- Nov 19, 2001
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Yankees reveal new stadium plans
By Tom Singer / MLB.com
NEW YORK -- A new Yankee Stadium leaped from past dreams to future reality Wednesday, when club and government officials parted the curtain on construction plans for an $800 million project to replace and honor the Major Leagues' third-oldest ballpark.
Plans for the new stadium, the centerpiece of a broad redevelopment project to revitalize the Bronx riverfront, were announced at a media conference in the Stadium Club of the current Yankee Stadium.
Numerous political dignitaries, including New York mayor Michael Bloomberg, New York Gov. George Pataki and a host of city and Bronx elected officials, joined Yankees owner George Steinbrenner in an event highlighted by the unveiling of renderings of the 51,000-seat park targeted for a 2009 opening.
The Yankees plan to pay for all costs related to the stadium.
"We are staying at home in the Bronx," Yankees president Randy Levine said. "We are continuing our tradition in the Bronx.
"The Yankees, not the taxpayers, will pay for this project. The Yankees, not the taxpayers, will pay to maintain this ballpark."
New Yankee Stadium will feature modern convenieces -- such as dozens of luxury suites and wider concourses -- while also paying homage to the Yankees' home since 1923.
Not only will the new house retain the feel of the current ballpark with identical field dimensions and bullpen placements, but many planned features will actually recapture some of the original features eradicated by the extensive renovation that was done on the old stadium from 1973-75.
Among those features will be the exterior, a structure separate from the rest of the ballpark that will resemble the exterior of the original stadium.
The stadium's design is by the firm of Hellmuth, Obata & Kassabaum (HOK), whose retro touch is already visible on the MLB landscape in places such as Oriole Park at Camden Yards in Baltimore, Minute Maid Park in Houston and PNC Park in Pittsburgh.
Construction on the self-financed park is expected to begin in 2006. The state and city will combine to ante up an additional estimated $220 million for related projects, including new parking garages and road work.
Groundbreaking will culminate years of plans by the Yankees organization to develop a new ballpark in Macombs Dam Park, adjacent to and north of the current field.
Those plans were accelerated a few weeks ago, when club and city government officials reached agreement on a memorandum of understanding covering numerous aspects of the new Yankee Stadium's construction and eventual operation.
As conceived by Bronx burough president Adolfo Carrion Jr., the broader development includes a hotel, conference center and a magnet high school for sports-related careers.
Only Boston's Fenway Park (built in 1912) and Chicago's Wrigley Field (1914) are older than Yankee Stadium.
"We pledge to all our fans that this ballpark will be affordable," Levine said.
Tom Singer is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.
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