With the collapse of a public-private partnership backing a new Wilmington (N.C.) ballpark, voters will be asked directly this fall whether to back bonds on the project. Developer Flywheel/Trask has withdrawn from the project, which calls for Mandalay Baseball Properties to run a new ballpark for a relocating Atlanta Braves farm team, the Lynchburg Hillcats (High […]
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Wilmington ballpark financing plan unveiled
A private developer would borrow money to build a new ballpark for a High Class A Carolina League team, with Wilmington (N.C.) and Mandalay Baseball Properties paying down the debt over time. The ballpark, which would be home to an Atlanta Braves farm team in the form of the relocating Lynchburg Hillcats, is projected to […]