The Worcester City Council has approved a revised financing plan to address about $30 million in increased costs for a new baseball stadium being built in the city for the coming Worcester Red Sox (Triple-A, International League). Read more here.
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Worcester (MA) expects to borrow an additional $32 million to cover construction and acquisition costs related to the new Polar Park under construction for the Worcester Red Sox (Triple-A, International League). In a memo, City Manager Edward Augustus Jr. stated that no existing city tax revenue will be used to fund the new ballpark. The team and City plan to make up for these costs in part by increasing ticket fees and parking prices at the stadium. Read more here and here.
Construction costs for Polar Park have increased by $9.5 million over initial estimates, while costs to acquire the properties needed for the ballpark, relocate businesses and prepare the site for development have run roughly $20 million more than what was anticipated. Read more here.
A store with snacks, drinks, and souvenirs at Polar Park in Worcester (MA) will enable customers to shop without scanning or stopping to check out, according to Standard Cognition co-founder and COO Michael Suswal. Read more here.
Ballpark designer Janet Marie Smith loves the scale of minor league stadiums. It means she can focus on every last detail. With Worcester’s new Polar Park at the drawing board, Smith and the Pawtucket/Worcester Red Sox (Triple-A, International League) team are imagining how they can infuse Worcester flare into each corner of the venue. Read more here.