New ballpark draining Gary coffers, report says

May 12, 2008
U.S. Steel Yard, the baseball stadium Gary officials hoped would draw development into city's downtown, is experiencing mixed success five years after opening, according to the Post-Tribune of Merrillville.

It still isn't making money and the city's stadium fund had $8,000 in it at the end of 2007, down from $15,000 when the year began.

Yet, the home to the minor league Gary SouthShore RailCats has seen attendance climb to 166,000 last year from the 140,000 in 2003.

A couple of small businesses have moved near the stadium, but it hasn't attracted the level of development its promoters hoped for.

Former Mayor Scott King, who built the stadium, said he's gratified that more people are coming to the area, and his successor, Rudy Clay, said several developers are interested looking for money to launch projects.
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