Toledo Zoo impacts the economy in five county region
Wed, 27 Apr 2011 17:04:55 GMT —
The Toledo Zoo has often been recognized as one of Toledo's main draws for tourists who bring with them money they spend in the greater Toledo area. Today, the agency in charge of marketing the region declared that this has a major economic impact, not only on Toledo, but all of Lucas County and four counties contiguous to it.
According to the Regional Growth Partnership (RGP), the Toledo Zoo contributes more than $38 million of total economic impact in the region annually. That impact extends to Ottawa, Fulton, and Wood counties in Ohio and Monroe County Michigan. The numbers are part of an economic impact study on the Zoo conducted by the RGP.
The Toledo Zoo is a job generator, indirectly supporting nearly 500 full time equivalent jobs in the area. The Zoo's contributions to the regional economy extend to what are called multiplier effects -- especially through its capital spending which generates jobs in the construction industry which in turn creates jobs in other industries.
"It is extremely gratifying to know that the Zoo is having such a positive impact on this region's economy," said Dr. Anne Baker, executive director of the Toledo Zoo. "It's a true testament to the partnership that has existed for generations between the people of this region and their Toledo Zoo."
"First and foremost, the Toledo Zoo provides jobs and discretionary spending dollars for this region, but in addition, it adds significantly to the quality of life assets we promote both nationally and globally," said Dean Monske, president of the Regional Growth Partnership. "It is not uncommon for the RGP to include the Zoo in showcasing our region to visiting site consultants, corporate executives, and potential international investors."