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 20, 2014, 7:36 PM EDT
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Apr 20, 2014, 6:41 PM EDT
Bedoya’s fifth Ligue 1 goal was part of a 6-2 win.
Apr 20, 2014, 5:45 PM EDT
Atletico Madrid is now 3 wins away from its first La Liga title since 1996, while Barcelona and Real Madrid can only hope for big mistakes
Apr 20, 2014, 5:01 PM EDT
The Timbers fell to 0-3 on the road this season with Saturday’s 1-0 loss, complicating an already head-scratching start to the year that has Portland in second-to-last place out West at 0W-3L-4T.
Apr 20, 2014, 4:21 PM EDT
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Apr 20, 2014, 3:29 PM EDT
Arlo White and Graeme Le Saux break down how having a clear identity continues to push Everton above teams while Manchester United’s lack of an identity continues to hurt the team.
Apr 20, 2014, 3:20 PM EDT
With domestic success and European disappointment, Paris Saint-Germain has decided to extend Blanc’s contract and the manager says it will be finalized in the coming days.
Apr 20, 2014, 2:53 PM EDT
After Toffees do the double over United, Martinez praises Moyes work and his own side:
Apr 20, 2014, 2:40 PM EDT
Luis Suarez and Raheem Sterling combined for Liverpool’s second goal, and video showed it wasn’t a fluke they knew exactly where their teammate was going to be.
Apr 20, 2014, 2:15 PM EDT
Everton’s old boss the villain on return to Goodison, as pastures new prove to be a nightmare:
Apr 20, 2014, 1:42 PM EDT
With the cheekiest of chips, Dimitar Berbatov sent Monaco to the Champions League with his winner against Nice.
Apr 20, 2014, 1:09 PM EDT
Randy Lerner released a pretty useless statement on the Villa website today, refusing to rule out a sale of the club which has been reported in recent days.
Apr 20, 2014, 1:01 PM EDT
Nightmare return for Moyes, as Everton do double over United for first time since 1970:
Apr 20, 2014, 12:35 PM EDT
The US Soccer Federation president talks USWNT coaching search, men’s World Cup goals, and MLS growth with NBC’s John Strong.
Apr 20, 2014, 12:04 PM EDT
Red Devils rocking, as Everton come out flying:
Apr 20, 2014, 11:55 AM EDT
With the Miami port vehemently against the new stadium deal, Miami’s mayor comes to Beckham’s side.
Apr 20, 2014, 11:03 AM EDT
Aaron Ramsey and Mesut Ozil were back in the starting lineup and Arsenal looked like a rejuvenated bunch.
Apr 20, 2014, 10:31 AM EDT
David Moyes returns to his old home as Everton continues their fight for a Champions League place.
Apr 20, 2014, 9:47 AM EDT
It’s been nearly five months since his last goal, but Aaron Ramsey picked up where he left off to give Arsenal the lead at KC.
Apr 20, 2014, 8:56 AM EDT
Raheem Sterling shined and they held off a charging Norwich at the end to go five points clear at the top.
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