Episode Details
Back to EpisodesKansas City's Royals Stadium Plan: Bonds, Jobs, and Caution
Description
Kansas City Proposes New Royals Stadium: A $1.9 Billion Project at Washington Square Park
City officials plan to issue up to $600 million in bonds for a new Royals stadium, offices, parking, and street upgrades. The city-owned stadium would be leased to the team, with bonds primarily funded by new sales taxes and economic activity. The City Council votes on advancing talks this week, with council members emphasizing no drain on the general budget and some advocating for project-generated cash and a public vote. City leaders are using conservative revenue projections and a third-party financial review to ensure the citys protection.
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