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Stadium Project Transforming D.C.
- The Commanders' new stadium will be built on land cleared by federal permission, featuring a 65,000-seat transparent-roof stadium and an expansive entertainment district.
- This project includes significant affordable housing and park space with a total budget of $3.7 billion, mostly privately funded.
Largest Private Investment In D.C.
- The Commanders will fund $2.7 billion of the $3.7 billion project, the largest private investment in D.C. history.
- This stadium deal avoids cuts in the city’s operating budget by using existing sports facility fees and creates thousands of jobs.
Smart Public Funding Strategies
- Governments should only fund stadiums if teams can't secure private investment, ensuring public funds are wisely spent.
- Structuring deals with future revenue bonds or hotel taxes can make stadium projects mutually beneficial.