CSU study shows net benefits of Anschutz Wellness to Town of Estes Park

Full story: Estes Park Trail-Gazette

The Regional Economics Institute at CSU released an economic report Tuesday afternoon that estimates the net fiscal impacts to the Town of Estes Park of the proposed Estes Park Medical Center/Anschutz Wellness Center complex.
Comments
1 - 5 of 5 Comments Last updated Feb 16, 2014
JKR

Denver, CO

#1 Feb 12, 2014
Best be building some places for these people to live when they come here to work. Hope that it works out as forecast!
tax payer

Estes Park, CO

#2 Feb 12, 2014
Why is it legal to pay John Nicholas $60,000 a year from money given to the private EP Economic Corp. from town funds?? He is paid by the tax payers of Estes Park, and is/ has been a paid advocate for John Cullen. So, the Town thinks its legal to use our tax money to pay a guy who is getting paid by private developers as well?

We need a real lawyer to clean up the Town finances.
Also the Could factor

Windsor, CO

#3 Feb 13, 2014
1

The wellness center COULD potentially raise the alleged 4.7 million, Could, Maybe, Might!
If it actually achieves those numbers, which, seriously folks, is not likely to happen. After the towns "costs", that would leave $792,000.00 on the table a year.
The reality is the true numbers are likely to be half that, because the CSU study is looking at it as a year round, consistent use. Which we all know won't be used by large numbers year round.
The actual amount to be generated from a conservative, reality base estimate based on the number of year round residents is more likely to amount to more like $300,000.00 a year.
If the big name supporters are so sure of this number and project, then put you money where your mouth is, why don't you pledge, that if this project goes forward, then you will make up the difference between what is actually earned, and the projected numbers, out of your own pocket, private funds.
If you're so sure, then bet your own money on it, but I'm betting you won't, because you know you stand to lose your south end!
Come on, step up to the challenge, remember, It's the end all save all can't fail for Estes Park, Let's see you endorse it all the way.
Estes Park

Estes Park, CO

#4 Feb 15, 2014
I would like to see more transparency from the hospital. The EPMC foundation is not registered with GuideStar. The hospital does not provide audited financial statements to the public.
Where is the report

Estes Park, CO

#5 Feb 16, 2014
It would be nice to be able to read the actual report CSU did. Were they just using the numbers given by the hospital? If this is going to be so profitable, why isn't Anshutz just paying for the project? Why aren't investors interested? Something that is going to be so profitable, shouldn't have to start with a $5 million fundraising project.

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