FY 2011 Popular Annual Financial Report FY 2011 Popular Annual Financial Report | Page 13

Economic Development With the expansion, GM will add an estimated 110 positions to its existing 2,324 full-time employee base. The net benefit of the proposed plant expansion during the first 10 years is predicted to be $5.5 million. Moving Forward With New Developments Arlington and Huffines Communities officials broke ground on Viridian, a $2 billion mixed-use development comprising 2,300 acres. Viridian will feature custom homes, shops, restaurants, offices, more than 20 miles of trails, and 1,100 acres of protected wetlands. Residents are expected to begin moving into the development in the fall of 2012. Hosting the World Series & Super Bowl Arlington was lucky to host the World Series and Super Bowl XLV only months apart. The Texas Rangers’ playoff run to the World Series netted the City an estimated $1.3 million in sales tax revenue from the crowds at the Ballpark alone. Local businesses benefited as well. For instance, Bobby V’s saw a 25 to 30 percent increase in its customer base during the baseball series. The Super Bowl brought an estimated 200,000 visitors on game day, and about 70 aircraft landed at Arlington Municipal Airport. Beyond the economic impact, Arlington benefited from Super Bowl outreach programs. Several Arlington homes were renovated, Speer Elementary received a new playground, and 45 new Habitat for Humanity homes were built. tulate, and Consider the Possibilities” 13