Follow up: Quick facts about Dunkin' Donuts Park in Hartford

The city of Springfield has expressed the idea of a baseball stadium as part of their "Vision 2017" presentation in March 2015.  Meanwhile, twenty-five minutes down the road in Hartford, the city of Hartford has broken ground for a $56 million minor league baseball stadium as part of a $350 million mixed development plan.  The plan calls for retail, residential and commercial development along with the ballpark.  A bold plan, but an interesting one that could pay dividends for decades to come as an under-utilized area of Hartford could become a destination for tourists and residential space.

Quick facts about Dunkin' Donuts Park in Hartford:

• Broke ground in June 2015.

• The stadium is expected to open in April 2016.

• The ballpark is expected to bring more than 1,000 permanent jobs.  (University of Connecticut Center for Economic Analysis study)

• The stadium is expected to cost $56 million, and it will be paid out in increments of about $2.4 million per year for 26 years. 

• The Hartford Stadium Authority will borrow money upfront and then pay off the construction debt.

• The ballpark is part of a $350 million mixed-use development plan called Downtown North, including retail, residential and commercial development.

• The team name will be changed the the Hartford Yard Goats.

Source: FOXCT

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