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SAN FRANCISCO-As GlobeSt.com previously reported Mayor Edwin M. Lee just recently celebrated the successful bid to host Super Bowl 50 in 2016 in the San Francisco Bay Area in partnership with the San Francisco 49ers and the Super Bowl Bid Committee. The 2016 Super Bowl game will be held at the new Levi's Stadium in Santa Clara and will bring hundreds of millions of dollars in economic impact to the entire Bay Area, according to Mayor Lee.
“The new stadium should have a stimulating effect on the local marketplace,” Phil Mahoney, EVP of Cornish & Carey Commercial Newmark Knight Frank, tells GlobeSt.com. “Not only will it create a 'buzz' as did AT&T Park in San Francisco, but the surrounding retail, convention center, hotels and additional development will act as another draw to an already well thought of location for Silicon Valley companies.”
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Santa Clara Chamber of Commerce and Convention-Visitors Bureau president and CEO Steve Van Dorn said in a prepared statement that he expects a “huge surge in hotel occupancy for the entire region for the week the Super Bowl is here. Overall, the economic impact will be in the millions.”
In celebrating the announcement of hosting the Superbowl, San Francisco philanthropist Daniel Lurie, director of the Bay Area's bid committee, said in a prepared statement that the stadium is “going to be state of the art. You're going to be able to have Wi-Fi go to every single device, 75,000 fans will have instantaneous Wi-Fi – it's never been done before. It's going to be a fan experience like no other and that's a testament to the Niners organization for building that.”
See a chart below from Jones Lang LaSalle for more.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
