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DC United’s stadium deal heads to DC Council

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DC Mayor Vincent Gray announced that DC United ownership and city officials have finalized business terms for a public-private partnership to build a soccer-specific stadium at Buzzard Point in SW Washington. The stadium proposal has been delivered to the DC City Council for consideration for approval.

The plan to locate the stadium at Buzzard Point, which has been discussed as DC United’s potential landing spot for a couple of years, hinged on property swaps with multiple parties who own the site in question. The District reportedly controls 88 percent of the proposed stadium site, with agreements in principle in place for the rest.

The city’s contribution would come from swaps of existing development rights and city property deemed not to currently be at its highest and best use rather than from new budget spending, which planners hope will appeal to council members when facing approval. The mayor’s office hopes the DC Council will vote on the proposal before its summer recess.

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