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
Philly's Curtin: 'I don't want to let the city down'    
[U.S. OPEN CUP: Final] As an organization, the Seattle Sounders have a brief yet rich tradition ...
All MLS teams but Sporting KC on double duty    
[CONCACAF CHAMPIONS LEAGUE: Preview] MLS's five entrants clubs take a combined 5-0-1 record into Matchday 4 ...
Arsenal and Man City look to repeat road feats    
[UCL: Three Games to Watch] The new UEFA Champions League season kicks off with a bang. ...
What They're Saying: Michael Bradley    
"They continue to assign Canadian referees with Canadian teams playing against American teams ... It makes ...
Intentional or not, Blas Perez's goal is amazing     
[VIDEO PICK: MLS Goals of the Week] It's unclear whether FC Dallas' Panamanian striker Blas Perez ...
Spain advances to finals for first time    
[2015 WOMEN'S WORLD CUP] Spain qualified for the 2015 Women's World Cup for the first time ...
Curtin has Union on brink of first trophy    
[OPEN CUP: Final] The Philadelphia Union goes for its first trophy when it hosts the Seattle ...
Soccer America Power Rankings    
[MLS: Week 27] FC Dallas and New England posted important victories to move up the rankings. ...
What They're Saying: NESCAC men's coaches    
"As a supporter, we ask you not engage in any unsportsmanlike actions, which include booing, taunting, ...
AC Milan's Menez brilliantly beats keeper with back-heel     
[VIDEO PICK: Golazo] AC Milan's Jeremy Menez scored one of our favorite goals of the year ...
>> Soccer America Daily Archives