D.C. United has released the latest renderings of its proposed Buzzard Point stadium this week in the lead up to the first D.C. Council hearing on the project.
“A stadium for all” is what the team titled a letter to its season ticket holders, which urges all stadium supporters that are current Washington D.C. residents to show their support and speak to the council members on the importance of getting the stadium approved.
As part of the stadium deal, the District will spend up to US$150m to acquire the site and prepare the land, while the team will finance the stadium construction; with the help of some long-term tax incentives.
Several council members have expressed a healthy skepticism of the complex arrangement struck between the District, D.C. United and landowners Akridge, Pepco, Mark Ein and Super Salvage, but those involved are quietly confident they will have seven council votes to pass it before the end of the year.
Matt Klein, President of Akridge – the company which, as part of the deal, will acquire the Reeves Center at 14th and U streets NW from the District in return for roughly 25% of its Buzzard Point holdings and $US35m in cash – said:
The deal holds well together as a package.
Tom Hunt, Chief Operating Officer at D.C. United said in a recent statement:
From the moment we signed our stadium agreement with the city in July, 2013, we have been diligently working with key stakeholders within the D.C. government to make our stadium plans a reality. This is our field of dreams, and it will be a catalyst for economic development at Buzzard Point that will generate US$204m in tax revenue for the city during the stadium lease term and create over 1,550 jobs.
For almost two decades, it has been D.C. United’s mission to serve the community and this new facility will reinforce our long-standing commitment to making Washington, D.C., and the surrounding region a better place to live, work and play. In 2013 alone, team members and other employees partnered with 50 local groups, contributed more than 700 hours of volunteer work, donated 10,000 books to area schools and, through its Kicks for Kids program, brought 3,000 disadvantaged youths to our home games. Additionally, through our partnership with the U.S. Soccer Foundation, the United Soccer Club has taught soccer and mentored skills to nearly 7,000 underprivileged District kids.
The D.C. Council will hold its first public hearing on the stadium plans on June 26, 2014.
Prior to the hearing, we are pleased to provide you with an exclusive look at renderings of our new home. Click here to see our vision for a world-class stadium in a world-class city. Our number one goal is to make this stadium a place for all D.C. area residents to enjoy by hosting numerous events ranging from Major League Soccer and International friendlies, to high school and college lacrosse, football and rugby, concerts, cultural events, meetings and banquets, and much more.
Source: D.C. United and Washington Business Journal.
Image credits: Populous and D.C. United.