A lease deal has been agreed upon with Tulsa Drillers. The agreement will go through its final approval today with the Tulsa Stadium Trust. This lease is a much needed step forward for a downtown ballpark. Officials hope it will be complete in time for the Double A baseball team's 2010 ball season.
The deal took longer than most had anticipated, but in the end everyone was happy with the outcome. Mayor Kathy Taylor, who approved the $60 million ballpark, thinks this is a very important step and is also pleased with the outcome. But everyone knows there is much work to be done in order to make the stadium a reality. Everyone involved in the project is excited about the day the first ball will be thrown over home plate.
Other steps that will be needed include completing the design of the stadium and securing financing that the project needs for bond debt. This will require the City Council's approval.
When complete, the stadium will be located by Interstate 244, bordered by Archer Street and Elgin Avenue . It will also be bordered by the backside of many businesses along Greenwood Ave. There will be 6,200 regular seats, twenty-five luxury suites, a party deck by first-base line, and a picnic area.
The ballpark will be owned and financially overseen by the Stadium Trust, which was created by the City Council. The city will be the sole beneficiary of the public trust.
For those who reside in Tulsa , Oklahoma , or those who are looking to buy a home in Tulsa , the first trust meeting will be held at 10 a.m. next Tuesday. The meeting will be held to officially establish an organization so it can legally act.
This big step shows that Tulsa is continuing to grow, even in tough times.
