Mainebiz cites Gabe’s study in report on proposed Waterfront Concerts venue

Mainebiz cited an economic impact study by Todd Gabe, a professor of resource economics and policy at the University of Maine, in an article about Waterfront Concerts seeking a long-term lease extension on city-owned land in order to build a permanent open-air venue in Bangor. Waterfront Concerts’ promoter signed a new 10-year contract with the city last fall to replace one that had expired, according to the article. At the time of its renewal, Waterfront Concerts cited a recent study by Gabe showing a $105.1 million contribution in revenue to Bangor and the surrounding areas from 2010–2016 from the concerts, the article states.