R
Kansas City Proposes $600M Bonds to Anchor Royals’ Future Downtown
Kansas City officials advanced a proposal to issue $600 million in bonds to support construction of a new downtown stadium for the Royals. The ordinance, introduced April 10, outlines a partnership in which the city would fund part of the estimated $1.9 billion project, with the State of Missouri expected to cover approximately $950 million and the Royals responsible for the remaining private financing. The proposal targets an area near Union Station and aligns with the team’s effort to secure a long-term location before the current Kauffman Stadium lease expires in 2031. Discussions remain ongoing among city leaders, state officials, and the club.
7 months agoapnews.com/article/3b62efb5f9f1464a2d7c793946fe867e