With Play on Pause, Sports Teams Forge Ahead With Real-Estate Projects

American sports teams are doubling down on ambitious real-estate projects, despite the coronavirus pandemic that has shut down most live entertainment from coast to coast. This summer, the owner of the Los Angeles Angels baseball team laid out a master plan for 150 acres of apartments, restaurants and retail surrounding the team’s Anaheim, Calif., stadium. A venture of the St. Louis Cardinals and Cordish Co. is set to open a newly constructed apartment tower in the coming weeks, featuring in-unit views of games at Busch Stadium below.