Commissioners for the city of Orlando approved a deal Monday that will have Orlando City Soccer Club pay millions for the land where the new stadium is being built. A WFTV report.
On Friday, commissioners approved $18 million for the city land in Parramore. The city originally purchased the land when it was speculated that the new stadium would be partly built with public money. That effort failed when state house lawmakers ended the legislative session early, last spring.
The stadium was scheduled to be built in 2016, but now it’s slated to be ready for the beginning of 2017. The stadium will hold more than 25,000 soccer fans. Construction worth $155 million is all privately funded.
Even though the project is privately funded, city leaders said they would still look out for the people of Parramore. The Orlando City Soccer Club will pay the city back its $18 million over a 15-year period.