The owners of Ballparks of the Ozarks, LLC have filed a Community Improvement District (CID) petition and intend to explore options related to a Transportation Development District (TDD) to help with the cost of financing the large sports complex. Read more here.
Category Archives: Money & Financials
Despite warnings from city officials that the Texas Rangers could leave town unless the team’s owners get help to build a new ballpark, the latest poll shows Arlington voters are evenly split on spending taxpayer dollars to subsidize construction of a $1 billion, retractable-roof stadium. Read more here.
The North Augusta (SC) City Council took action Monday to renew the Municipal Improvement District for Project Jackson — a $183 million planned development beside the Hammond’s Ferry neighborhood with a baseball park overlooking the Savannah River; a hotel; a conference center; and retail, living and office space. Read more here.
The owner of the Lancaster Barnstormers (Independent Professional, Atlantic League), enduring heavy losses, is asking Lancaster County to help pay its rent at Clipper Magazine Stadium. But the county would get repaid in full by 2034, according to a proposal by Lancaster Baseball LLC. Read more here.
Backers of a minor league baseball team that wants to make the Waco (TX) area home say they’ve lined up most of the financing they’ll need to build a stadium and launch the team. Read more here.
Gastonia (NC) leaders have spent more than two years crafting a plan for a new entertainment and sports district just west of downtown, which could be anchored by a multi-purpose baseball stadium. Now they are finally on the mound and firing their first formal pitch to residents. Read more here.
City leaders may have a better understanding of San Antonio’s ability to support a new downtown ballpark and a Triple-A baseball team, thanks to the release on Monday of two market studies from different consulting firms. But what San Antonio Mayor Ivy Taylor wants to see before endorsing a plan for a new stadium is financial support from the private sector. Read more here.