Botanical Garden Would Bring Tourists To Louisville

15 June 2005 - 12:00pm

The Louisville Botanica gardening group is betting that if they build a botanical garden, tourists will come.

"If Louisville would build a $20 million botanical garden on a closed landfill across from Waterfront Park, it could attract 100,000 people a year and inject $2.7 million into the economy, according to consultants hired to evaluate the idea."

Source: The Courier-Journal, June 13, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.