Despite nervousness over the nation's deepening financial crisis, the developers of a new minor league baseball stadium in Burnsville on Wednesday said they're still ready to play ball.
The $30 million home field for the fledgling Metro Millers is moving ahead, team co-owner and developer Terry DeRoche told more than 100 business leaders and public officials.
DeRoche said that when the project was announced in June, nobody could have predicted that the nation would soon be in the middle of its worst economic crisis in 80 years.
He told those munching on hot dogs and other ballpark fare at a Burnsville Chamber of Commerce luncheon that the project was 100 percent privately financed.
The news that the stadium project is still on was welcomed in Burnsville, where many await further details to be released in late October. They include the identity of a team manager and information on marketing efforts and whether public stock will be offered.
"Over the last 30 to 60 days, largely due to the economic issues in our country, people were beginning to become a little skeptical about the project moving forward," said Ken Slipka, a leading Burnsville baseball booster and former CEO of Force America Inc. "This was reassuring," he said of the presentation.
Economic jitters worrisome
"It's been unsettling for everyone," DeRoche later said of the economy.