DC Council Advances $3.7B Commanders Stadium Deal
DC Council Advances $3.7B Commanders Stadium Deal

DC Council Advances $3.7B Commanders Stadium Deal

News summary

The Washington D.C. City Council has given preliminary approval to a $3.7 billion deal to redevelop the RFK Stadium site for the Washington Commanders, with a final vote expected in September. The agreement includes $2.7 billion in private investment from the team and over $1 billion from the city for infrastructure, parks, a SportsPlex, and 6,000 new homes, including 1,800 affordable units. The city projects $779 million more in revenue over 30 years compared to the original plan, helped by an 18% parking tax and other concessions. The Commanders plan to use the venue for NFL games and a range of sports and entertainment events. The deal features a $50 million community benefits agreement, local hiring commitments, and penalties for missing development deadlines. Despite strong council support, some residents and councilmembers voice concerns about public spending and the project's community impact.

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