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When Worcester city officials first proposed the Polar Park baseball stadium in August 2018 as the new home of the minor league baseball Pawtucket Red Sox, the cost was estimated at $101 million, with the team paying for $36 million of that expense while the city government paid for the rest; and city officials insisted the stadium costs would be more than covered by the tax collections and other revenues from the surrounding development, even as sports economists doubted the veracity of those claims. The City Council unanimously approved the ballpark development plans, based on those numbers and the excitement of the team moving to Worcester. On Friday, city officials increased the stadium cost estimate for the second time, with the total expense now at $157 million, and the team covering $53 million; and city officials remaining steadfast the stadium would pay for itself over 35 years.
When Worcester city officials first proposed the Polar Park baseball stadium in August 2018 as the new home of the minor league baseball Pawtucket Red Sox, the cost was estimated at $101 million, with the team paying for $36 million of that expense while the city government paid for the rest; and city officials insisted the stadium costs would be more than covered by the tax collections and other revenues from the surrounding development, even as sports economists doubted the veracity of those claims. The City Council unanimously approved the ballpark development plans, based on those numbers and the excitement of the team moving to Worcester. On Friday, city officials increased the stadium cost estimate for the second time, with the total expense now at $157 million, and the team covering $53 million; and city officials remaining steadfast the stadium would pay for itself over 35 years.
Anybody who thought that the costs would not go up doesn't know how government project work. They always tell you one number, then it gets much higher.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Mark Mungeam
I feel for the city because I'm sure that a large amount of this latest additional cost was due to delays caused by the COVID crisis, over which they had no control. It is a complex project being done at a time when construction costs are high and I feel they should have been better prepared for design changes and cost overruns.