Cards Get $16M To Begin Ballpark Village Next Phase ISC Plans $178M Phoenix Int'l Raceway Upgrade Raiders' Davis Not Involved In Oakland Talks Facility Notes Details Emerge On Oakland Plan For Raiders Concerns Raised About DC United's New Stadium Orlando City SC Submits Plan For Stadium Signage Court Rules With Warriors On Arena Issue Facility Notes St. Louis Groups Joining Forces On MLS?
YANKEE STADIUM AREA CHOSEN AS EMPOWERMENT ZONE
Published December 22, 1994
The area around Yankee Stadium was included as part of one of six "empowerment zones" across the country that will receive a $100M federal development grant for neighborhood improvement. Officials hope the grant, along with tax breaks, will lure business to the area and create economic development. Both the city and state have agreed to match the funding (Christopher Policiano, N.Y. POST, 12/22).