Ground lease approved for Nashville's Major League Soccer stadium

RFQ looks for construction budget of $190 million for 27,500-seat, LEED Silver stadium

Nashville’s Board of Fair Commissioners has approved a ground lease allowing city fairground property to be used for a Major League Soccer (MLS) stadium, Tennessean reported. The 30-year agreement between the fair board and the Nashville Sports Authority will lease land to the authority to build the stadium for a nominal $10 per year.

Earlier this month, the Metropolitan Government of Nashville requested bids from potential construction managers, according to the Nashville Post. The request for quotation pegged the construction budget at $190 million and target completion date of February 2021. The stadium should hold 27,500 fans with the ability to expand to accommodate 32,500, and should achieve LEED Silver certification.

Source
constructiondive.com
Source URL
https://www.constructiondive.com/news/nashvilles-major-league-soccer-stadium-garners-ground-lease-approval/527987/