An advisor to major league cities involved in multi-million dollar projects, Mark Rosentraub has extensively research how communities can use sports and cultural centers to spur economic and social development. In this book, he examines approaches that municipalities take and how they relate to the success or failure of their projects. He discusses the economics of sports and cultural centers and provides case studies examining economic redevelopment in several cities. A third section discusses errors made in the development and execution of various plans. The book closes by showing how municipalities can successfully turn municipal subsidies into income producing investments.