Monkey51
Bullpen Catcher
Registered: 02-2006
Location: hanging from the ceiling
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Party suites, martini bar: Cost of new Yankee Stadium up to $1.3B
By KAREN MATTHEWS, Associated Press Writer
February 8, 2008
NEW YORK (AP) -- The granite and limestone exterior is designed to evoke the original 1923 Yankee Stadium, before it was remade in the 1970s.
But the new stadium's interior will offer amenities unheard of in Babe Ruth's day -- or in Reggie Jackson's.
Scheduled to welcome fans on opening day 2009, the new stadium will have party suites, a members-only restaurant, a martini bar and a price tag to match all the luxury -- $1.3 billion, up from a $1 billion estimate last year, the Yankees said Thursday.
"We tried to reflect a five-star hotel and put a ballfield in the middle," said Yankees Chief Operating Officer Lonn Trost, who hosted a media tour of the new stadium.
The new ballpark is being built directly across the street from the old House that Ruth Built in the Bronx. For now, the stadium is a welter of cranes and construction trailers, with hard-hatted workers instead of Derek Jeter and Alex Rodriguez patrolling the infield.
The field's dimensions will be the same as at the old ballpark, which will be partially demolished. But the 58-by-103-foot center field television screen will be six times the size of the current stadium's video screen.
Inside, there will be such features as a conference center with video conferencing, so a corporate group could have a daylong meeting and then stay for a ballgame, Trost said.
A concierge will be available to procure theater tickets or restaurant reservations. There will be 51 luxury suites, two large outdoor suites and eight party suites with seating for up to 410 people in total.
Trost said the cost overruns included $150 million in such enhancements as the giant video screen, $138 million in food and beverage costs not included in the original estimate and $50 million from delays due to a lawsuit by community groups that sought to halt construction of the stadium.
The groups sued because two city parks were razed to make way for the new stadium. The Yankees have said the lost parkland would be replaced at the site of the old stadium and elsewhere in the Bronx.
Asked whether the Yankees had been securing additional financing, Trost said, "We will be."
source
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wah wah wah....1 billion more...tell it it people who care..
Last edited by Monkey51, 2/9/2008, 1:32 am
--- Hamels started toward the dugout after what he thought was a strike. Lincecum didn't get the call & buzzed ump Dana DeMuth w. a fastball that slammed off the backstop & then froze Hamels w. another 3rd strike. 4/28/10 Timmy the ump killer.
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2/9/2008, 1:27 am
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Nine Buck
ALL TIME GREAT
Registered: 03-2007
Posts: 20410
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Re: Party suites, martini bar: Cost of new Yankee Stadium up to $1.3B
150 million for the video screen alone?
I'm in the wrong business.
Nice to see an in-park concierge too. Now Jeter and A-Rod, can arrange to get a hotel room together without so much hassle.
lawsuits--50 million
food and beverages- 138 million
video screen- 150 million
sharpie- two bucks
piece of cardboard- free
message- priceless:
Last edited by Nine Buck, 2/9/2008, 9:37 am
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2/9/2008, 9:35 am
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