Illinois State’s Hancock Stadium has a $4.1 million annual impact on the local economy, according to a faculty analysis. In 2009 alone, Hancock was the venue for more than 60 university and community events.
“Hancock Stadium serves as a significant economic engine in the Bloomington-Normal community,” said Associate Professor of Economics Sherrilyn Billger. She completed the study with Frank Beck, director of the Stevenson Center for Community and Economic Development.
The data reinforces the need for renovation work, which gained approval from the Board of Trustees in February. The project is estimated to cost between $20 and $25 million, with completion set for next year.
“As we begin the process to renovate Hancock Stadium, we must remember that this facility is not only important to Illinois State, it is a major community resource,” President Al Bowman said.
“We look forward to creating a facility that will help recruit talented student-athletes, bring more fans to Redbird football games and attract new activities and events to the University and community,” Director of Athletics Gary Friedman said.
Gifts will be crucial to completing the work. Individuals desiring to invest in the project can do so at IllinoisState.edu/giving or by calling (309) 438-3264.