Situation
When the St. Louis Cardinals sought to replace the 1960s-era Busch Memorial Stadium, they desired more than a stand-alone ballpark. They imagined the stadium as part of a master-planned neighborhood that would include retail, entertainment and office spaces. Because of our ongoing representation of the city of St. Louis for the development of new Busch Stadium, the city tapped Husch Blackwell as counsel in the development of what would be known as Ballpark Village.
Result
Husch Blackwell represented the city in negotiations with the Cardinals and the Cordish Co. to develop the $600 million project. Our attorneys assisted the city with $18 million of Missouri Downtown Economic Stimulus Act (MODESA) bonds for the first phase of the project. We continue to represent the city in connection with the 100,000-square-foot Ballpark Village, which opened in 2014.