The tab has risen to $114 million, but Boyd’s extended commitment means no additional public funds would go toward construction.
A revised financing plan for the new stadium near the Old City includes a loan to cover increasing costs and an expanded tax district to help pay for it.
Recalculating the Cost
With projections smashed by high materials prices, the actual budget for the planned multi-use stadium won’t be known until this fall.
Rosy Picture, For Now
County commissioners seem satisfied with the proposed budget, but they worry about what comes next.
Spending the County Bounty
A new public works building, utility upgrades, nonprofits and a mental health hospital lead Knox County’s plans for $92 million in pandemic aid.
The city and county are in talks to develop an acute care and behavioral health facility at the former St. Mary’s Hospital site.
Stadium Timeline Set
The public process for consideration of a multi-purpose stadium will include public meetings and multiple votes throughout the rest of the year.
PILOT Gets Green Light
City Council signs off on a tax incentive for the Andrew Johnson Building that will allow the renovation of the historic hotel to move forward.
The Survey Says, ‘Play Ball’
A poll commissioned by the Knoxville Area Association of Realtors shows a majority of county voters back a new multi-purpose stadium.
Stepping Up to the Plate
The Sports Authority holds its first meeting to determine whether to move forward with a publicly financed multi-use stadium.