PawSox owners: Downtown ballpark would generate millions
PROVIDENCE, R.I. (AP) The new owners of the Pawtucket Red Sox say a multi-use ballpark in downtown Providence would generate $12.3 million annually in spending for the city and Rhode Island.
Team president James Skeffington and a group of consultants unveiled their vision for a new waterfront stadium Wednesday. They say their economic impact study shows the ballpark would create about $2 million annually in tax revenues for the state and about $170,000 annually for Providence.
Skeffington says they would invest a total of $85 million to build the stadium, relocate underground utilities and build a 750-car parking garage nearby. He says they would ask for a 30-year exemption from real estate taxes.
The proposed ballpark for the Boston Red Sox’s Triple-A affiliate would sit on the former highway land now owned by the state and Brown University.