Development Team Closes Financing Today. Groundbreaking Ceremony Slated for Friday February 8th.
ST. LOUIS (January 30, 2013) – The St. Louis Cardinals and their development partner the Cordish Companies announced that they closed today on the financing for the construction of the $100 million first phase of Ballpark Village. While preliminary site work began today, the team announced that a formal groundbreaking ceremony will be held on Friday, February 8th at 11 am on the construction site.
The $100 million first phase of Ballpark Village, which is anticipated to be completed by Opening Day 2014, will include the construction of 100,000 sq. feet of retail and entertainment space along Clark Street next to Busch Stadium. The first phase also includes all of the streets, parking and site infrastructure to support the future phases of the seven-block $700 million mixed use project.
The initial phase will be anchored by Cardinals Nation, Budweiser Brew House, and Live! at Ballpark ...