Economic development has shifted from location-oriented business models towards a more all-encompassing model that recognizes the advancement of human capital or intellectual property as continuously increasing in value. This microcosmic characteristic of development extends to aid in the growth of society as a whole. The Arts and Culture attract a demographic of inspired and motivated people to the area. It results in the development of the society surrounding art venues. The general population will always seek out entertainment, by installing a venue of artistic expression in South Providence that will motivate the community and propel development. This phenomena has been proven, as denoted through the historical evaluation of artistic venues across America that have generated economic growth in their respective communities.
Cooper, Joel; Schwartzkopff, Alexi; Moradsky, Victoria; Keeley, Billy; Aldaham, Mohannad; and Robinson, Arnold, "Trinity Restoration Inc.: Southside Cultural Center Economic Impact Study" (2013). Business. 7.