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Statement Regarding Proposed Baseball Stadium

Statement Regarding Proposed Baseball Stadium

Joint Statement from the Town of Leland and REV Entertainment

Over the last 18 months, the Town of Leland has been exploring a proposal to potentially bring minor league professional baseball to the area. After careful consideration, the Town and REV Entertainment have mutually decided not to proceed with the proposed baseball stadium at this time. 

Since entering into an agreement with Brunswick County, Jackeys Creek Investors, and REV Entertainment in Oct. 2022 to investigate a potential baseball stadium and entertainment venue, the Town has been taking the necessary steps of due diligence to appropriately consider it, as it would do with any other opportunity presented. This included a feasibility study to determine whether the 1400-acre property could support the cost of a stadium itself. The study’s final report indicated that under a highest and best use scenario, the development would generate enough tax revenue to pay for the stadium over a 25+ year period. 

There are many additional questions that still need to be addressed regarding the proposed project. The Town has been identifying and discussing these questions with the developer and REV Entertainment, while also contemplating public input received, both positive and negative, since the proposal was first introduced and since the study report was issued. Although the conversation surrounding building a ballpark in Leland is pausing for now, there is hope it will continue in the future.

The Town of Leland thanks REV Entertainment for their interest in the region and their courtesy and professionalism throughout this process and looks forward to working with them again in the future if the opportunity presents itself.

The Town continues to be open to ideas, creative projects, innovative developments, public-private partnerships, and other unique proposals, and will explore them when presented, as is appropriate for a Town in a growing region.

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