Camden Yards, deemed “The Ballpark That Changed Baseball Forever,” will undergo some changes of its own in the near future.
Ahead of the Baltimore Orioles’ home opener against the Milwaukee Brewers, the organization announced that the Maryland state legislature passed an initiative that will commit $1.2 billion in public funding to reinvest and reimagine the Camden Yards Sports Complex.
“In a very short span of time, we can report that the franchise has a bright future, having secured the financial resources needed to reinvest in Oriole Park’s amenities,” chairman and CEO John Angelos said in a statement.
The $1.2 billion is the second-largest public commitment to an MLB team. Only the New York Yankees received a higher figure when constructing the new Yankee Stadium in 2009.
“These public funds are just a portion of the more than ten billion dollars in economic tourism impact generated by the Orioles during the past three decades at Camden Yards,” Angelos said.
It cost about $110 million to build Camden Yards, which turned 30 years old on Wednesday and welcomed fans for the first time this year on Monday. In 2021, the team ranked 26th out of 30 MLB teams in average home attendance.
Along with the O’s ballpark, the Camden Yards Sports Complex is also home to M&T Bank Stadium, where the Baltimore Ravens play.