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Public incentives for second phase of Ballpark Village could reach $65 million

Updated at 5:30 p.m.

And now, phase two.

Two years after opening their bar, restaurant and entertainment hub next to Busch Stadium, the St. Louis Cardinals are ready to resume building at Ballpark Village.

Bill DeWitt III, the Cardinals' president, said Tuesday the team and its development partner hope to begin construction of the $220 million next-phase project by next fall. Completed about 18 months later would be an office building, a retail center and a 29-story apartment tower across Clark Avenue from Busch Stadium's center field.

DeWitt said in an interview the "confluence" of an improving economy and low borrowing costs are prompting the team and its development partner, Cordish Cos.