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Find the most up to date proposal for the new crew stadium. Where is the money...

Find the most up to date proposal for the new crew stadium. Where is the money coming from and what is it being used for? Is it relevant that no public money will go directly to stadium building costs? Why or why not?

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Answer #1

The estimated cost of constructing the stadium is 230 million out of which 150 million is spent by Columbus ownership group and 80 million by New community Authority (NCA).

NCA is financial planning authority in that area where there is lot of public money go into that NCA along with some private money.

State of Ohio is giving 15 million to NCA for infrastructure and public improvement in and around the stadium

City of Columbus is spending 50 million to to redevelop Mapfre stadium site, in and around places of stadium into Community sports park

Along with this Columbus ownership group is spending another 150 million to purchase the team.

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