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 […]
Did Cards’ sale violate its profit-sharing agreement with the city?
When city taxpayers gave the St. Louis Cardinals tax breaks for building the new Busch Stadium, a provision gave St. Louis a share of any profits arising from any sale of the team. Since then about 13 percent of minority shares have been sold, but the city has seen no revenue from the transactions — […]
U2 to play four ballparks in 2011
Four Major League Baseball ballparks — Oakland-Alameda County Coliseum, Angel Stadium, Rogers Centre and Busch Stadium — will host rock band U2 on its 2011 360° Tour. The band originally was scheduled to tour the United States in the summer of 2010, but physical issues related to Bono caused the delay of the tour. The […]
Busch Stadium / St. Louis Cardinals
We really wanted to like Busch Stadium. It is, without a doubt, an improvement over the previous Busch Stadium. But despite a solid location and some nice amenities, too much value engineering and too little charm make it a nice, but not great, ballpark. FACT FACTS Year Opened: 2006 Capacity: 46,861 (includes suites and standing […]