Pawtucket Red Sox
Pawtucket Red Sox

Pawtucket Red Sox Announce A Proposal For A New Ballpark In Downtown

Pawtucket Red Sox Announce A Proposal For A New Ballpark In Downtown

After releasing a video earlier in the day the Pawtucket Red Sox have announced that in partnership with the City of Pawtucket they will propose a new $73 million ballpark on the Apex site in downtown Pawtucket.

Of the $73 million the PawSox are committing $45 million for the construction costs and the proposal includes no public subsidies from either the city or the state of Rhode Island.

The state will be asked to cover $23 million but that will be exceeded by the revenues generated by the ballpark, ballclub, and project. The City of Pawtucket will cover up to $15 million which would primarily go towards purchasing the Apex land and some being invested in surrounding infrastructure.

PawSox President Charles Steinberg at the 20/20 gathering on Wednesday noted the deal is “no burden to the ordinary taxpayer. There is no ask, there is no public subsidy.

The stadium would be city-owned and the PawSox as part of the deal have proposed to commit to remain in Pawtucket for a 30-year extension through 2050.

The Mayor of Pawtucket Donald R. Grebien that conversations are ongoing with the owners of the Apex building and adjacent land and he is confident that the issue would be resolved “sooner rather than later.”

“This plan more than pays for itself.” -Mayor Grebien

The new ballpark proposal will next go before Rhode Island Governor Gina M. Raimondo and the state legislature. If all goes well with state leaders, the plan is to have the ballpark ready to open in 2020 when the lease at McCoy Stadium runs out.

 

Larry Lucchino mentioned there will be a replica green monster where fans can eat at top the structure and other cool features they plan on adding to give it a Fenway Park feel. A look at the tweet by Times reporter Brendar McGair shows a mock up park that resembles Fenway Park, which was the goal set up by PawSox ownership and has been an idea for several years when talking about a new ballpark.

The State of Rhode Island has yet to comment on the proposal but with limited public risk this deal could proceed quicker than a deal that requires more public funding.

Pawtucket Red Sox Announce A Proposal For A New Ballpark In Downtown
Click to comment

Debate With Us

To Top
Read previous post:
Ryan Dungey Announces His Retirement From Racing

Ryan Dungey Retires From Supercross Red Bull KTM announced earlier today that Ryan Dungey will retire from Monster Energy Supercross....

Close