Critique of Investment in Recreational Center

The following is an argument published in a local newspaper:

"The town of Maplewood should invest in the construction of a new recreational center because it will provide more activities for residents, encourage community engagement, and ultimately improve the town's economy. A survey conducted last year showed that 70% of residents expressed interest in a new recreational facility. Additionally, similar towns that have built recreational centers have seen an increase in local business revenues by an average of 15% within two years of the center's opening. Therefore, investing in a recreational center is a smart and necessary decision for Maplewood."

Your task is to evaluate the argument and discuss how well-reasoned it is. You should consider the assumptions the argument makes, the evidence it provides, and any additional information that would strengthen or weaken the argument.