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The Cordish Cos. prepares for second phase of St. Louis development

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The Cordish Cos. prepares for second phase of St. Louis development

The Cordish Cos. is preparing to move forward on the second phase of construction near the baseball stadium in St. Louis, after the city’s Board of Aldermen narrowly approved a tax deal to support the project.

The St. Louis Cardinals opened the stadium in downtown St. Louis in 2006, with plans to transform the site of their former home nearby into offices, residences, shopping and restaurants.

The team, which is privately owned and controlled by the DeWitt family, selected Baltimore-based Cordish in 2005 as developer for the joint venture. The family-owned firm is known locally for Power Plant Live and the Maryland Live Casino. It has worked on several sports-anchored districts elsewhere, including with the Texas Rangers and the Atlanta Braves.

The first Ballpark Village buildings in St. Louis opened in 2014 after a slow start. That $100 million phase included a Cardinals Hall of Fame and Museum, bars and other entertainment venues.