V:\PR 1- EXECUTIVE\MISCELLANEOUS\BALLPARK VILLAGE\2012 PR Material\May 21 12 FTP\BPV - Project Summary (5 21 12).doc
Ballpark Village is an approximately $700 million mixed-use retail, entertainment, office and residential districtbeing developed in partnership by the St. Louis Cardinals and The Cordish Companies. Spanning seven city blockson the 10-acre site just north of Busch Stadium
, Ballpark Village will be the country’s first fully integrated mixed
-usedevelopment designed to deliver the excitement and energy of the game day experience to a new neighborhoodoutside the stadium walls.
Live District & Cardinals Hall of Fame Museum & Restaurant Anchor First Phase
Live District Alive Year Round
Cardinals Restaurant features seating with views into Stadium
The $100 million first phase will include thedevelopment of a three story building housing aworld-class Cardinals Hall of Fame Museum, aCardinals-themed restaurant, and ticketed seatingdecks with views directly into Busch Stadium.The 30,000 square foot Cardinals Hall of FameMuseum & Cardinals Nation restaurant will showcasethe
team’s extensive historical collection,
second onlyto the National Baseball Hall of Fame in Cooperstownin terms of size. One of the most exciting elements of the initial phase of Ballpark Village is the development of theSt. Louis Live! Plaza - - a central plaza covered by a retractable glass canopy helping ensure that downtown is alivewith activity all year long.
St. Louis Live!
will include a state-of-the-art 40 foot LED screen that will provide gueststhe best sports viewing, as well as enhancing live events with an immersive audio and video experience.
Development Team Makes Additional Financial Commitments to Jump-Start Development
Developers Shoulder Risk While Demonstrating Commitment to Project
In order to get the Ballpark Village underway, the St. Louis Cardinals and The Cordish Companies have madeadditional financial commitments to the project - - including committing to purchase all of the public bonds toensure the project gets underway.The $100 million first phase of the project will includethe construction of 100,000 sq. feet of retail andentertainment space on two blocks along Clark Streetnext to Busch Stadium (blocks 200 & 300).The first phase includes the development of public eventspace known as the Live Plaza, as well as streets, parkingand site infrastructure for the entire 10-acre site. Theremaining pad-ready development sites will allow forfuture phases to be developed more quickly since thebasic infrastructure will already be in place.