Playing Ball
2:02 pm
Thu June 5, 2014

Rock Cats Ballpark Economics, By the Numbers

Mayor Pedro Segarra, left, with officials and Rock Cats players on Wednesday.
Mayor Pedro Segarra, left, with officials and Rock Cats players on Wednesday.
Credit Jeff Cohen / WNPR
The presentation from February 2014 is short on details.

There are a lot of numbers that jump out when it comes to the proposed new minor league ballpark in Hartford – the 600 permanent, full-time jobs, the more than 9,000 seats, the 25-year deal, the $500,000 annual rent payment to the city. But there’s also the price tag itself. 

Hartford says it is willing to borrow no more than $60 million to pay for the stadium.

There’s a little more context now to that proposed price tag. While the city may borrow up to $60 million, a study performed by the company Brailsford & Dunlavey said it could cost around $50 million: $40 million in hard costs, and another $10 million in soft.

A projected budget for a proposed Hartford Rock Cats stadium.
A projected budget for a proposed Hartford Rock Cats stadium.
Credit City of Hartford
Brailsford and Dunleavy gave Hartford Mayor Segarra a "ballpark planning study project update" dated February 18, 2014.
Brailsford and Dunleavy gave Hartford Mayor Segarra a "ballpark planning study project update" dated February 18, 2014.
Credit City of Hartford

Hard costs include everything from site clearing ($360,607), to excavation ($2.7 million), to structural frame ($7.6 million), to everything else that you’d need to build a ballpark. The soft costs include things like project management, financing costs, permits, inspections, and the rest.

Otherwise, the presentation from February 2014 is short on details that back up a lot of the other economic information introduced this week. We’re working on getting more.