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KC Royals Anchor New $3B Crown Center Development

Summary

  • Royals will move to a new downtown ballpark by 2031.
  • A $3 billion project with Hallmark includes a new stadium.
  • Public-private partnership will fund the new ballpark.
KC Royals Anchor New $3B Crown Center Development

The Kansas City Royals are set to move from Kauffman Stadium to a new downtown ballpark within the Crown Center area. This transition is part of a substantial $3 billion project in partnership with Hallmark Cards, which will also see the development of a new Hallmark headquarters. The new stadium, estimated to cost $1.9 billion, is slated to begin construction next year as the initial phase of an 85-acre development.

This ambitious undertaking is structured as a public-private partnership, with two-thirds of the funding coming from private sources and the remaining one-third from public partners, including state allocations. Missouri's contribution is facilitated by a law enacted last year that allows for bonds covering stadium costs and tax credits. The Royals have expressed a commitment to honoring both organizations' histories while envisioning a revitalized future.

The team has confirmed its intention to leave Kauffman Stadium by 2031 when their lease expires. This decision follows a period of consideration for various locations, including suburban options, and a previous joint stadium proposal with the Chiefs that was rejected by voters. The new ballpark's location is intended to be a vibrant hub, integrated with existing downtown infrastructure.

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