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The benefits are clear. And they are not limited to impacts within the scope of the project itself. By driving Spokane’s status as a Tier 1 city in Internet connectivity, combined with the new vibrancy in the University District and the spinout of successful startups into the broader community, the fully-implemented Phoenix Project will lay the groundwork to:
- Increase office occupancy rates downtown and near the eMAN fiber-optic loop around the city.
- Fill up other retail, industrial, and commercial space as startups expand.
- Create jobs for students at area universities.
- Create opportunities for faculty and staff to become involved or even found their own startups.
- Increase sales at other local enterprises, including manufacturing, entertainment, lodging, and support services.
- Improve returns for owners of office and commercial space.
- Lower data storage and distribution costs.
- Increase regional Internet accessibility.
- Increase the attractiveness of the region for large-scale, data-intensive industries of the future.
- Increase jobs at all pay scales.
- Increase the average wage.
- Decrease poverty as more jobs become available.
- Decrease homelessness as more people earn livable wages and can afford housing.
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