November 12, 2003
St. Louis stadium still seeking simoleons
The St. Louis Post-Dispatch has finally got around to noticing that the Cardinals' October 15 groundbreaking date came and went with no ground being broken for their planned new stadium. The team is still short $230 million in private financing for the project ($52 million in investments and $183 million in loans), and isn't saying where it'll come from. "We're in a very technical part of the financing. There's really not a lot that can be discussed publicly," team prez Mark Lamping explained, if you can call that explaining.
Lamping did say that financing must be finalized by March 31 to keep to the stadium's projected April 2006 opening day. Missouri legislators, mark your March calendars...
