by Donna Martinez
Former Senior Writer and Editor, John Locke Foundation
High Point is one of the many cities across this country that believe in the value of a sports facility to spur economic growth. As our Julie Tisdale details in this piece, there’s a fascinating new development in the story of High Point’s desire to build a ballpark.
Nido Qubein, president of High Point University, has promised that a group of friends and local business people will spend tens of millions to build attractions surrounding the ballpark. To be more precise, according to Triad Business Journal, he’s saying they’ll commit $38 million to build a park, playground, children’s museum, and educational events center.
In addition, he’s talked to developers who are ready to build a hotel and 200-300 apartments in the area. It’s all adding up to major development with significant capital investment flowing into downtown High Point.
In light of this, Julie asks a very important question. Read on.