KC weighs $600M in city funds for downtown Royals stadium

1 min read
Source: KCUR
KC weighs $600M in city funds for downtown Royals stadium
Photo: KCUR
TL;DR

Kansas City is considering a plan to fund a $1.9 billion downtown Royals stadium with up to $600 million in city bonds—paid for by new stadium-related economic activity taxes and existing sources—while Missouri could provide incentives up to half the cost. The venue would sit near Union Station and Washington Square Park, with a 30-year Royals lease and no public vote required. The proposal, endorsed by the mayor and most council members, advances to committee review before a full council vote, with rezoning and financing terms still to be resolved and mixed signals about Royals’ participation.

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