More than 700 million dollars is the proposed investment it will take to build a new Crew stadium and renovate the current stadium. But, instead of residents footing the whole bill, the money will come from what’s called a public private partnership.
“A public private partnership would be the public paying for a portion of a stadium or an arena, and the private side would be corporations coming into assist with the funding,” says Executive Director of the AECOM Center for Sports Management at Ohio University.
P3KY has written extensively on the Messer Louisville construction project to build the new $60 million LouCity stadium.
Read more here.