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New Nissan Stadium

Coordinates:36°10′03.8″N86°46′05″W / 36.167722°N 86.76806°W /36.167722; -86.76806
From Wikipedia, the free encyclopedia

Future NFL stadium
For the existing stadium, seeNissan Stadium.
New Nissan Stadium
Map
Former namesNew Tennessee Titans Stadium (planning/construction)
LocationNashville, Tennessee
Coordinates36°10′03.8″N86°46′05″W / 36.167722°N 86.76806°W /36.167722; -86.76806
OwnerMetropolitan Government of Nashville and Davidson County
OperatorMetropolitan Government of Nashville and Davidson County
Capacity55,000-60,000
SurfaceTurf
Construction
Broke groundFebruary 29, 2024
Construction cost$2.1 billion
ArchitectManica Architecture
General contractorTennessee Builders Alliance (AECOM Hunt/Turner Construction/I.C.F. Builders/Polk & Associates)[1]
Tenants
Tennessee Titans (NFL)Planned
Tennessee State Tigers (NCAA)Planned
Music City Bowl (NCAA)Planned

New Nissan Stadium is a domedAmerican football stadium under construction inNashville, Tennessee, for use by theTennessee Titans, succeeding the currentNissan Stadium beginning in 2027.[2][3]

The 60,000-seat stadium is projected to cost $2.1 billion, $1.26 billion of which is subsidized by the public. It is the largeststadium subsidy in U.S. history.[4]

It is to be built adjacent to Nissan Stadium, which will be demolished following the completion of the new stadium. The stadium will be designed byManica Architecture who previously designedAllegiant Stadium,NRG Stadium andWembley Stadium.[5]

History

[edit]

Background

[edit]

Nissan Stadium, an open-air concrete-and-steel stadium which seats 69,000, has served as the home venue for theTennessee Titans since its opening in 1999. The city hired an independent group, Venue Solutions Group (VSG), to conduct a thorough assessment of the current stadium’s condition and the cost of maintaining it for the remainder of the lease, which ends in 2039. VSG outlined a preliminary report showing it would cost the city between $1.75 and 1.95 billion to renovate Nissan Stadium as a "first class condition" facility.[6]

Planning and construction

[edit]

The $2.1 billion needed to fund the new stadium will come from a variety of sources:

  • $840 million from the team
  • $500 million from the state of Tennessee
  • $760 million from revenue bonds issued by the Metro Sports Authority to be repaid via personal-seat license sales and taxes collected at the stadium and additional money from a new 1% hotel/motel tax.

The 1.7-million-square-foot proposed stadium would be a dome, have a seating capacity of 55,000-60,000, have approximately 170 luxury suites and an artificial turf field.[7] The Titans would sign a 30-year lease to play in the stadium.

The financing program was confirmed by a 26-11 vote on April 25, 2023. Construction began in 2024 and opening day is set for 2027.[8]

The route of theIndyCar SeriesMusic City Grand Prix was originally planned to be changed during the new stadium's construction period. However, on February 14, 2024, it was announced that the race would be moved to nearbyNashville Superspeedway.[9][10]

References

[edit]
  1. ^"Titans Select Tennessee Builders Alliance to Oversee Construction of New Stadium".www.tennesseetitans.com. August 17, 2023. RetrievedAugust 18, 2023.
  2. ^"Tennessee Titans, Nashville mayor unveil details of $2.1B stadium deal". RetrievedOctober 17, 2022.
  3. ^Davenport, Turron (October 17, 2022)."Titans, Nashville reach deal for domed, $2.1B stadium".ESPN. RetrievedOctober 17, 2022.
  4. ^Kaplan, Daniel (2023)."Nashville on cusp of raising the public subsidies bar with new Titans stadium".The Athletic.
  5. ^"Titans announce details of agreement for new $2.1 billion stadium". RetrievedOctober 17, 2022.
  6. ^"Titans' new stadium proposal: Who's paying for it". RetrievedOctober 17, 2022.
  7. ^"New Tennessee Titans stadium proposal design concepts". RetrievedOctober 17, 2022.
  8. ^"Metro Council approves funding plan for new Titans stadium". RetrievedApril 26, 2023.
  9. ^Pruett, Marshall."Nashville GP planning to continue beyond 2023 with a new layout". RetrievedApril 26, 2023.
  10. ^"IndyCar Music City Grand Prix moving from downtown to Nashville Superspeedway".The Tennessean. RetrievedFebruary 15, 2024.

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