St. Louis Ballpark Village
Encyclopedia
St. Louis Ballpark Village is a planned $650 million development in downtown St. Louis, Missouri
that will occupy the site of the previous Busch Stadium
. It will include about 250000 square feet (23,225.8 m²) of retail shops
, restaurant
s and entertainment
venues, 400 residential units, 450000 square feet (41,806.4 m²) of office
space, and 2,000 parking spaces.
The primary developer is the Cordish Company
of Baltimore
, Maryland
.
A finalized agreement was reached in mid-July 2008. Construction was supposed to begin in late August, but did not.
Planning for Ballpark Village began in 1999 when the Cardinals began looking at building a new stadium. When plans for the new Busch Stadium were finalized, the Cardinals entered into an agreement with the City of St. Louis and have a stake in the completion of the development. Under the agreement, at least one block of the Village must be completed by 2007, while the entire development must be finished by 2011. If Ballpark Village is not completed by 2011, the Cardinals will pay a $3 million fine per year until the project is finished.
Development hit a major snag in March 2008, when the Centene Corp. backed out of a plan to put their corporate headquarters in Ballpark Village.
The Cardinals had hoped it would be built in time for the 2009 Major League Baseball All-Star Game
. However, because of the recession, no construction has begun. The Cardinals announced in March 2009 that the area would be used for a softball field and parking area during the game.
In January 2011, plans were announced for phase one to include 100000 square feet (9,290.3 m²) of stores, restaurants and corporate headquarters for Stifel Financial Corporation with a target opening of 2013. The new development pales in comparison to the original design, filling just two of the ten blocks originally planned for BallPark Village. The cost will be $100 million as compared to the $650 million original plan. Cordish recently developed the $850 million nine-block Power and Light District
in Downtown Kansas City.
St. Louis, Missouri
St. Louis is an independent city on the eastern border of Missouri, United States. With a population of 319,294, it was the 58th-largest U.S. city at the 2010 U.S. Census. The Greater St...
that will occupy the site of the previous Busch Stadium
Busch Memorial Stadium
Busch Memorial Stadium, also known as Busch Stadium, was a multi-purpose sports facility in St. Louis, Missouri that operated from 1966 to 2005....
. It will include about 250000 square feet (23,225.8 m²) of retail shops
Retailing
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, restaurant
Restaurant
A restaurant is an establishment which prepares and serves food and drink to customers in return for money. Meals are generally served and eaten on premises, but many restaurants also offer take-out and food delivery services...
s and entertainment
Entertainment
Entertainment consists of any activity which provides a diversion or permits people to amuse themselves in their leisure time. Entertainment is generally passive, such as watching opera or a movie. Active forms of amusement, such as sports, are more often considered to be recreation...
venues, 400 residential units, 450000 square feet (41,806.4 m²) of office
Office
An office is generally a room or other area in which people work, but may also denote a position within an organization with specific duties attached to it ; the latter is in fact an earlier usage, office as place originally referring to the location of one's duty. When used as an adjective, the...
space, and 2,000 parking spaces.
The primary developer is the Cordish Company
Cordish Company
The Cordish Company is a real estate development and entertainment operating company with its headquarters on the 6th floor of the Pratt Street Power Plant in Baltimore, Maryland...
of Baltimore
Baltimore
Baltimore is the largest independent city in the United States and the largest city and cultural center of the US state of Maryland. The city is located in central Maryland along the tidal portion of the Patapsco River, an arm of the Chesapeake Bay. Baltimore is sometimes referred to as Baltimore...
, Maryland
Maryland
Maryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east...
.
A finalized agreement was reached in mid-July 2008. Construction was supposed to begin in late August, but did not.
Planning for Ballpark Village began in 1999 when the Cardinals began looking at building a new stadium. When plans for the new Busch Stadium were finalized, the Cardinals entered into an agreement with the City of St. Louis and have a stake in the completion of the development. Under the agreement, at least one block of the Village must be completed by 2007, while the entire development must be finished by 2011. If Ballpark Village is not completed by 2011, the Cardinals will pay a $3 million fine per year until the project is finished.
Development hit a major snag in March 2008, when the Centene Corp. backed out of a plan to put their corporate headquarters in Ballpark Village.
The Cardinals had hoped it would be built in time for the 2009 Major League Baseball All-Star Game
2009 Major League Baseball All-Star Game
The 2009 Major League Baseball All-Star Game was the 80th midseason exhibition between the all-stars of the American League and the National League , the two leagues comprising Major League Baseball. The game was held on July 14, 2009, at Busch Stadium in St. Louis, Missouri, the home of the...
. However, because of the recession, no construction has begun. The Cardinals announced in March 2009 that the area would be used for a softball field and parking area during the game.
In January 2011, plans were announced for phase one to include 100000 square feet (9,290.3 m²) of stores, restaurants and corporate headquarters for Stifel Financial Corporation with a target opening of 2013. The new development pales in comparison to the original design, filling just two of the ten blocks originally planned for BallPark Village. The cost will be $100 million as compared to the $650 million original plan. Cordish recently developed the $850 million nine-block Power and Light District
Kansas City Power & Light District
The Kansas City Power & Light District or Power & Light District is a shopping and entertainment district in Downtown Kansas City, Missouri, United States, developed by the Cordish Company of Baltimore, Maryland and designed by Beyer Blinder Belle and 360 Architecture. The district comprises nine...
in Downtown Kansas City.
External links
- Cordish page on Ballpark Village
- City of St. Louis page on Ballpark Village
- Westendword.com news story on Ballpark Village
- St. Louis Magazine story on Ballpark Village
- http://www.stltoday.com/sports/baseball/professional/article_1ab2a36e-feff-11df-87c4-0017a4a78c22.html