Kansas City city council approves $600 million commitment to build a new stadium for the Royals
Kansas City's city council has approved a $600 million commitment to support the construction of a new stadium for the Royals. This significant financial backing brings the club closer to its goal of moving to a new downtown ballpark. The Royals plan to partner with Hallmark Cards on a $3 billion mixed-use development, with the stadium serving as the centerpiece.
The city council's decision sets the stage for how the city will finance its portion of the investment, although there are still additional steps to navigate. The Royals have pledged to contribute $760 million of the estimated $1.9 billion cost. The city and the Royals also aim to secure an additional $540 million from the state government.
The new stadium is expected to break ground in 2027, with potential game action starting for the 2030 baseball season. The stadium will be leased by the Royals for 30 years, and the team will donate over $50 million to local community groups and initiatives. Hallmark intends to build a new headquarters in the area, connected to the Power & Light District via a streetcar system.
This development will provide the backdrop beyond the outfield fence and contribute to the city's economic growth.
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