Case Study: City of Baltimore drives Inner Harbor reinvestment with IMPLAN economic impact analysis

City of Baltimore quantifies $IMPLAN impact from 25 million annual Inner Harbor visitors

The City of Baltimore faced the challenge of securing public and financial support for the necessary reinvestment in its aging Inner Harbor tourist attraction. To make a compelling case, the Waterfront Partnership needed to quantify the harbor's economic value. They commissioned an economic impact analysis using IMPLAN's data and input-output modeling software.

IMPLAN's solution enabled consultants to perform an economic impact study that quantified the direct, indirect, and induced effects of the Inner Harbor. The study found the harbor draws nearly 25 million visitors annually and is a pivotal economic driver. These powerful findings, backed by IMPLAN's reputable data, were used to support the "Inner Harbor 2.0" revitalization proposal, which immediately gained substantial media attention and public support for its comprehensive vision.

City of Baltimore