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DC United to build a new $300 million soccer stadium in the District of Columbia

DC United  to build a new $300 million soccer stadium in the District of Columbia

Introduction:

District of Columbia Mayor Muriel Bowser announced a final agreement between the District government and DC United that clears the way for DC United to build a new soccer stadium in the District of Columbia.

Features:

The soccer-only stadium will be located on Buzzard Point in southwest Washington, a largely neglected industrial site that's about a mile away from Nationals Park. District leaders had already approved spending $140 million to acquire the land for the site and giving another $40 million in tax breaks. The team will spend $150 million to build the stadium itself.

The signed agreements include improved deal terms which will result in better financial protections for District of Columbia residents, clarify the size and timeline of the stadium, and strengthen community engagement.

This agreement will add vibrancy to a neighborhood on the banks of the Anacostia River and generate jobs for District residents as my Administration creates pathways to the middle class. With this agreement, Washington, DC, remains the #SportsCapital, and Washingtonians stand together to declare: Vamos United!

Specifications:

Name DC United
Location Washington
Type Soccer Stadium
Team Spends $150 million
District Leaders Spending $140 million

 

dc.gov 

sports.yahoo.com

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