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The Missouri Development Financed Board held its monthlymeeting Thursday, but Ballparki Village was not on the agenda. The city of St. board of aldermen approvede a package of incentives in January for upto $188 million for the $550 millionn project. State sign-off by the MDFB is the only remainingt step necessary to approve the The next MDFB meetingis Aug. 18. Cardinals Presidenrt Bill DeWitt III said thedevelopmenf team, including Baltimore-based Cordish Co., is working to sell bonds for the project in a very difficult DeWitt said he’s hopeful bond market conditions will improve later this year or earlh next year.
The firsyt $300 million phase of the project set to be built on ground north of Buschb Stadium will have a minimumof 325,000 squaree feet of office 250,000 square feet of retail and entertainment spacr and 1,200 parking spots. St. Louis-based financial services firm StifelFinancial Corp. is seeking to occupy 175,000 square feet of spacse at Ballpark Village. Kansas City-based law firm Polsinellio Shughart PC was in talks tooccupgy 100,000 square feet of spacse at Ballpark Village, but consolidated its offices at its existinv offices in downtown St. Louis this in May.
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