Apr 18, 2013, 5:19 PM EDT
Orlando Mayor Buddy Dyer has announced that the city has spent $8.2 million on an area of land to give to Orlando City Soccer Club to build a new soccer-specific stadium.
According to the report from WFTV Orlando, the total cost of the proposed stadium will be upwards of $110 million and ground breaking could begin as early as December 2013. The proposed stadium will be located a few blocks from Amway Center, home of the Orlando Magic, and approximately eight blocks from the Citrus Bowl, where Orlando City currently plays its home matches.
“I can tell you with certainty that is where we would like to construct the stadium,” Dyer said. “That’s the perfect location. We have the parking already associated with the other facilities in the downtown area.”
Despite records indicating that the land was purchased for more than four times its appraised value, Dyer was adamant that the city did not overpay. “It’s all within the appraisals,” said Dyer, who is hoping other commissioners, lawmakers and MLS will agree the site is worth his $8.2 million gamble.
For now the club is set to contribute $80-100 million to build the stadium and the city will provide the land while the county will likely kick in tourist development tax. Dyer is hoping, however, that the state will provide some funding as well. Currently, MLB, NFL, NBA and NHL teams can all get funding help for new stadiums. The state legislature is expected to decide on whether MLS will qualify for similar funding.
The next franchise that MLS awards will be the league’s 20th team. For years it was believed that franchise would be in New York City but with issues surrounding potential stadium sites in Flushing Meadows and Aqueduct Race Track, places like Miami and Orlando have moved to the front of the line. With Orlando’s land purchase, the city has taken the biggest (and perhaps riskiest) step in making their dream a reality.
Only time will tell when and if Dyer’s gamble pays off.
Apr 17, 2015, 11:40 PM EDT
Storylines ahead of FA Cup semifinal clashes.
Apr 17, 2015, 10:10 PM EDT
Jose Mourinho provided his backing for fellow PL manager Manuel Pellegrini, who could be terminated as Manchester City’s manager at the year’s conclusion.
Apr 17, 2015, 9:13 PM EDT
Final: New York Red Bulls 2-0 San Jose Earthquakes
Apr 17, 2015, 8:01 PM EDT
Beckenbauer on Bayern’s year-end winning aspirations: “They are far away, far, far, far away to win the Champions League.”
Apr 17, 2015, 6:59 PM EDT
Hart: “[Pellegrini] has got principles that we work to, that we train to and, like I say, we’ve let him down…”
Apr 17, 2015, 5:38 PM EDT
PSG striker Zlatan Ibrahimovic had his four-game ban reduced today.
Apr 17, 2015, 4:50 PM EDT
Preview of Everton-Burnley tomorrow morning: Can the Toffees extend their solid form?
Apr 17, 2015, 3:40 PM EDT
Steven Gerrard will hope to exit Anfield with one last crown, an FA Cup trophy, and Aston Villa stands in the way.
Apr 17, 2015, 3:14 PM EDT
Chelsea and United do battle at the Bridge on Saturday. Watch it live on NBC and online at 12:30 p.m .ET.
Apr 17, 2015, 2:30 PM EDT
The US left-back appears to have returned to the national team picture after a prolonged hiatus, and he’s brought with him a special flair.
Apr 17, 2015, 2:10 PM EDT
How will the Blues and Red Devils line up on Saturday? Here’s a quick gander…
Apr 17, 2015, 12:20 PM EDT
As two giants of English soccer collide on Saturday, here’s a trip down memory lane at some scintillating past encounters.
Apr 17, 2015, 11:35 AM EDT
Where and how to watch every single PL game live during Week 33.
Apr 17, 2015, 10:45 AM EDT
Here’s how PST’s Lead Writer and Editor sees things panning out in Week 33.
Apr 17, 2015, 10:00 AM EDT
After alleged smoking of shisha pipe, inhaling nitrus oxide, Liverpool’s youngsters called into Rodgers’ office.
Apr 17, 2015, 9:00 AM EDT
The Western Conference is the place to be this weekend, as it so often will be this season. The East ain’t awful either.
Apr 17, 2015, 8:29 AM EDT
City’s skipper could miss the rest of the campaign with groin injury.
Apr 17, 2015, 7:35 AM EDT
Red Devils will be without four regulars for their trip to Stamford Bridge this weekend.
Apr 16, 2015, 11:16 PM EDT
There are a lot of not-good people in the world, and unfortunately soccer tends to bring that not-goodness out of them.
Apr 16, 2015, 10:06 PM EDT
Poor Jordan Morris. He scores the game-winning goal against Mexico, and a corporate sponsorship makes him ineligible for the MOTM award.
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