St. Paul City Council approves Saints ballpark financing - Bring Me The News

St. Paul City Council approves Saints ballpark financing

St. Paul is one step closer to seeing a new Saints ballpark in Lowertown. The city council voted unanimously on Wednesday to approve a financing plan for a $54 million ballpark in downtown St. Paul near the Farmers' Market – an upgrade from aging Midway Stadium. According to the plan, the city will put $17 million toward the project, and the Saints would pay $10 million. The city applied to the state for the other half of the cost.
Author:
Publish date:

St. Paul is one step closer to seeing a new Saints ballpark in Lowertown. The city council voted unanimously on Wednesday to approve a financing plan for a $54 million ballpark in downtown St. Paul near the Farmers' Market – an upgrade from aging Midway Stadium. According to the plan, the city will put $17 million toward the project, and the Saints would pay $10 million. The city applied to the state for the other half of the cost.

Next Up

Related

St. Paul Saints step closer to new ballpark

The St. Paul Saints believe a new land deal involving the city's Port Authority gets them closer to a new ballpark by the river downtown. The authority has signed a $1.85 million purchase-and-sale agreement for an empty Lowertown warehouse, which it plans to trade for the city's 30-year-old Midway Stadium off Energy Park Drive in an industrial part of the city. The authority wants to rip down Midway and turn the property over to industrial use.

Taxpayer league sues St. Paul to stop construction of new Saints ballpark

The Taxpayers League of Minnesota is suing to stop construction of the new St. Paul Saints stadium in Lowertown. In its suit filed Friday in Ramsey County District Court, the taxpayer league claims the city of St. Paul violated competitive bidding laws when it awarded the design-build contract for the new stadium to Ryan Cos.

St. Paul mayor eyes $27M for Saints ballpark

The ink is barely dry on state bonding legislation that created new economic development grants, but St. Paul Mayor Chris Coleman is already chasing more than half the money to pay for part of a proposed downtown ballpark for the St. Paul Saints. Coleman said the minor league park is "shovel-ready" and, if funded, could open in time for the 2014 season.

St. Paul's Lowertown ballpark now out for bidding

After city leaders huddled for several hours late Tuesday, St. Paul Mayor Chris Coleman announced Wednesday that the design-build contract for the $54 million Lowertown ballpark will be reopened for bids. The contract was originally awarded to Minneapolis-based Ryan Companies the day after the St. Paul Saints received $25 million in a state economic development grant.