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.
Jul 28, 2014, 10:13 PM EDT
Belgian international intends to stay at White Hart Lane, with a new, five-year deal on the table.
Jul 28, 2014, 9:17 PM EDT
Napoli, Borussia Dortmund linked to the potential United castoffs.
Jul 28, 2014, 8:22 PM EDT
Colombian international expected to play Saturday against Valencia.
Jul 28, 2014, 7:37 PM EDT
Time in the NASL will give the 24-year-old needed minutes.
Jul 28, 2014, 6:48 PM EDT
Brazilian’s injury testing United’s depth on the right side.
Jul 28, 2014, 5:54 PM EDT
U.S. international’s knee surgery will sideline him for “several weeks.”
Jul 28, 2014, 4:57 PM EDT
Two Saints look to follow their former manager to North London.
Jul 28, 2014, 4:03 PM EDT
Timber’s game-winning goal in Montréal separated him from a tight field.
Jul 28, 2014, 3:20 PM EDT
After two on-pitch selfie’s occur with players over the weekend, security needs to be stepped up.
Jul 28, 2014, 2:50 PM EDT
Could Neymar represent Brazil at the 2016 Olympics in Rio?
Jul 28, 2014, 2:20 PM EDT
Besic, 21, has signed a five-year deal with the Toffees.
Jul 28, 2014, 1:43 PM EDT
Bale smashes in an absolute beauty from distance. Check it out, here.
Jul 28, 2014, 12:58 PM EDT
After selling over $170 million of talent so far this summer, what are Saints playing at?
Jul 28, 2014, 11:52 AM EDT
Boyd out after injury in Queens Park Rangers friendly.
Jul 28, 2014, 11:25 AM EDT
He may be one of the best soccer players the planet has ever seen, but Messi is not above the law.
Jul 28, 2014, 10:51 AM EDT
Arsenal splash the cash to sign 19-year-old Southampton academy graduate.
Jul 28, 2014, 10:25 AM EDT
Did Remy fail a medical at Liverpool? ‘Arry isn’t buying it.
Jul 28, 2014, 9:20 AM EDT
Clegg, Downing Street, discuss Russia hosting the 2018 World Cup.
Jul 28, 2014, 8:44 AM EDT
If you use the hashtag #AskJesus, expect to get results like this.
Jul 28, 2014, 8:04 AM EDT
Atletico add Griezmann to partner Mandzukic in new-look attack.
- Van Gaal, Manchester United ready to move on from Fellaini, Kagawa 0
- Radamel Falcao on track to return at weekend’s Emirates Cup 0
- PST’s Major League Soccer Player of the Week: Portland’s Diego Valeri 0
- The great Southampton exodus continues. Why is this happening? 6
- Arsenal confirm $27 million signing of Calum Chambers 1
- Manchester City host #AskJesus (Navas) Twitter chat, hilarious comments ensue 1