Cost of New Yankee Stadium Up to $1.3B
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The New York Yankees’ new stadium will have party suites, a members-only restaurant, a martini bar, and a price tag to match all the luxury — $1.3 billion, up from a $1 billion estimate last year, the team said yesterday.
“We tried to reflect a five-star hotel and put a ballfield in the middle,” said the Yankees’ chief operating officer, Lonn Trost, who hosted a media tour of the new stadium, which he said is on schedule to welcome fans on Opening Day 2009.
The new ballpark, in the Bronx directly across the street from the old House that Ruth Built, is now a welter of cranes and construction trailers, with hard-hatted workers instead of Derek Jeter and Alex Rodriguez patrolling the infield.
The granite and limestone exterior is designed to evoke the Yankees’ original 1923 stadium before it was remade in the 1970s.
