Minneapolis businesses are squaring up and hoping to hit an economic home run this weekend during MLB All-Star Game festivities.
The city is expecting about 160,000 visitors to flood the streets for the event, based on recent trends in previous All-Star host cities such as New York, Kansas City and St. Louis, according to a city-produced fact sheet.
And in the pockets and purses of those visitors? Wallets, credit cards and cash.
WCCO reports the service industry is expecting a big boost.
Melvin Tennant with Meet Minneapolis told the station about 30,000 people make their living in the city working in the travel and hospitality business, and the influx of people "helps them keep food on the table, to be able to support their families. ... So it's very important to us."
Many of the bars and restaurants within walking distance of Target Field are encouraging people to watch the Home Run Derby or All-Star Game live at their establishment. Some are even holding All-Star specific events.
Fulton Brewery will have a food truck and live music every day from Friday through Tuesday. It's also debuting a new beer, the Designated Bitter, in honor of the event.
Shout! House will have expanded hours compared to regular weeks, including a 4 a.m. closing time Tuesday. And Kieran's Irish Pub is getting an ESPN boost – the Mike & Mike show, hosted by Mike Golic and Mike Greenberg, will broadcast live from the pub on Monday and Tuesday, from 5-9 a.m.
Show me the money
The City of Minneapolis is expecting an economic impact of about $75 million, based on previous years.
Last summer's Midsummer Classic in New York brought in an estimated $191.5 million, much higher than any previous year, Crain's reported. Prior to that, Kansas City's 2012 MLB All-Star weekend generated about $60 million, the Kansas City Star reported.
Phoenix ($67 million), Anaheim ($85 million) and St. Louis ($60 million) make up the three prior to that. Baseball Almanac collected a list of economic impact totals from all All-Star Games since 1996.
In Kansas City, about $1 million more in sales tax revenue was generated the summer of the All-Star Game compared to the year prior – which the Star says is about what it cost the city to prep and pay for the event. A University of Kansas study said most of the benefits were intangible, increasing the "sense of well-being," the paper reported.
Up to this point, Minneapolis has been tight-lipped about its costs.
One change compared to normal: a bigger police presence downtown. Minneapolis Police will add more foot, bicycle and mounted patrols in and around Target Field. The number of Metro Transit police will be increased as well.
All-Star festivities begin at 9 a.m. Friday with the FanFest, being held at the Convention Center. You can click here to see a full list of weekend activities.