Economic Impact

The economic impact figures for the project are based upon the Daphne Innovation & Science Complex: Economic Impact of Development report developed in March, 2015 by Dr. Semoon Chang, director of the Gulf Coast Center for Impact Studies®.

Project Impact

461,000 sf of Class A office space

1,521 permanent jobs

$96,720,390 in annual wages

$207,450 new Daphne property tax

$414,900 new Baldwin County property tax

Short-Term Impact

(during construction)

$2.971 million in tax revenue

$46.8 million construction wages

$40.8 million overall spending

$207,450 new Daphne property tax

$16.3 million spending in daphne

1,263 jobs

Overall Economic Impact


taxes generated for Daphne from annual spending (sales & property)

$9.7 M

taxes generated from annual  spending

$53.4 M

annual retail sales from operations in Daphne

$133.7 M

annual retail sales from operations

$138 M

anticipated annual spending from businesses  in the complex