2012 Oakland Running Festival Economic Impact: $3.5 Million

Zennie Abraham / Zennie62
Zennie Abraham / Zennie62

Oakland Marathon - Oakland Running Festival

Oakland Marathon

According to a press release from Coorigan Sports, the producers of The Oakland Running Festival that was held March 26th, and which includes the Oakland Marathon and 5K, ran up (How’s that nod to Old Media?) a $3.5 million economic impact for Oakland. Here’s the release:

Baltimore, MD (April 5th, 2012)–The third annual Oakland Running Festival (ORF) contributed an estimated $3.5 million to the city’s and state’s economy according to a recent study by the Regional Economic Studies Institute (RESI), an economic research and consulting firm located at Towson University in Towson, Md. Despite gloomy forecasted weather conditions forrace day this year’s event attracted a record 8,211 runners, marking the second consecutive year of at least 10% growth.

ORF also generated more than $300,000 for local charities including the EllaBaker Center for Human Rights, Running for a Better Oakland, Oakland Rising, the Child Abuse Listening, Interviewing and Coordination Center, the Asian Pacific Environmental Network, and Team in Training. Close to $800,000 has been raised for charities since the event’s inaugural year.

Stay tuned.

About the Author

Zennie Abraham
Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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