Ballpark Village Phase Two News

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Some details of possible new development at Ballpark Village are getting out.

The information comes from a solid source: Bill DeWitt III, president of the St. Louis Cardinals.

In remarks Thursday evening at the Post-Dispatch’s Top Workplaces event at the Joule event venue in Lafayette Square, DeWitt provided an update on future plans for the second phase of Ballpark Village.

He said the desire is to break ground next year on development of 280 to 290 residential units, office space, a hotel and more retail space.

Ballpark Village’s first phase, the complex of restaurants and bars next to Busch Stadium, opened in 2014. The rest of the site is a parking lot. The Cardinals and Cordish Cos. of Baltimore are co-developers of Ballpark Village.

Efforts Friday to get more information about Ballpark Village development were unsuccessful. DeWitt and Jim Watry, Ballpark Village’s chief operating officer, did not return calls.

DeWitt has spoken frequently about his desire to build a mixed-use project at Ballpark Village. He has had in his office a site plan of the 10-acre site. He’s said Ballpark Village has three good sites for office buildings plus room for a hotel and a tall, thin residential tower without blocking views of the Arch from inside Busch Stadium.

When such buildings might go up remains anyone’s guess.

Real estate experts say that until rents for Class A office space increase downtown, new office construction is unlikely without a tenant already committed.

Source: missourian.com

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