Georgetown Grand planners plot alternating routes, set new dates
Despite complaints from downtown businesses and residents, the city is considering compromises to keep the Georgetown Grand bicycle race for its second year.
The event brought $264,874 into the city during race weekend May 19–20, including $157,299 to local food services, $86,196 in lodging and $21,379 in general spending by race attendees, according to a study done by the Lower Colorado River Authority's Community and Economic Department.
"I think that's a pretty significant number. That's money that would not have otherwise been spent without the event," city spokesman Keith Hutchinson said. "And it's important to point out that that doesn't include spectators that were down here. That was just based on the 800 racers who came, so we think it's a fairly conservative number."
LCRA utilized IMPLAN, a model developed by the University of Minnesota that examines increased spending during festivals and events. The results were based off 243 surveys collected from out-of-town race participants.













