PawSox owners unveil proposed waterfront ballpark
By News Staff
The new owners of the Pawtucket Red Sox unveiled designs for a proposed ballpark on the
President James Skeffington announced the new 10,000 seat ballpark is estimated to cost $70 million and the owners will pay for 100% of the design and construction costs with its private funds. He says the owners would assume all risk of building, completing the construction and the long term operation of the ballpark.
A study commissioned by the team, done by Brailsford & Dunlavey, revealed the new ballpark is expected to generate an estimated $12.3 million annually in direct spending for the city and state.
The study also projects the State will receive approximately $2 million in recurring tax revenues each year.
(C) WLNE/TV 2015
