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The value of a stadium entertainment district

Today the Royals will reveal more information about the two proposed locations for a new ballpark, which is about more than just a new place for the team to play. In many places like Wrigleyville or The Battery Atlanta, teams have entertainment around the stadium, though these two examples are very different. Wrigleyville grew up organically over time, but The Battery is more like what the Royals would be doing to make a lot more money by owning and developing the land around the field - a district with restaurants, shops, offices, and housing. The Royals have pledged to put up a billion dollars for the district portion of their proposed project in either East Village or North Kansas City.