St. Louis County not part of stadium financing plan

The planned development calls for a 64,000-seat stadium, 10,000 parking spots and green space. | Courtesy of HOK and 360 Architecture
The proposed new riverfront stadium in downtown St. Louis will not be supported by St. Louis County taxpayers. | Courtesy of HOK and 360 Architecture

St. Louis County taxpayers would not be asked to support the proposed new football stadium in downtown St. Louis, according to St. Louis County Executive Steve Stenger. That eliminates about $6 million annually from the funds anticipated to help pay off the proposed $985 million riverfront facility.

The plan for the stadium, which is being floated in an attempt to keep the St. Louis Rams from leaving town, initially called for a mix of private and public funding, with the state, St. Louis County and St. Louis paying off bonds over the next few decades.

But Stenger said Gov. Jay Nixon informed him last month that St. Louis County was no longer on the hook for the project.

Read more from St. Louis Public Radio


Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more