Tonight before the City Council the Republic FC requested
and received approval of a preliminary term sheet outlining the high-level
details of the stadium construction in the Sacramento Railyards. Team officials said they would privately finance
the construction budget but they are crediting public agencies with an
additional $46 million on top of the $180 million number in infrastructure improvements
made throughout the railyard site.
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| Proposed $180 million Sacramento Soccer Stadium |
The planned $180 million Major League Soccer stadium in
Sacramento’s downtown railyard would seat 25,000. If Sacramento was awarded a
MLS expansion team next year, the stadium could be opened by March 2018. The
Republic FC has said they are not seeking a subsidy from the city, the City
Council is being asked for $100,000 in hotel tax revenue to fund consulting
work for the project and to split revenue with the city on a parking structure
that may be built on city property near the stadium.
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| Proposed $180 million Sacramento Soccer Stadium |
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| Proposed $180 million Sacramento Soccer Stadium |
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| Proposed $180 million Sacramento Soccer Stadium |
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