Formal Deal Signed in Sugar Land for New Ballpark

The Sugar Land City Council on Tuesday gave final approval to formal agreements with Opening Day Partners to build and operate a new baseball stadium on a site northeast of State Highway 6 and U.S. Highway 90A.  The lease agreement contemplates that the ballpark will be open for business by April 1, 2012.  OPD will will lease the ballpark for an indy pro Atlantic League team for 80,000 per year for 25 years.  Read more details here.

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Filed under Design & Construction, Lease & Contracts, Legal, Money & Financials, Stadium Issues

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