A $2.5 million government subsidy to lure Topgolf to Mobile will be paid back in less than 3 years and has a 40% rate of return in sales and property taxes-- but one county commissioner says it's unnecessary. Here's why.
David Rodgers, vice-president of economic development with the Mobile Chamber, speaks in support of a public subsidy to lure Topgolf to the McGowin Park shopping center during the Mobile County Commission's meeting on Monday, August 22, 2022, at Government Plaza in Mobile, Ala. .A $2.5 million government subsidy to lure Topgolf to Mobile will be paid back in less than 2-1/2 years and has a 40% rate of return in sales and property taxes, according to a Mobile chamber official.
“These companies made decisions based on whether a market can support their endeavor, and I don’t believe it is necessary to use public funds in this manner,” said Ludgood in a statement after the commission’s vote on whether to support an agreement for a $22 million Topgolf entertainment and sports venue within the McGowin Park shopping center at Interstate 65 and Government Street.
Neither Huntsville nor Birmingham paid out a direct subsidy to Topgolf, a company that was purchased by Callaway Golf last year andHuntsville, in 2017, did not provide a direct incentive to Topgolf. But the city did provide infrastructure improvements within the MidCity District development where Topgolf is located, according to city spokeswoman Kelly Schrimsher.
“It’s unique for this area,” said Hudson, who visited a Topgolf venue for the first time this weekend in Baton Rogue to better understand its operations and popularity. Ludgood, in her statement, said noted that her questions about wages were not answered by Waldo during Monday’s meeting.
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