Washington D.C. and D.C. United Have a Unique Stadium Deal

The MLS franchise D.C. United are looking to build a new stadium to replace their current home, 53-year old RFK Stadium. As a result, the franchise has been negotiating with Washington D.C to get a new stadium built since 2006. Fortunately for United fans, the City and the franchise were able to agree to an…interesting stadium deal, before the end of 2013.

The new stadium will be located at Buzzard Point, a few blocks away from Nationals Park — home of the Washington Nationals. Apparently, the hope is to make the area around the two stadiums into an entertainment district “…in a long-ignored part of Southwest D.C”-Michael Neibauer

The current financing plan for the stadium deal calls for the City to put in $100 million to purchase the land, and $40 million (capped at $50 million) for environmental issues that could crop up at the site. As for the financing of the stadium’s construction, that falls on D.C United in its entirety. Continue Reading->

 

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1 Comment

Filed under Sports

One response to “Washington D.C. and D.C. United Have a Unique Stadium Deal

  1. If only Tampa Bay could get a new stadium.

    Unfortunately, we’re still a few solid years away from that happening.

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