FOR IMMEDIATE RELEASE
Under Armour Baltimore Running Festival Generated
More Than $25 Million for City and State
Also $830,000 raised for local charities at 2009 event
BALTIMORE, Md. - (November 23, 2009) - The ninth Under Armour Baltimore
Running Festival contributed $25,327,120 to the city and state's economy
according to a recent study by RESI, an economic research and consulting
firm located at Towson University (see table below). This year the event
attracted a record 20,364 runners, marking the seventh consecutive year of
15-20% growth from the year prior. Each year the festival attracts more out
of state participants, with 40% of this year's runners coming from out of
state compared to 25% in the first year. In all, 50 states and 44 countries
were represented in the 2009 field. In 2001, the event's economic impact
was $11.2 million.
2009
Visitors = 57,075
Hotels = $5,382,013
Eating = $5,382,013
Retail = $3,799,068
Transportation = $4,432,246
Entertainment = $6,331,780
TOTAL = $25,327,120
"When one considers the economy the last couple of years I think it makes
our annual economic impact figure and steady growth even more impressive,"
stated Lee Corrigan, the event's Executive Director and President of
Corrigan Sports Enterprises. "Without the unwavering support we receive
from city and state agencies, along with our sponsors, the Under Armour
Baltimore Running Festival would not exist. It boggles my mind to think
this event has generated more than $135M for our local and state economies
since we started in 2001, but I know it's a direct reward for all of the
hard work thousands of people put into this magnificent day."
The charitable proceeds generated by the 2009 event topped $830,000.
Special Olympics Maryland, The United Way of Central Maryland, The Leukemia
and Lymphoma Society, Helping Up Mission, Moveable Feast, Parks and People,
Sadie's Gift, Baltimore Office of Promotion and the Arts, Baltimore Fire
Foundation and After School Club, Maryland Center for Arts and Tech,
Maryland Institute of Art and Alzheimer's Association are some of the
area's benefiting charities. More than $5 million has been raised for
charity since the event's inception.
Continued Growth
For the third straight year, all of our races sold-out. Online registration
for the 2010 Under Armour Baltimore Running Festival will open on Saturday,
December 12, and another record-breaking participation is expected. Next
year the Under Armour Baltimore Running Festival will take place on
Saturday, October 16 throughout the streets, neighborhoods and historic
sites of Baltimore.
For more information, contact Dave Gell, Corrigan Sports Enterprises,
or (410) 900-8380 or visit:
www.thebaltimoremarathon.com
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