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Tag Archives | tax increment financing

New GreenJackets ballpark project hit with lawsuit

A ballpark opponent has filed suit against North Augusta’s Project Jackson development, saying tax-increment financing (TIF) has been inappropriately implemented in the funding plan. Project Jackson is a $144-million development in North Augusta that includes retail, hotel, convention center and a new ballpark for the Augusta GreenJackets (Low Class A; Sally League). The ballpark itself […]

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TIF district approved for Morgantown ballpark

The Monongalia County Commission gave final approval to a tax-increment-financing (TIF) district in Morgantown that would help fund a new ballpark for the West Virginia University baseball team and potentially a NY-Penn League team. The county has been discussing a TIF for several months in association with a developer and the university. The TIF would […]

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Obstacles to new ballparks in California: not as bleak as expected

When Gov. Jerry Brown signed a law abolishing California’s redevelopment agencies, many in baseball assumed public financing of ballparks was a thing of the past. Turns out the news may not be so terrible — but the circumstances are still troublesome. Tax-increment financing is a tried-and-true economic-development tool, and it’s occasionally used to build ballparks. […]

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Bullfrogs propose scaled-down ballpark proposal

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, […]

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