The Apalachee Regional Planning Council used the REMI model to perform a requested economic analysis of the proposed sports development and associated commercial developments to be located in the southwest corner of the Interstate 10 and State Road 59 intersection in Lloyd, Florida. The REMI model predicted a 5-6% additional employment increase in the county because of this project, as well as substantive impacts caused by additional payroll, costs of goods demanded, and other reflected impacts. It was estimated that by 2020 the proposed Lloyd Crossing project would add nearly $7 million in additional salaries, supplies and materials, $9.4 million in total personal income, $11.2 million in total output, and $6.9 million in gross domestic product. These various indicators provided a glimpse of how the addition of employees, and their associated businesses, in the proposed commercial sectors might affect the overall regional economy.
Apalachee Regional Planning Council – Economic Impact Analysis of the Proposed Lloyd Crossing Mixed Use Development [full PDF]