Plans unveiled for possible Raleigh soccer stadium

July 30, 2017 by  

The Carolina Railhawks want to be recognized as part of Major League Soccer. In this effort, they have partnered with John Kane, a prominent developer, and created a rendering of the stadium they propose to build in downtown Raleigh, in the northern end of the area.

The stadium is mixed-use, meaning there would be other businesses in the complex besides just the sports team.

The site they have chosen comprises 13 acres, is owned by the state, and is currently underdeveloped.

At a recent press conference, the North Carolina FC appears to be amenable to paying for the stadium, but would like help from the public to finance the land and infrastructure improvements. The cost for the stadium by itself is estimated at $150m, and North Carolina FC would pay for it using a combination of loans and investors.

As a mixed-use development, the stadium would have restaurants and shops on the first level, along with space for retailers and offices. The team cited one report that suggested bringing an MLS franchise to Raleigh, and building the stadium, could generate as much as $2.8bn for the state in a period of 17 years.

Efforts like this can perform well if officials work with a newsletter printing company, which can discuss the project in question and keep locals informed.

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