Passport Springs & Spa Releases Economic Impact Insights for Forsyth County
Wednesday, June 8th, 2022
The largest hot springs and spa venue in North America, Passport Springs & Spa, has released its economic output projections for South Forsyth County. Planning, engineering and environmental consulting firm GAI Consultants conducted the research for the study. Slated to break ground in fall 2022, Passport Springs is expected to create over 466 jobs and exceed $551.7 million in economic impact over a 10-year period.
“We are committed to being valuable members of the community and supporting local businesses and organizations as we build this unprecedented, immersive experience,” said Jacob Bloch, CEO of Passport Experiences. “The long-term success of Passport Springs & Spa is intrinsically linked to Forsyth County’s prosperity and position as one of the fastest growing and most affluent counties in Georgia. The venue will not only service the local community, but also drive revenue and tourism for the entire region for years to come.”
During operation, Passport Springs is estimated to produce $47.7 million per year in economic impact, and a one-time economic impact of $51.3 million from construction. Set on 10 acres adjacent to The Collection, the Passport Experiences team has already begun developing relationships with local businesses and hotels including the Home2Suites Hilton and Fairfield Inn & Suites. Passport is expected to generate $11.1 million in annual economic impact for lodging.
“We will bring guests from all over the world to Passport Springs,” adds Bloch. “Our visitors will need somewhere to stay and will likely explore the surrounding area to shop and dine at local retailers and restaurants. We not only expect Passport to succeed, but to also turbocharge our neighbors.”
