Word: megaplexes
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...Coopers and Lybrand feasibility study cited by the Greater Boston Convention and Visitors Bureau projects that the Megaplex will create $1.1 billion in business annually in Massachusetts...
According to Moscaritolo, the Megaplex would create "a wide range of jobs--marketing, advertising, hotels--because of the ripple effects...
...Megaplex would "bring in subsidiary business [to Cambridge] that has a significant impact on the tax base--meetings fill hotels and bring in taxes," says Cambridge Mayor Kenneth E. Reeves...
William A. Sage, president of the Cambridge Chamber of Commerce, says he believes in an economic "domino theory" that will make a Megaplex in Boston profitable for entrepreneurs in Cambridge...
Cambridge City Councillor Francis H. Duehay '55 says the Megaplex would be "good for the regional economy" but would have "no particular effect on the Cambridge economy...