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COST ESTIMATES FOR NEW BREWERS STADIUM IS CLOSE TO $200M
Published December 2, 1994
The Brewers "will have to spell out how much of the estimated" $265M -- the cost of the team's new stadium project -- "they will cover before a decision can be made on raising public funds to make up the difference" according to Daniel Hanley of the MILWAUKEE JOURNAL. The Brewers are "at least two weeks away from revealing" that figure which could delay the work of the Governor's Milwaukee Stadium Commission. That group faces a February 1 deadline to recommend a way to raise public funds. Yesterday, project consultants gave the commission new cost estimates and a timeline. Construction cost: $145M, plus another $51.66M for the convertible roof -- not including infrastructure costs earlier placed at $67M. The timeline calls for temporary financing to be in place at the start of '95 with funding approval in March '95 (MILWAUKEE JOURNAL, 12/1).