Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
AEG cites progress on Dynamo stadium front
by Ridge Mahoney, August 25th, 2010 2:11AM

MOST READ
TAGS:  houston dynamo, soccer business

MOST COMMENTED

[MLS] At a press conference Tuesday, Anschutz Entertainment Group president and CEO Tim Leiweke provided an update on plans to build a stadium for the Houston Dynamo.
 
Construction is projected to begin on an $80 million stadium project in downtown Houston by the end of 2010, with the team scheduled to begin playing in the facility by the start of the 2012 MLS season. Negotiations are ongoing with the Harris County/Houston Sports Authority regarding a lease and AEG, which jointly owns the team along a consortium led by businessman Gabriel Brener and boxer Oscar De La Hoya, is seeking financing from potential partners.
 
“Substantial progress has been made over recent weeks, and we are confident that these partnerships will be finalized soon,” said Leiweke in a team press release. “Our timeline is aggressive, and our focus is clear.”
 
Populous has been hired as the project’s lead architect, and bids are being accepted from general contractors. ICON Venue Services has been hired as project manager.
 
The stadium capacity will be approximately 22,000. It will be the home field for the Dynamo and Texas Southern University football games. In April, the Harris County commissioners voted approval of a plan to build on a 30-acre parcel east of Minute Maid Park, home of the Major League Baseball Houston Astros.

Since AEG moved the team from San Jose to Houston prior to the 2006 season, the Dynamo has played at Robertson Stadium (capacity: 32,000) on the University of Houston campus.

Under the financial package approved by the city and county authorities, AEG and its partners would fund the $60 million construction cost of the stadium; the other $20 million would be channeled into infrastructure improvements with monies generated by a tax increment reinvestment zone (TIRZ) jointly operated by the county and city.



0 comments
  1. I w Nowozeniuk
    commented on: August 26, 2010 at 10:52 a.m.
    Sharing the proposed stadium with a football team is risky...hope the kahunas figured out what type of grass surface will sustain the two sports.


Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Soccer America Daily
Manchester United and Liverpool in driver's seats    
[INTERNATIONAL FRIENDLIES] Group play in the Guinness International Champions Cup concludes Saturday with four games. Manchester ...
Dayton head coach van Druenen steps down    
[USL PRO: Week 20] Sid van Druenen has resigned as head coach of the Dayton Dutch ...
Kansas City aims to join Seattle in playoffs    
[NWSL: Week 17] FC Kansas City will look to join the regular-season champion Seattle Reign FC ...
U.S. under-23 men's national team roster    
[BAHAMAS CAMP] The U.S. under-23 men's national team roster will hold a five-day camp, beginning Sunday, ...
Revs' Fagundez gets Uruguay U-20 call-up    
[MLS: Friday] The New England Revolution announced that 19-year-old midfielder Diego Fagundez has been called into ...
Our All-Star Game guide: 11 things to do in Portland    
[MLS SPOTLIGHT] There's lots happening around Wednesday's AT&T MLS ALL-Star Game in Portland with an NWSL ...
U.S. attendance records, from Hakoah to Olympics    
[CROWD COUNT] A crowd of 109,000 is expected Saturday at the Big House, home of University ...
What They're Saying: James Rodriguez    
"I'm here just as another player. There are many stars; I'll try to help out." -- ...
2014 NPSL All-League Team    
[AWARDS] Two players each from the NPSL finalists New York Red Bulls U-23s (Victor Manosalvas and ...
U.S. women to face Mexico twice in September    
[DATEBOOK] The U.S. women's national team has scheduled its second and third pre-Women's World Cup qualifying ...
>> Soccer America Daily Archives