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The city of Fayetteville
hopes to hit a home run
by building a baseball
stadium downtown
on Hay Street that
will house a minor
league affiliate of the
World Series champion
Houston Astros.
Construction of the $37.8 million
project is well underway and on
schedule to be ready for the 2019
season opener in April.
But there is much more than
a baseball stadium in play in this
high-stakes investment. City and
Astros officials believe it could be the
catalyst to create a dramatic change
in downtown Fayetteville by making
it an entertainment and business
destination.
One company, Prince Charles
Holding, already has announced plans
for a $65 million investment that will
include a hotel with rooms looking
down into the stadium, a parking
garage and a transformation of the
historic Prince Charles Hotel that will
convert it into apartments by March of
next year.
Fayetteville team president Mark
Zarthar is excited about the prospects.
"I thought I was coming here to
run a baseball team but that's not
necessarily the case," he said. "It's more
of an entire city developmental project
in conjunction with the real estate
developers and the city of Fayetteville.
It's much bigger than baseball. No
matter how many tickets we sell or
how well we do as a team, we won't
be considered a success unless the
downtown revitalization is considered
a success as well."
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