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Council approves 25-year lease extension, $20M stadium upgrades for San Jose Giants
Summary
The council unanimously approved a 25-year amended and restated lease with DBH San Jose LLC (San Jose Giants) that includes an estimated $20 million in private stadium improvements and a $5 million city reimbursement paid over seven years starting FY 2027–28.
San Jose City Council on March 4 approved a 25-year amended and restated lease with DBH San Jose LLC for Excite Ballpark (San Jose Municipal Stadium), committing to a privately financed modernization of the facility and a city reimbursement of $5 million spread over seven years beginning fiscal 2027–28.
Under the agreement, the San Jose Giants and their ownership group, Diamond Baseball Holdings (DBH), will invest roughly $20 million to $25 million to modernize the 83-year-old stadium. Planned improvements include a new approximately 18,000-square-foot clubhouse, upgraded batting cages and…
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