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Yankees to build US$120M baseball-tourism complex in Dominican Republic

Santo Domingo.- ‘Latino Baseball Town’, to be built at a cost of more than US$50 million, will boast a modern stadium to Major League Baseball standards, the New York Yankees announced  in La Romana (east) on  Monday.

In a press conference in the National Palace, Yankees vice president Felix Lopez and Latino Baseball Hall of Fame founder and president Robert Weil said the stadium will be the project’s first phase, be called “Latin Center Stadium,” in Benerito, La Altagracia province, around 20 kilometers east of La Romana.

They said the privately funded project will be developed under the concept of financial engineering, which takes into account the protection of the environment and the use renewable energy. It also ensure transparency on the investments.

“This project would be a major boost to president Danilo Medina’s efforts to promote tourism and will have a major global impact,” Lopez said. “The goal is to try to have a stadium with the qualities the majors demand, with certain rules that were going to meet, where the stadium will be a jewel in the Americas.”

For Weil, the project is based on Dominican Republic’s credibility as the region’s baseball leader, noting that the entire project’s cost of US$120 million will include several sports and tourism areas.

Also present in the press conference were Yankees executives Joel Lithgow, of the Bronx Bombers’ local academy; Stan Maradith, president of DLR Group, and Emmanuel Garcia, head of the club’s Latino affairs, among others.

“We’re taking on a project, with which we tell president Danilo Medina that since his goal is to bring 10 million tourists, we have a platform that is baseball, and we encourage those tourists to come here, so that’s the intention of this group,” Weil said.

Source: DT

Category: DR News |

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Last updated October 21, 2016 at 11:57 PM
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