Sandel Assc Toronto - Gigabit City Economic Development - January 10 2014 - Issue 2 0
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Sandel & Associates “We Build a Smarter City, We Shape a Better Gigabit World” Economic Development Impact Gigabit Communities
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Transcript of Sandel Assc Toronto - Gigabit City Economic Development - January 10 2014 - Issue 2 0
Sandel & Associates “We Build a Smarter City, We Shape a Better Gigabit World”
Economic Development Impact Gigabit Communities
2001-2008
Regional Internet Economic Development
Co-Founder of Datotel
David Sandel President
Sandel & Associates
Kansas City Google Fiber March 30th, 2011
Reflections from Kansas City
Sandal & Associates - St. Louis MO 63130
“Economic development impact is a choice – not a guarantee”
Sandel Assc
“90% sociology and 10% infrastructure” KC PlayBook
Sandel & Associates - St. Louis MO 63130
Premium Gigabit Brand – Gigabit Main Street
Metro Stations
Gigabit Main Street
Sandel & Associates - St. Louis MO 63130
Economic development impact - reasonable estimate:
• Original estimate $ 3M, actual $1.2M
• 1,000 high tech jobs paid at industry standard
• 972 additional jobs across a number of industries including real estate, employment services, food service & drinking establishments, hospitals/healthcare providers, telecommunications and wholesale trade
• $132,590,000 in wages and benefits
• $172,227,000 in additional economic benefit (i.e. sales, rents, services, etc.)
• Total annual economic output in excess of $265,000,000
Big Cross Benefits
Gigabit Main Street Smart City
Entrepreneurship - magnetic ! Start on a very small scale
High value job creation
Other municipalities can participate
Improved real-estate values Vendors can demonstrate
Improved private and public sector opportunity
Better buying decisions at lower cost
Sandel & Associates - St. Louis MO 63130
Gigabit Economic Development The Process
$$$
Stakeholders
Engagement Process
ED Impact Statement
Business Plan
Discussion
Sandel & Associates - St. Louis MO 63130
Sandel & Associates “We Build a Smarter City, We Shape a Better Gigabit World”
