Category Archives: Money & Financials

Governor’s Veto Could Impact Beloit’s Effort for Ballpark State Aid

A fund that could have allowed for tax dollars to be spent on building projects across the state, including a new downtown stadium for the Beloit Snappers (Single-A, Midwest League), has been partially vetoed by Governor Tony EversRead more here.

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

Despite Higher Cost, No Changes to Plans for New Lafayette Ballpark

Lafayette’s (IN) mayor doesn’t plan major changes to plans for a new city baseball stadium even though construction bids totaled nearly $4 million more than expected.  The new 2,500-seat stadium would be built at the same site as the current Loeb Stadium in Columbian Park southeast of downtown Lafayette.  Read more here.

 

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New A’s Ballpark Could Bring $7.3 Billion in Economic Benefit

The Oakland Athletics’ plan to build a privately-financed ballpark at Howard Terminal near Jack London Square could generate $7.3 billion in economic benefits over 10 years for Oakland and Alameda County, according to a study by the Bay Area Council Economic Institute.  Read more here.

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

City to Pay Off Joe Becker Stadium Debt

Joplin’s (MO) debt for the 2015 rebuild of Joe Becker Stadium will be paid off later this year.  The City Council has agreed to a proposal by the finance director to use money in the general fund’s unrestricted fund balance to pay off the remaining debt.  The city owes $1.62 million of the $2 million it financed in an effort to enlarge the stadium for use by a professional baseball team.  Read more here.

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Potential $1 Billion Price Tag for Proposed Angels Ballpark in Long Beach

A waterfront ballpark to attract the Los Angeles Angels to Long Beach CA) could cost more than $1.1 billion, and the city has received a study that explores options for paying some or all of that cost, according to city documents released Monday night.  Read more here.

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Vote May Not Be Necessary for New Boise Ballpark, Broncos Unveil Inaugural Unis

Boise officials might change the way the city would pay for the proposed new main library and sports stadium to avoid putting the projects on the ballot this November.  Boiseans could vote on them anyway.  Read more here.  Meanwhile, the Boise State Broncos baseball team, potential future co-tenants of the new stadium, have unveiled the uniforms they will wear when they return to action in 2020, after a four-decade hiatus.  Read more and watch video here.

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

Mayor Proposes Plan to Save Historic Hinchliffe Stadium

Paterson (NJ) Mayor Andre Sayegh is proposing an $18.7 million reconstruction of Hinchliffe Stadium, the national landmark that has been vacant so long trees are growing out of its crumbling, concrete grandstands.  Read more here.  Read opinion piece here.  Read another opinion piece and view photo gallery here.

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