas large-scale display at the Dallas Arboretum will continue to generate economic impact to the garden and to the North Texas community.

"The Dallas Arboretum, a Signature Park of the Dallas Park and Recreation Department, continues to make a positive impact on the area economy; provides acclaimed hands-on science education to thousands of students; research on warm weather tolerant plants to individuals, breeders and retailers throughout the country; and attracts nearly a million visitors annually to its dynamic gardens and internationally recognized exhibits," said Brian Shivers, Dallas Arboretum board chairman.

In 2012, the Arboretum saw attendance increase by 42% over 2011 due to the success and extension of the Chihuly exhibit in which more than 300,000 people visited the garden during its run. In 2013, attendance increased 10.3% from 2011, primarily due to the opening of the Children's Garden.

Spending by Arboretum visitors represented $21.86 million in 2012 and $17.34 million in 2013. This gives evidence of the impact the garden has had on cultural tourism and visitation to the city.

Dallas Convention and Visitors' Bureau President and CEO Phillip Jones added, "As a world renowned oasis in our city, the Dallas Arboretum attracts hundreds of thousands of domestic and international visitors annually to our city. This long-standing economic driver of the Dallas economy continues to astonish visitors and the community with new impressive niche innovations from its internationally-recognized children's garden, impressive seasonal floral exhibits and much-anticipated magical holiday display."

Construction, expansion and enhancement activities in 2012 and 2013 added to the impact. The Children's Garden construction, new surface parking lots and garage and new garden improvements added $86.2 million to the economy in 2012 and $108.9 million in 2013.

The study also showed the impact of school children affected by the Arboretum's teaching programs with its mission of earth and life science education for kindergarten through high school seniors. In 2012, 100,698 students and in 2013, 93,784 students received supplementary science education through field trips, summer and after-school programs. This impact is valued by the SMU study at $1.3 million.

Dallas Arboretum volunteers also had a profound impact donating more than 70,000 hours annually with an overall 2013 economic impact of more than $1.5 million.

Average home prices in the neighborhoods surrounding the Arboretum saw increases. From 2011 to 2012, the amount was 9.2%, and from 2012 to 2013, the amount was 8.7%.

In 2014, the Dallas Arboretum is expected to see economic impact growth of between $65 million and $85 million alone without construction and between a $160 million and $180 million economic impact with the construction taking place. Part of this year's economic impact will be from a new $2 million exhibit, The 12 Days of Christmas.  Unique in the world, the exhibit features 15-foot-tall gazebos created for each day of the popular carol and placed throughout the garden. The exhibit runs from November 16 through January 4 and will be another blockbuster holiday experience.

Photo - http://photos.prnewswire.com/prnh/20140822/138906

 

SOURCE Dallas Arboretum and Botanical Garden

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
While many government agencies have embraced the idea of employing cloud computing as a tool for increasing the efficiency and flexibility of IT, many still struggle with large scale adoption. The challenge is mainly attributed to the federated structure of these agencies as well as the immaturity of brokerage and governance tools and models. Initiatives like FedRAMP are a great first step toward solving many of these challenges but there are a lot of unknowns that are yet to be tackled. In hi...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, drew upon his own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He also discussed the implementation of microservices in data and application integrat...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.