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
Nothing but net for Arsenal youngster Gedion Zelalem    
[VIDEO PICK: Off the Post] In our latest addition of soccer players excelling at other sports ...
What They're Saying: Sigi Schmid    
"It's been sort of a strange rhythm ... it's going to be a hectic August for ...
Manchester City romps before record Pittsburgh crowd    
[INTERNATIONAL FRIENDLIES] English clubs made it three-for-three in the Guinness International Champions Cup as Manchester City ...
Kleberson winner gives Indy Eleven second win    
[NASL: Fall Week 3] Brazilian World Cup 2002 champion Kleberson scored deep into stoppage time to ...
Naho paces Reign in rout of rival Thorns    
[NWSL: Week 16] The Pacific Northwest battle of this year's leader, Seattle, and last year's champion, ...
Ocala Stampede shocks defending champion Austin    
[PDL] The Ocala Stampede got goals from Karamba Janneh and Ilija Ilic to beat the defending ...
Rochester ends Orlando's unbeaten streak at 18 games    
[USL PRO] Colin Rolfe's goal gave the Rochester Rhinos a 1-0 win over first-place Orlando City, ...
Valeri does it against for Portland    
[MLS: Sunday] For the second week in a row, Diego Valeri scored a late winner to ...
Diskerud's Rosenborg falls off pace    
[AMERICANS ABROAD] Mix Diskerud's Rosenborg dropped a 3-1 decision at first-place Molde, falling 12 points behind ...
Cal South teams clean up Sunday at National Championships    
[U.S. YOUTH SOCCER] Cal South teams won five of the 10 titles decided on Sunday as ...
>> Soccer America Daily Archives