"Kansas City mayor Quinton Lucas announced an ordinance proposing a $1.9 billion investment plan for a new stadium and surrounding infrastructure in downtown Kansas City."
"The proposal would authorize roughly $600 million in city funding towards the project, independent of state funding, which can cover up to 50% of major stadium construction."
"The Royals are expected to commit to a 30-year lease beginning in 2030, with hopes for the new stadium to be ready for play a year earlier."
"Owner John Sherman has generally voiced support for a downtown ballpark, and the mayor indicated that the proposal resulted from extensive discussions with the team."
Kansas City mayor Quinton Lucas announced a proposed ordinance for a $1.9 billion investment plan for a new Royals stadium in downtown Kansas City. The plan includes approximately $600 million in city funding, separate from state contributions. Missouri's law allows state funding for major stadium projects, benefiting both the Royals and the Chiefs. The Royals may commit to a 30-year lease starting in 2030, with hopes for construction to begin in early 2027. The team has not officially commented on the proposal, but owner John Sherman supports a downtown location.
#kansas-city-royals #stadium-funding #public-investment #sports-infrastructure #downtown-development
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