Phoenixville Ballpark Plans Moving Forward?
A source told Patch that as soon as next month, the much anticipated report on the feasibility of bringing a minor league ballpark to the borough will be released.
A source with ties to the Phoenixville Baseball Committee confirmed to Patch earlier this week that the Chester County Economic Development Council's report on the feasibility of bringing a minor league ballpark to the borough is expected “within the next couple of months.”
Pending the results of the report, which was originally expected to be released in December, plans to lure an independent team or a rookie league MLB affiliate to Phoenixville will go forward.
The Phoenixville Baseball Committee has already toured minor league parks in Lancaster and Reading. It also met with a construction company that provided an estimate of what it would cost to build what would likely be a 3,500- to 4,500-seat facility on the 120-acre former site of the Phoenixville Iron and Steel Company.
The greatly anticipated Chester County Economic Development Council report will evaluate comparable minor league baseball stadiums; study Phoenixville’s demographics; prepare pertinent paperwork; analyze construction cost estimates and timelines; determine debt service capabilities; locate potential sources of public funding and grants; and develop a capital stack scenario to finance the project.
The source also told Patch that finding funding for the ballpark—the construction cost of which is expected to fall somewhere between $20 to $30 million—is not expected to be an issue.
Previous reporting on the proposed stadium: