About the Other Stadium…
Tim White raises an important point that seems to have been avoiding discussion related to the PawSox deal:
If approved, there will be another cost associated with building a new stadium in downtown Pawtucket to host the PawSox: tearing down McCoy Stadium.
The city of Pawtucket owns the land that 75-year-old McCoy is on, and officials have indicated there are no plans to keep the ballpark if the PawSox leave, whether by moving across town to the proposed Apex site or out of state.
The options on table range from likely to certain to require more government money and debt. Rebuilding the high school on the spot will mean a big bond and a state taxpayer fund match and still leave the city with a plot of land to repurpose or dispose of. A private buyer would probably negotiate and receive subsidies for some part of the property redevelopment. Or just leaving it alone will mean a tax-free chunk of land in the city.
Whatever the final ask for the new stadium is, don’t forget that the project isn’t done with taxpayers, yet.