With materials prices stabilizing, bidding and budgeting efforts will begin in the coming weeks, with construction to start in early 2023.
Triple Play Completed
A contentious City Council joins County Commission and the Sports Authority in approving a new stadium financing plan.
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.
Moneyball Maneuvers
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.
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.