With materials prices stabilizing, bidding and budgeting efforts will begin in the coming weeks, with construction to start in early 2023.
TIF District Basics
Officials say the South Waterfront shows tax-increment financing districts like the one proposed for the stadium area can help spur growth.
Power Poll: Play Ball
An overwhelming majority of survey respondents support the city-county stadium, even with its rising costs and revised financing plan.
TIF Protection
County Commission recommends approval of expanding the TIF district around the new stadium, with an extra layer of assurance.
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.
Weekly Watch: July 25-31, 2022
Every Monday, we run down the week’s public meetings and civic events.
Closing the Gap
A loan from Smokies’ owner Randy Boyd could be used to cover a stadium funding shortfall created by soaring construction materials costs.
Stadium Project Paused
Officials hope construction costs will stabilize later this year, but it won’t be in time for the Smokies to play ball in Knoxville in 2024.
Double Header
After separate votes by the Sports Authority and City Council on Tuesday, key agreements for the multi-use stadium are in place.
Infrastructure Tab
Street improvements and new plazas around the new stadium could cost the city as much as $14 million.