Trend: Stadium Shifts to Public Funding.

St. Louis is building a new stadium at a price tag of $1 billion. $450 million will be private funding. The remainder will be public funding. The course of public funding they are exmaining are:

  • $250 million in additional Bonding authority
  • $150 million Increase in tax credits, to reduce the necessary revenue levels

The stadium has lingering land aquisition issues as it only has 62% of the land it needs under potential contract. 

St. Louis Business Journal