This $36 Million Dollar project for Biloxi will be breaking ground May 2014 in a hurry for the 2015 season. The stadium will be called Caillavet Park and will be located directly across from the Beau Rivage Casino and Resort on Highway 90 / Beach Blvd. and at the most southern end of Interstate 110. "This project is not just about baseball. It's about entertainment. It's about economic development. It's good for Biloxi. It's good for South Mississippi. It's good for the entire state," said Mayor Holloway.
Property values around this area will be increasing as the stadium is completed. The Vieux Marche area especially will see an increase in retail space leasing and sales. Property values in this area have been stagnant due to the high insurance rates post Hurricane Katrina. Only time will tell how high real estate values will go. But with the area already having the Hard Rock Casino and Beau Rivage Casino bringing in massive amounts of tourism and gaming dollars, the future looks bright for the Downtown Biloxi area.
Real estate investors looking to invest in this area can call Real Estate Broker, Justin Allen, of NextHome E-Realty at (228) 697-4636 for more information on investment opportunities.
Update 4/25/14 - MGM Park
Looks like the Baseball Stadium will be named MGM Park due to the Beau Rivage's parent company (MGM) leasing the land under the stadium to the City of Biloxi for $1 per year. Signs are already in place with the new name MGM Park, and heavy machinery is on site working toward the highly anticipated 2015 Baseball Season.
Update 7/24/16 - MGM Park, Home to the Biloxi Shuckers
The stadium is done and the fans have spoken... baseball is here to stay! The 2015 season went well and the public loves having a sports team local to the Mississippi Gulf Coast. Nearby businesses love having more foot traffic and the casinos and tourism industry can advertise that we have more than just slot machines here to enjoy. For more information on Biloxi Shuckers Baseball, please go to their website www.BiloxiShuckers.com.