Kansas City Royals Building New Ballpark at Crown Center in $3 Billion Project

The Kansas City Royals are moving from their longtime home at Kauffman Stadium to the downtown Crown Center area, partnering with Hallmark Cards on a $3 billion project that includes a mixed-used development with a new ballpark as its centerpiece.

Royals owner John Sherman was joined by Hallmark chairman Don Hall Jr., Missouri Gov. Mike Kehoe and Kansas City Mayor Quinton Lucas, along with other local and state dignitaries, in making the announcement Wednesday near Hallmark headquarters.

While the finalized master plan has yet to be complete, Sherman said the $1.9 billion stadium would break ground next year in the middle of Crown Center as part of the first phase of an 85-acre project. Two-thirds of the funding will come from private sources and the remaining one-third from public partners, including money earmarked by the state for stadium projects.

"This is a partnership between two treasured Kansas City institutions," Sherman said. "We are committed to creating a vision which honors our history, the rich past of both organizations, while reinvigorating and reimagining what our future can be together."

The announcement came about a week after Kansas City officials passed an ordinance authorizing City Manager Mario Vasquez to negotiate a $600 million deal to help the Royals move downtown. Most believed the stadium would sit on Washington Square Park, which is next to Union Station, but it will instead be located just south of it, with the park featured in the development.

Hallmark intends to build a new headquarters in the area, which is connected by a streetcar to the Power & Light District, where the T-Mobile Center serves as its anchor. That part of downtown Kansas City will provide the backdrop beyond the outfield