New St. Louis stadium plan calls for state land contribution
ST. LOUIS (AP) Missouri Gov. Eric Greitens has made it clear he’s opposed to state funding for stadiums, yet a revised proposal for a $200 million soccer stadium in St. Louis calls for the state to contribute land that’s potentially worth millions of dollars.
Meanwhile, a city aldermanic committee delayed a vote Thursday to advance a measure putting the proposal, which also requires city voters to approve $60 million in funding, on the April ballot.
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The investor group SC STL’s proposal calls for a 22,000-seat stadium near Interstate 64 and Union Station, a key component in the group’s effort to lure a Major League Soccer expansion team. MLS officials have expressed strong interest in St. Louis, but only if a stadium is built.
Time is of the essence: The league is expected to award two new expansion teams in the fall, with play starting in 2020.
St. Louis’ project was on life support after Greitens, a Republican who took office this month, said repeatedly that he opposed taxpayer funding for stadiums, calling it “welfare for millionaires.” SC STL had been seeking $40 million in state tax credits.
But a provision of SC STL’s revised financing plan, presented at Thursday’s meeting at City Hall, says the state would contribute the majority of the 24-acre project site, which is currently owned by the Missouri Department of Transportation, and perform some site clearing and infrastructure work.
The value is still being appraised, but given its location and the amount of land, it likely is worth several million dollars.
Greitens spokesman Parker Briden told The Associated Press in a statement that the governor “remains opposed to state funding to build the soccer stadium.” He did not immediately respond to a question about how the potential donation of land doesn’t conflict with Greitens’ hard-line stance.
The first hint of compromise with the governor came in an email from SC STL spokesman Jim Woodcock late Wednesday, when he wrote that a “path forward” had been reached after two weeks of meetings.
“Gov. Greitens has made it clear to us that he is very supportive of adding a new professional sports franchise to the State of Missouri, and that’s a sentiment we wholeheartedly share,” the statement said.
The stadium project also requires taxpayer help from the city. The city Ways and Means Committee heard from SC STL officials Thursday, but no vote was taken on whether to ask the full Board of Aldermen to place the issue on the April ballot. The committee is expected to reconsider the measure Monday.
SC STL would be responsible for at least $95 million of the project cost, the entire $150 million expansion fee and all maintenance costs going forward.