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, but has put aside restaurant plans for now, though one could be added down the line.
Royle is seeking a mix of public financing and private money for the project, including $1.8 million in tax-increment financing, $3 million in a city loan and 16.5 acres of city land for $1. Other financing for the project would come from the Wisconsin Housing and Economic Development Authority ($2.4 million) and $4.8 million from the team, including s $3 million sale of naming rights.
The next step: Royle will return in February with a more fleshed-out financial proposal.
RELATED STORIES: Owner: New Bullfrogs ballpark needs public investment; New Bullfrogs ballpark on hold; Bullfrogs put new-ballpark groundbreaking on hold; Green Bay approves Bullfrogs land plan; Royle: We’ve outgrown Joannes Stadium
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