SBD/Issue 146/Facilities & Venues

Developing Situation: Cardinals Ballpark Inching Closer?

Although they "don't have the money in hand or any guarantees," MLB Cardinals President Mark Lamping and developer Richard Baron said that they are "confident" the $380M Ballpark Village development "would rise alongside a new ballpark in downtown St. Louis, provided the ballpark gets built," according to Prost & Carey of the ST. LOUIS POST-DISPATCH. Lamping and Baron said that other developers, "local and out-of-town ones, are coming forward saying they'd like to help." MO Gov. Bob Holden said earlier this week that he "wouldn't support using state money to help build a heavily subsidized" $370M ballpark unless Ballpark Village came with it. Baron faxed a letter to Holden on Tuesday saying his firm was "prepared to enter into a development agreement with" the Cardinals for Ballpark Village (ST. LOUIS POST-DISPATCH, 4/26).

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