GateWay Community College released the findings of the Greater Phoenix Economic Council’s regional impact analysis of Phoenix Forge, its community makerspace, over the next ten years.
Open to the public, Phoenix Forge is projected to create an estimated $36 million in economic output and generate an estimated $1.4 million in tax revenue, a press release explained.
Furthermore, the study states that the makerspace will create an estimated $16.5 million of personal income.
“We are thrilled about the potential regional economic value that Phoenix Forge will have on our local economy,” said GateWay Community College President Dr. Amy Diaz in the release. “We believe this makerspace has huge potential to become a driving force behind innovation and entrepreneurship within our community.”
Phoenix Forge provides a…
