The developer would not offer an answer to the second question, saying only “there are multiple financing options that require no direct incremental burden on local taxpayers.”
On the other hand, we do have a better idea about the first question. The developer proposed five different stadiums packages with a range of costs. Here are the three main proposals…
- Open air stadium (No roof or retractable roof). And the back wall would also be open air — $424 million
- Fixed roof stadium with a transparent back wall — $541 million
- Retractable roof stadium with a transparent back wall — $570 million
Also, for options 2 and 3, the back wall can become retractable. That adds about $7.5 million to the cost. So the maximum cost of the stadium (retractable roof and wall) is about $577 million.
For comparison, the new ballpark in Miami cost a little under $650 million.
Of course, this doesn’t include infrastructure costs, such as widening roads or adding parking. So there are certainly more costs involved. But this is the pricetag on the stadium itself.