• 401 Frederica Street, B-203
  • Owensboro, Kentucky 42301
  • (270) 685-2652 | FAX (270) 685-6074
  • 1
    • Introduction
  • 2
    • Downtown Arena
  • 3
    • Main Street Renovations
  • 4
    • Marina/Boat Ramp
  • 5
    • Rec-plex/Ice Rink
  • 6
    • Stadium for Baseball/Concerts
  • 7
    • Convention Center/Parking Garage
  • 8
    • Other Community Projects
  • 9
    • What is the capacity of Local Government to Finance these Projects?

Big Dreams, Big Decisions :

A citizen guide to prioritizing proposed community projects

Stadium for Baseball/Concerts

Stadium for Baseball/ConcertsIn November 2004, the Bring Back Baseball Committee proposed a public-private partnership for a new stadium that would attract a professional baseball team in the expanding Frontier League, as well as concerts, festivals, and other community events. The committee presented summaries of a market study, site plans, renderings, and a financing plan involving a locally-controlled nonprofit corporation as owner, tax exempt bonds, a surcharge on all revenues, loan guarantee, and a contribution of property and infrastructure.

In the final days of the 2005 General Assembly, state government authorized tax increment financing (TIF) for a comparable (yet more ambitious) Bowling Green project. Through the TIF tool that was adopted, a percentage of increases in state tax revenue in a designated district can be applied to the financing of qualifying projects. Community officials are exploring potential applications for the baseball stadium as well as other community projects.

4,000 seats (baseball), 2,000 fixed, 2,000 grass
7,900 seats (concerts and festivals)

Cost Estimate: $9.75 million
Includes: $1 million value for land, Infrastructure, Team Franchise, & Start-up Costs

Infrastructure estimates:
$425 thousand English Park site
$1.7 million Highway 54 site

Proposed Role of City Government:
Provide land and infrastructure
Establish TIF District

Proposed Role of County Government:
Levy surcharge on all sales at stadium
$3 million loan guarantee against surcharge revenue
Proposed Role of Local Nonprofit Board: Secure $1.5 million (local lenders)
Borrow $4.25 million (tax-exempt bonds)
supported by state TIF


  • Frontier League Professional Baseball Team
  • Community Baseball Teams
  • Out-of-Town Baseball Teams (tournaments)
  • Concerts and Festivals
  • Assemblies and Community Events

Economic Impact:
construction jobs, construction purchasing, permanent operating jobs, annual payroll/payroll taxes, out-of-town visitors, annual local purchasing

Taxes generated:
sales tax, payroll tax, hotel taxes, other taxes

Advantages (English Park):

  • Stand alone project with minimal city/county liability, value for low cost
  • Multi-purpose facility will accommodate baseball, concerts, festivals, and more
  • Low-cost family entertainment
  • Boost to economy: jobs, purchasing, tourism
  • Will generate spin-off business and neighborhood revitalization
  • Hometown team source of community pride
  • Breathe life into underutilized riverfront park
  • Enhance the riverfront effort from RiverPark Center to English Park

Disadvantages (English Park):

  • Would require gift of city park
  • Parking challenges
  • Potential noise issues
  • Limited visibility and accessibility
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