April 27, 2024 11:30 am
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What VAI Resort’s economic impact is worth to Glendale

By Audrey Jensen | Phoenix Business Journal

The planned VAI Resort in Glendale is expected to have a $32 million annual economic impact, or about $800 million over 25 years to the city of Glendale, according to an economic impact report released Tuesday.

When the resort project was unveiled in 2020 as the Crystal Lagoons Island Resort — under different ownership — a similar study at that time indicated it would bring in $9.6 million in annual revenue for the city with an estimated $700 million total revenue impact for all taxing jurisdictions over 25 years.

Read the full subscription story from the Phoenix Business Journal.

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