It’s not quite as large as originally proposed, but the fact that the St. Louis Cardinals are actually moving ahead with a Ballpark Village development adjoining Busch Stadium when financial times are bad and the credit markets tight says a lot about the ownership’s perseverance. Here’s the current plan. The plan, as presented by reps […]
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Development and ballparks: today’s good and bad news
A development expected to help pay off debt on Camelback Ranch-Glendale is going into foreclosure as the developers enters bankruptcy, while the St. Louis Cardinals are finally ready to go ahead with the long-awaited Ballpark Village. Two tales of the sometimes awkward marriage between ballpark financing and development. First, the good news. The St. Louis […]