Category Archives: Money & Financials

Refinancing Cowboys Stadium Debt Will Help Fund New Rangers Ballpark

The city of Arlington has formalized a plan to refinance its AT&T Stadium debt to help pay for the city’s half of the new $1 billion retractable-roof stadium for the Texas Rangers.  Read more here.

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Filed under Design & Construction, Money & Financials, Stadium Issues

Ballparks of the Ozarks to Seek Special Tax District to Help Fund Infrastructure

Attorneys representing the Ballparks of the Ozarks have informed the Camden County Commission of its intent to file a Transportation Development District (TDD) to help fund a portion of the cost of infrastructure improvements planned for the 293-acre site.  Read more here.

 

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Ballpark Design Changes Brings Fayetteville’s Project Back on Budget

A set of proposed design changes to Fayetteville’s baseball stadium has brought the $33 million project back on budget, officials said Thursday.  The city’s Baseball Committee reviewed the changes with members of the architect, Populous, and the construction manager, Barton Malow Co. of Charlotte.  Read more here.

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Hartford Racks Up Legal Bills, On-Hold ‘DoNo’ Development Driving Up Costs

Since 2016, the city of Hartford (CT) has paid attorneys more than $370,000 to handle lawsuits associated with the construction of Dunkin Donuts Park, home of the Hartford Yard Goats (Double-A, Eastern League).  Meanwhile the “DoNo” development that was expected to help pay down the bond interest remains on hold until the legal issues are resolved.  Read more and watch news report here.

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

Supervisor Wants P-Nats Ballpark Plan on November Ballot

Should Prince William County (VA) voters decide whether to build a new, $35 million county-backed stadium for the Potomac Nationals (Single-A, Carolina League)?  Supervisor Pete Candland says yes and has called for the full board of supervisors to vote June 20 on whether to put the new stadium on a ballot in November.  Read more here.

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Filed under Design & Construction, Market & Location, Money & Financials, Stadium Issues

PawSox, City Unveil Ballpark Financing Plans

Pawtucket Red Sox (Triple-A, International League) Chairman Larry Lucchino and Pawtucket Mayor Donald Grebien say they’ve built the framework of an agreement for financing an $83-million baseball stadium at the Apex department store site.  Read more and watch news report here.  Read more about Lucchino’s latest legacy plans here.

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Governor Caps Potential State Funding for New PawSox Ballpark

State, city and Pawtucket Red Sox (Triple-A, International League) negotiators will not say how much each might commit to building a new stadium in Pawtucket (RI), but the governor clearly has a ceiling on the state’s contribution: $35 million.  Read more here

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Filed under Design & Construction, Money & Financials, Stadium Issues