Monday, June 8, 2015

DC United Stadium Deal Finalized

It was announced today that the District and DC United have finalized an agreement to build a new soccer stadium at 2nd and R streets on Buzzard Point. According to the press release: 
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. 
There were some reports in the media last week that the team was considering moving to Loudoun County at the last minute, but the city and team have come to terms on an agreement which keeps the team in DC. The deal calls for the District to finish acquiring the land needed for the stadium footprint by September 30. At that time, road closures around the stadium site will commence and demolition will begin by October. Akridge still owns a portion of the land needed for the stadium and the city will need to use eminent domain if the two parties cannot come to an agreement on price.

The 20-25,000-seat stadium is scheduled to be completed by the 2018 season. A formal press conference is scheduled tomorrow morning at 11am, after which the DC Council will take up legislation for the road closures (see below).

Rendering courtesy of DC United

1 comment:

Anonymous said...

All it took was the threat of going to NoVa to light a fire under the D.C. City Council. Go United!