History
As was the case with Harborplace, which opened in 1980; the Maryland Science Center, which opened in 1976; and the National Aquarium in Baltimore, which opened in 1981, the Convention Center was intended to be a catalyst for tourism, an important part of the City's post-manufacturing economic development plans. An Abell Foundation report in June 2005 describes the Convention Center as having been "built as an economic development tool to attract to Baltimore conventions, trade shows, and meetings that would leave in the city millions of dollars spent on lodging, food, entertainment, and other services." (Controversy, 2005, p. 3) A report on economic development in the area, entitled Subsidizing the Low Road: Economic Development in Baltimore, states that "public and non-profit facilities such as the Maryland Science Center, the World Trade Center, the Convention Center, and the National Aquarium" (Subsidizing, 2002, p. 11) were part of then-mayor Schaefer's "focus on real estate, retailing and tourism sectors" (p. 10), as areas for growth, as well as his utilization of "'public/private partnerships' to pursue economic development" (p. 11).
During the next two decades, due in part to the success of the Convention Center and the other attractions, Oriole Park at Camden Yards, Sports Legends Museum at Camden Yards, M&T Bank Stadium, Power Plant Live!, and the Reginald F. Lewis Museum of Maryland African-American History, have joined the area, creating a ten-block plus entertainment and cultural destination at Baltimore's Inner Harbor, further increasing tourist dollars flowing into the region.
A June 2005 Greater Baltimore Committee report on tourism in Baltimore illustrates the importance of tourism in the current Baltimore region's economy:
Hospitality and tourism and the convention industry are vital components of the region’s economy. According to the Baltimore Area Convention and Visitors Association (BACVA), spending from domestic travelers in 2002 was $8.476 billion statewide; $2.8 billion in Baltimore alone. This spending supported $719 million in state and local taxes while providing over 44,000 regional jobs.(Voices, 2005)
One convention that has been reported by the Baltimore Business Journal to have had a major economic impact in 2002-2005 for Baltimore is Otakon, a convention that focuses on Anime and other facets of East Asian culture. The convention has resided in the Baltimore Convention Center since 1999.
The Convention Center is also viewed as important to the recent development on Baltimore's West Side. According to Ronald M. Kreitner, executive director of West Side Renaissance Inc., the "Convention Center will help contribute to the success of the theatres and the retail," referring to the development of the France-Merrick Performing Arts Center/Hippodrome Theatre, as well as new retail ventures in the area. (Renaissance, 2003)
Read more about this topic: Baltimore Convention Center
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