E: info@sportsvenuebusiness.com

Second leg of St. Louis Stadium’s Ballpark Village breaks ground

The next phase of work sanctioned by the MLB’s Cardinals encompasses US$260m worth of mixed-use development around Busch Stadium.

 

Contractors have broken ground on the US$260m, second phase of Ballpark Village, an entertainment hub and mixed-use complex next door to the St. Louis Cardinals’ Busch Stadium in downtown St. Louis, Missouri, according to Fox 2 Now.

 

The first project of the 550,000sqft expansion, which dwarfs the 100,000sqft first phase, is a US$65m Live! by Loews hotel, which will create a new dining and entertainment district across the street from the stadium. The complex will feature hundreds of guestrooms, meeting and event space, outdoor amenity areas and first-floor dining and entertainment venues.

 

The hotel, a partnership between the Cardinals, developer The Cordish Companies and Loews, will employ a 49% minority workforce.

 

The second phase of Ballpark Village will also include a 29-storey, 230ft-tall luxury apartment tower from which residents will have views into Busch Stadium and of the Gateway Arch; a Class A office building with street-level retail and dining; and a two-storey marketplace. The office building will be the first new construction of its kind since 1989.

 

Cordish has a hand in other entertainment and mixed-use projects, some part of major sports venues and others adjacent to them. The company is part of a $2.5 billion mixed-use district along the St. Johns River in Jacksonville, Florida, a project that developers will position between the river and the Jacksonville Jaguars’ stadium. The more than 4-million-square-foot complex will feature hotel, convention, residential, retail, entertainment and office space, but Cordish said the entire buildout could take as long as a generation.

 

Back in November of 2017, Cordish also announced that construction on its $600 million Live! Casino and Hotel Philadelphia development in South Philadelphia was slated to begin in 2018. In January, according to the Philadelphia Business Journal, the company bought a US$37m, 9-acre parcel near the city’s major sports venues. Cordish plans to renovate an existing Holiday Inn into a boutique hotel with 200 rooms and is redeveloping a neighbouring building into a casino. The development will also include entertainment and dining space.

 

The Texas Live! complex, next to the future US$1.1bn home of the Texas Rangers’ Globe Life Field, opened August 10. The $250 million project includes 200,000sqft.

 

Source: constructiondive.com

 

#SportsVenueBusiness – the leading platform for sector news, views & developments!

Two American Hockey League arenas make the switch to Eaton’s Ephesus LED sports lighting
December 12, 2018
Pegula Sports & Entertainment to begin comprehensive study of venues
December 11, 2018
Bankwest secures naming rights to Western Sydney Stadium
December 6, 2018
Construction gets underway on the new Seattle Center Arena
December 6, 2018

Facebook

Twitter

LinkedIn