The Missouri Development Finance Board recently approved $17 million in borrowing that will help pave the way for construction to begin next month on the long-planned, but stalled, Ballpark Village project adjacent to the St. Louis Cardinals’ Busch Stadium.

The aid is earmarked for the first $90 million phase of the project. The mixed use retail, office and residential development is proposed for a seven-block site on land that formerly housed the previous Busch Stadium.

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