I also think the Chester County Economic Development Council got their economic forecast for Chester County right.
A mixed economic forecast for Chester County
Here in Chester County we had a tiny Ponzi bank mortgage derivates fraud bubble and when it did burst it didn’t make much of a mess. We have some new industry here that makes things you can touch such as Sikorsky and several Pennsylvania based manufacturing companies that will compete in the zero fossil fuel economy of the near future.
And, the National Velodrome is almost recession proof. It’s not entirely dependent on the local economy and it will attract customers internationally. A commercial system could develop around the National Velodrome and attract other commercial and office development. And financing does not seem to be a problem for the National Velodrome.
I once lived near the Valley Preferred Cycling Center in Trexlertown and I know the National Velodrome would provide a fitness and athletic facility that attracts more local children and adults than anything ever seen in Chester County.
I know that kids here think about basketball a lot, but I think the prospects of being an NBA player are slimmer than winning the Power Ball lottery.
We also have a lot of interest in track and field sports in Coatesville. Velodrome racing is sort of track and field racing on wheels at about 40 mph.
With the National Velodrome here a lot of kids will focus on cycling. After all, the Velodrome in Lehigh County produced 18 Olympians. The proposed National Velodrome is a much bigger and year-round facility. I’m looking forward to an Olympic Gold Medalist in cycling from Coatesville High School.
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