The Washington commanders reached a $ 3.7 billion agreement with the Columbia region to build a 65,000 stadium in the country’s capital.
The commanders of the commanders announced the development project on Monday, the NFL team, at least $ 2.7 billion financing the NFL team and the development of $ 500 million for DC’s infrastructure towards the stadium.
The use of the taxpayer money must be approved by the DC Municipal Assembly.
The site, between 1961-96 for 35 seasons of the team’s former house RFK Stadium, including about 177 acres. In 1997, the franchise moved to what is called Landover, the Northwest Stadium on the MD. The team’s rental extends to 2027 and can be extended while waiting to make a move.
Harris aimed to open my new stadium until 2030.
The property group had thought about options in Maryland and Northern Virginia, where the commanders’ training facility was based. Harris told the team to “come home” at a press conference on Monday.
“Now we want to bring the commanders home with a new RFK that our fans will love, our opponents will be afraid.” He said. “It will be loud. We want to do it about football, but also about the city and community. And we want to host the world’s largest and best activities.
“When our property group started this journey two years ago, we created three open priorities.” “Create a championship caliber team, improve the fan experience and create a positive effect on this community. Today’s announcement is an important part of this vision. Let’s come home.”
Harris called this as the only one’s largest private investment in the history of DC.
“This project is much more than building a stadium,” he said. In DC, thousands of new jobs here, thousands of new tax revenues, thousands of new houses, partnerships with local businesses, partnerships with local enterprises and our community, which means about 90 acres of mixed use development, is a generation opportunity to create a catalyst for transformational economic growth. “
According to the city, the DC government will use the sports facilities fee for the $ 500 million investment that does not require deductions in the business budget. The development of the park will be financed by an income bond fund of $ 175 million with in -stadium activities after operating.
Taxpayers may provide more than $ 1 billion funds, including parking facilities, recreation and water and electrical infrastructure.
According to a news bulletin, the entire campus is expected to form up to 6,000 houses, including at least 30 percent affordable housing. The plan also includes a SportSplex of $ 89 million for retail, restaurants, entertainment, hotels and extended recreation facilities.
“Our agreement with Washington commanders is the fastest and most precise way to improve the RFK campus,” the Bowser news conference. He said. “And not only provides sports and entertainment, but also offers housing, work, recreation and economic development.
“We will be able to deliver thousands of houses here,” he continued. “For our children, it will offer a first -class, community -oriented sportSplex. It will create a parking space and build rivers and trails. It comes to create business for DC residents and support what our entire city needs.”
NFL commissioner Roger Goodll said he had growth memories in Washington, DC and went to games at the RFK Stadium.
“We are grateful for the vision and determination of Josh Harris and the leadership of Mayor Bowser in the future. He said. “This world -class stadium will not only be an exciting site for NFL games and events in an iconic position, but also a community presence and an economic driving force.”
-FELD level media
