Ballpark Digest
The Business of Ballparks and Baseball in Major League Baseball, Minor League Baseball, Indy, Summer Collegiate and College
We’ve seen several high-profile ballpark projects launched with the goal of economic development in hand. The consistent criticism: what if the development goes bad? As we can see in Papillion, a properly structured ballpark financial plan will shield taxpayers and isolate risk even if the development fails to take off. (more…)
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, […]