New Yankee Stadium



In spring of 09 Yankee, fans will get a chance to see the newest addition to the team, a new stadium. This modern baseball stadium has some serious shoes to fill to win the hearts of dedicated fans. The Old Yankee Stadium has stood the tests of time and adversity reigning in New York City for eighty-six years. All good things must come to an end to make way for new good things. The new Yankee stadium promises to be just that with a 1.3 billion dollar price tag.

Moving the stadium has been an idea since 1980 when the owner wanted to move the stadium to a safer area. Over the years, the South Bronx had become a dangerous neighborhood. While considerations were discussed and discarded new interest came to the team and by the early 90's attendance and security were up. This did not stop thoughts of a new stadium however; it just determined that the new stadium could remain in the Bronx.

However, the cost of building a new stadium was a challenge. The team's hopes were raised when former Mayor Giuliani proposed city funding for new stadium construction for both of the city's baseball teams. Giuliani's plan included $800 million in construction funds, $390 million to be invested in improved transportation to the stadiums (via the MTA's B,D and 4 train lines to Yankee Stadium in the Bronx and the 7 line to Queen's Shea Stadium). Both teams would also have received $25 million for planning and the Mets another $80,000 of debt forgiveness.

The plan also waived sales and property taxes on the teams, would have provided both stadiums with state subsidized low cost electricity and allowed the teams to keep 100% of parking and other revenue brought in by the stadiums, with the city receiving a mere 4% of the ticket sales. Things looked a little less rosy for New York's ball clubs when current Mayor Michael Bloomberg too office. Mayor Bloomberg decided to exercise the escape clause provided for in the contract - however, the contract also included a provision allowing the teams to leave the city should the escape clause be used! Happily, the city and the two teams came to a new agreement and planning for new Yankees and Mets stadiums kept moving along.

A lot of care has gone into the design of the new Yankee Stadium. Built of Indiana limestone which will circle the entire facility, the park will look quite a bit like the old stadium did prior to 1974 renovations. A replica of the copper frieze which was present on the former stadium will be featured. While the new park will look much like its predecessor on the outside, the interior will feature a number of new amenities for fans, including two new restaurants which will be open all year.

Whether you are a fan of the new Yankee Stadium or fear that a vital piece of Bronx history will be lost, it can be agreed upon that the new home of the Yankees will be one which preserves the character of the old while offering the comfort of the new. The construction of the first Yankee Stadium was a risk taken by the team; one which paid off for the team and the city - and it looks like history just might repeat itself in the Bronx next spring.