Economic Impact of the Regional Performing Arts Center

As plans for Philadelphia's new $245 million performing arts center move forward, the region's arts organizations and audiences look forward to the cultural impact that such a project will have. Known as RPAC-- the Regional Performing Arts Center-- the project is anticipated to function as a "showplace" for the region's arts community and increase overall performance capacity.

To understand all phases of the economic benefits associated with RPAC, the RPAC organization asked the Pennsylvania Economy League to estimate 1) the one-time economic impact of building the new performing arts facility at Broad and Spruce Streets; and 2) the ongoing total economic activity and the new economic activity supported by the performances expected to take place in a typical year at RPAC's venues.