New Royals Stadium and Entertainment District
Sector: Stadium • Location: Kansas City, Missouri, United States
Source: Kansas City Star
Kansas City plans to build a new Royals stadium near Union Station in Washington Square Park as part of a broader $1.9 billion baseball district entertainment development. The city proposes issuing up to $600 million in bonds to help finance the stadium and team offices, with repayment primarily through redirected economic activity taxes from the stadium and surrounding district. The project inclu
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Kansas City plans to build a new Royals stadium near Union Station in Washington Square Park as part of a broader $1.9 billion baseball district entertainment development. The city proposes issuing up to $600 million in bonds to help finance the stadium and team offices, with repayment primarily through redirected economic activity taxes from the stadium and surrounding district. The project includes tax increment financing (TIF) to capture increased tax revenue from the development to pay off costs, and a sales tax break on construction materials is expected to aid construction costs. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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