Sports
Stadium Bond Sales Revive as Minor League Baseball Shuffles Deck
- Spartanburg, South Bend borrows to build, refurbish stadiums
- Spartanburg sees Fifth Third Park opening for 2025 season
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The new look of US minor-league baseball took a curtain-call last week as Spartanburg, South Carolina, sold bonds to build a stadium for the Hub City Spartanburgers, a Low-A level affiliate of the Texas Rangers.
Spartanburg, a city of 38,732 in the upstate region of South Carolina, sold $63.8 million in revenue bonds to build the 5,000-seat Fifth Third Park stadium, which is slated to cost $100 million and open in time for the 2025 season. The bonds are backed by a mix of rent, fees and taxes. The city and county are contributing another $59.4 million to the project.