PROVIDENCE, R.I. -- The new owners of the Pawtucket Red Sox say a multi-use ballpark in downtown Providence would generate $12.3 million annually in spending for the city and Rhode Island. Team president James Skeffington and a group of consultants unveiled their vision for a new waterfront stadium Wednesday. They say their economic impact study shows the ballpark would create about $2 million annually in tax revenues for the state and about $170,000 annually for Providence. Skeffington said they would invest $85 million to build the stadium, relocate underground utilities and build a 750-car parking garage nearby. He said they would ask for a 30-year exemption from real estate taxes. The proposed ballpark for the Boston Red Sox's Triple-A affiliate would sit on former highway land now owned by the state and Brown University.
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