Category Archives: Money & Financials

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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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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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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Pawtucket Ballpark Study Yields Better-Than-Expected Results

The city and state could see a combined $130 million in fiscal benefits over 30 years if a new stadium for the Pawtucket Red Sox (Triple-A, International League) is built at the Apex Department Store site on Main Street and development happens around it.  A spokesman for Mayor Donald Grebien said the study yielded surprising results.  Read more here.

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So, No State Funds for Rays New Ballpark?

Well into its search for a new ballpark, the Tampa Bay Rays are finding that the era of easy public money is over.  Not only is the Legislature opposed to using state money for stadiums and arenas, but lawmakers are increasingly hostile to using any type of public support — even if local taxpayers agree to it.  Read more here.

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