ST LOUIS REAL ESTATE

CHESTERFIELD TO GET ITS OWN DOMED SPORTS FACILITY

CHESTERFIELD, MO: (STLRealEstate.News) It seems like the greater St. Louis region is a popular place to plan for a sports facility these days. First the double MLS soccer stadium proposals in St. Louis, and now a domed sports facility for St. Louis’ famous Chesterfield suburb – it’s a great sign for residents near and far to the region.

St. Louis this week gave its preliminary approval to a deal that could add a monumental sports facility equipped with a dome, to the growing retail hub paralleling Highway 40. To be officially called the “Chesterfield Dome Complex” on the 30 acres along North Outer 40 Road, the construction is being proposed by St. Louis Cardinals manager Mike Matheny, and nonprofit executive Dan Buck, whom heads the investment group that wants to finance the entire project.

Chesterfield City Director, Mike Geisel, this week stated that the two of them want to create the largest indoor sports facility in North America. Chesterfield Mayor Bob Nation stated this past Thursday that city officials have been in ongoing, quiet negotiations with Buck and Matheny investment and management groups since early 2015. All of the discussions have been held in closed meetings, and are finally being disclosed to the public as of October 2016. The negotiations officially surfaced last Wednesday at a City Council meeting with the public disclosure of a “letter of intent” that will permit development of the project, equipped with a price tag of $36 million to $42 million for moving forward.

Geisel stated that project planners are hoping construction on the facility will begin within the next 18 months. They are hoping the complex will officially be open to the public as early as 2018. Plans submitted to the city are calling for the construction of a dome that includes playing fields that can support baseball, basketball, volleyball, softball, and football games.

Contributing Editor: Alexandra R. Fasulo

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