Contractors are ready to begin building Knoxville’s new stadium, though the project hasn’t met its goal for disadvantaged business participation.
Stadium Cost Finalized
The tab has risen to $114 million, but Boyd’s extended commitment means no additional public funds would go toward construction.
2022 Revue: City of Knoxville
Change was a constant in city government this year, from stadium financing to taxes to KPD and more.
Stadium Construction Reboot Nears
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.
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.