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Stadium proposal stalls in St. Louis, signals new trend. (News Briefs).(end to stadium building trend)(Brief Article)

Government Finance Review

| August 01, 2002 | COPYRIGHT 2002 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

In a move that may signal the end of the stadium boom, the Missouri legislature refused to commit public funds for a $346 million dollar ballpark in St. Louis. During the late 1990s, governments contributed millions of dollars to build major league baseball stadiums in cities such as Seattle, Baltimore, and Cleveland. Now, states and municipalities around the country, facing reduced revenues and tight budgets, are taking a closer look at stadium proposals. In Missouri, a new ballpark for the St. Louis Cardinals was a tough sell for lawmakers searching ...

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