Spearfish Convention Center expansion: financial risk? - KOTA Territory News

Spearfish Convention Center expansion: financial risk?

Posted:

The Spearfish Convention Center could be expanded but right now a board is looking at the potential financial risks it might pose for the city and businesses that would be required to foot the $5.3 million.    

Businesses that would help pay for the building are the ones near the convention center and would be benefiting from it. Scott Stampe, who owns a motel in Spearfish, says the expansion is needed to accommodate more people. But he also admits they're might be some problems.    

"There are some economic threats to it. For instance one of them is gaming in deadwood and the expansion of the number of convention centers in deadwood. they're pulling away from the groups available to come to our convention center here in spearfish," said Stampe. 

The Convention Center is 10 years old and talks of an expansion have been going on for a year.

Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.