Inter Miami CF and the City of Fort Lauderdale have agreed a deal for the football club to lease the Lockhart stadium site in the city.
Inter Miami CF will now push ahead with structural and foundation construction of the site as it prepares to launch its inaugural season in Major League Soccer (MLS) in March 2020 in Fort Lauderdale.
Inter Miami will fully fund the Lockhart property renovation estimated at $60 million and agree to operate and maintain the site throughout the 50-year agreement, while the City of Fort Lauderdale retains ownership of the property.
This includes building an 18,000-capacity, multi-purpose soccer stadium, a training facility, multiple soccer fields and a turf field.
The property will also feature several community amenities for public use, including running and walking trails, green space, a playground, a dog park as well as fields and facilities.
Inter Miami will play its first two MLS seasons in Fort Lauderdale before moving to Miami. The site will continue to be the club’s permanent training facility for all teams and home for its youth development Academy and United Soccer League (USL) affiliates.
The City of Fort Lauderdale will have access to the stadium and the turf field for high school games, community events and concerts as pre-determined and agreed upon by the Club.
Inter Miami CF managing owner Jorge Mas said:
We are thankful for the tremendous collaboration from the City of Fort Lauderdale in helping us finalise this agreement and proceed with the next phase of construction following demolition that concluded in late June.
We are working diligently to finalise many elements of the Club to bring our fans closer to their first match, including bringing on corporate partners, signing players and unveiling a seating plan for the thousands of supporters across South Florida who have already secured their season ticket deposits in the coming months.
Fort Lauderdale Mayor Dean J. Trantalis said:
The agreement with Inter Miami CF is the beginning of an exciting future for Fort Lauderdale that brings more recreation and sports opportunities to residents with the soccer group shouldering the cost. Fort Lauderdale acted quickly and decisively to secure this arrangement that moves our city to the next level as a quality place to live.
Together we greatly expand soccer opportunities for our youth and obtain a signature public park while also gaining an important role in the future of professional soccer in America. I would like to thank Jorge Mas and David Beckham for bringing this possibility to our city, and I look forward to a long future with them.