A ballpark opponent has filed suit against North Augusta’s Project Jackson development, saying tax-increment financing (TIF) has been inappropriately implemented in the funding plan. Project Jackson is a $144-million development in North Augusta that includes retail, hotel, convention center and a new ballpark for the Augusta GreenJackets (Low Class A; Sally League). The ballpark itself […]
Tag Archives | tax increment financing
TIF district approved for Morgantown ballpark
The Monongalia County Commission gave final approval to a tax-increment-financing (TIF) district in Morgantown that would help fund a new ballpark for the West Virginia University baseball team and potentially a NY-Penn League team. The county has been discussing a TIF for several months in association with a developer and the university. The TIF would […]
Winchester pitches Suns with new ballpark offer
The battle for the Hagerstown Suns (Low Class A; Sally League) continues, with Winchester (Va.) officials pitching lead owner Bruce Quinn with a revised proposal for a new ballpark. The pitch follows weeks of inactivity from Winchester, which once was the leader to land the Suns but came up short after a proposed ballpark site […]
Monongalia County approves WVU ballpark
Monongalia County approved a tax-increment financing (TIF) district for Morgantown, paving the way for a new West Virginia University ballpark that could also house a short-season team. The district applies to University Town Center, a development from Mon-View LLC. A new $20-million ballpark for the Mountaineers would be in the mix, with most of the […]
New Ballpark Village plan on tap for Cards
The St. Louis Cardinals are making another run at a Ballpark Village development next to Busch Stadium, calling for a a 100,000-square-foot retail and entertainment complex. It’s a yearly occurrence, it seems: a Ballpark Village was in the original plans for Busch Stadium, but the Cards and Cordish Co. could never quite pull the trigger on […]
Obstacles to new ballparks in California: not as bleak as expected
When Gov. Jerry Brown signed a law abolishing California’s redevelopment agencies, many in baseball assumed public financing of ballparks was a thing of the past. Turns out the news may not be so terrible — but the circumstances are still troublesome. Tax-increment financing is a tried-and-true economic-development tool, and it’s occasionally used to build ballparks. […]
Missoula buying Osprey ballpark for $2 million
Play Ball Missoula is running out of money, so the Missoula City Council is buying Ogren Park at a pretty deep discount — $2 million — and turning over management of the downtown ballpark to the Missoula Osprey (rookie; Pioneer League). Play Ball spent years getting the ballpark built, fighting financial issues to raise construction […]
Green Bay examining new ballpark financing tools
With total private financing of a new Green Bay Bullfrogs (summer collegiate; Northwoods League) facility seemingly stalled, three Green Bay aldermen are joining ranks to explore public-financing options for a new ballpark. The Bullfrogs have already put together a pretty cool ballpark plan, calling for a new facility to built on the shores of the […]
Mayor Rahm: No to city aid for Wrigley Field
Acknowledging that Wrigley Field needs a lot of TLC, incoming Chicago Mayor Rahm Emanuel says the city can’t afford to give up proceeds from an amusement tax to fund improvements to the home of the Chicago Cubs. The Cubs had floated a plan where revenue from the amusement tax would be diverted to pay off […]
Judge dismisses suit challenging ONEOK Field funding
Well, that didn’t take long: Tulsa County Associate Judge Dana Kuehn ended a lawsuit challenging assessments against downtown businesses used to pay for ONEOK Field, the home of the Tulsa Drillers (Class AA; Texas League). True, it was a pretty low threshold to victory: all the city (the defendent in the case, not the Drillers) […]
Lawsuit over new Tulsa ballpark proceeds
A lawsuit over the funding plan for ONEOK Field, the home of the Tulsa Drillers (Class AA; Texas League), is proceeding, as an opponent of the downtown-business tax is accusing the city of acting in bad faith in putting together the ballpark’s financing deal. The funding plan for the ballpark includes a special assessment fee […]
Bullfrogs propose scaled-down ballpark proposal
Green Bay Bullfrogs (summer collegiate; Northwoods League) owner Jeff Royle presented a scaled-back $12-million ballpark proposal to the city’s Redevelopment Authority with less seating and no restaurant. The original proposal called for a 4,500-seat ballpark on the Fox River in downtown Green Bay, complete with year-round restaurant. Royle is still looking at the downtown site, […]
Funding plan emerges for Werner Park
Though Werner Park, the new home of the Omaha Storm Chasers (Class AAA; Pacific Coast League), is slated to open next April, Sarpy County is still finalizing a long-term financing plan for the ballpark — and it looks like a plan is in place. The plan involves tax-increment financing (or the Nebraska version of it, […]