International Award Recognizes Real Estate Projects that Achieve the Highest Standard of Excellence in Innovative Design, Construction, Economics, Planning, and Management
ST. LOUIS, MO (June 5, 2017) – The St. Louis Cardinals and The Cordish Companies are proud to announce that Ballpark Village has been selected as a finalist for the Urban Land Institute’s (ULI) Global Awards for Excellence. Widely recognized as one of the land use industry’s most prestigious awards programs, ULI’s Global Awards for Excellence honor outstanding development projects on an international platform in the private, public, and nonprofit sectors. The Awards for Excellence program, established in 1979 and subsequently expanded to a global program, recognizes real estate projects that achieve the highest standard of excellence in innovative design, construction, economics, planning, and management. The Cordish Companies has been awarded an unprecedented seven ULI Awards for Excellence, more than any other developer in the world. Ballpark Village is one of two finalists this year for The Cordish Companies.
“We are incredibly honored that Ballpark Village was selected as a finalist this year for the ULI Global Awards for Excellence,” stated Blake Cordish, Vice President of The Cordish Companies. “The ULI Global Awards for Excellence is the most prestigious award in urban development and most importantly recognizes projects that make a significant positive impact on their communities. We are proud to have delivered a world-class project with our partners, the Cardinals, that is playing such a significant role in the growth of St. Louis.”
Ballpark Village, a partnership between the St. Louis Cardinals and The Cordish Companies, represents a groundbreaking approach to urban development, the first time a professional sports venue was master planned and fully integrated into a broader mixed-use development. Ballpark Village has played a pivotal role in the revitalization of downtown St. Louis since opening in 2014, employing 1,700 and welcoming over 10 million guests in its first three years.
Based on the success of Phase I, the St. Louis Cardinals and The Cordish Companies recently announced a dynamic $220 million, 550,000 square foot second phase that includes a 29-story, high-rise luxury residential tower, the first Class-A Office Building in downtown St. Louis in nearly thirty years, and additional retail, restaurant and entertainment space.
“Ballpark Village has had a huge impact not only by enhancing the game day experience for our fans, but also acting as a vibrant year-round attraction for downtown St. Louis,” said Bill DeWitt III, President of the St. Louis Cardinals.
Twenty-five finalists were selected by an international jury made up of ULI members representing a multidisciplinary collection of real estate development expertise, including finance, land planning, development, public affairs, design, and other professional services. A group of winners chosen from the finalists will be announced in October at the 2017 ULI Fall Meeting in Los Angeles.
“Each of the finalists demonstrate a thoughtful, innovative approach to urban development that is adding to the sustainability and livability of the communities in which they are located,” said Global Awards Jury Chairman Wendy Rowden, president, 42nd Street Development Corp., New York City. “The attention paid to project detail, flexible design, and neighborhood context were among the factors making these entries stand out. They represent the type of development that will withstand the tests of time and change.”
For more information on Ballpark Village, please visit www.stlballparkvillage.com.
About the Urban Land Institute
The Urban Land Institute is a nonprofit education and research institute supported by its members. Its mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Established in 1936, the institute has more than 40,000 members worldwide representing all aspects of land use and development disciplines, including more than 2,000 in the Asia Pacific region. For more information on ULI, please visit uli.org or follow us on Twitter, Facebook, LinkedIn, and Instagram.
About The Cordish Companies
The Cordish Companies’ origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Commercial Real Estate; Coworking Spaces; Entertainment Districts; Gaming; Hotels; International Development; Private Equity; Residential; Restaurants; and Sports-Anchored Developments. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. Prime examples are The Cordish Companies’ prominent role in the redevelopment of Baltimore’s world famous Inner Harbor; Philadelphia, PA; Atlantic City, NJ; Charleston, SC; Houston, TX; Louisville, KY; Kansas City, MO and St. Louis, MO. In addition, The Cordish Companies has developed and operates multiple highly acclaimed entertainment destinations throughout the United States which welcome over 50 million visitors per year and are the most visited destinations in their respective regions. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created. For more information visit www.cordish.com or follow us on Twitter.
“The Cordish Companies,” “The Cordish Company” and “Cordish” are trademarks used under license by independent corporations, legal liability companies and partnerships (“Cordish Entities”). Each Cordish Entity is a separate, single-purpose legal entity that is solely responsible for its obligations and liabilities. No common operations or financial interdependency, and no intermingling of assets or liabilities of the Cordish Entities exists, or should be deemed to exist, as a result of the potential common reference to multiple independent entities operating under the names “Cordish,” “The Cordish Companies” or “The Cordish Company” here or elsewhere.
About the St. Louis Cardinals
The St. Louis Cardinals are one of the most storied franchises in all of baseball. Since joining the National League in 1892, the Cardinals have won more than 9,800 games, finished in first place 25 times winning 3 National League Eastern Division Titles, 10 National League Central Division Titles, 19 National League Pennants and 11 World Series Championships. There are 48 former Cardinals players, managers and executives enshrined in the National Baseball Hall of Fame in Cooperstown, New York. #STLCards