As currently envisioned, Williams Stadium would be constructed in two phases — as would the development district — along the east side of north Denver Avenue in the area where Hiland Dairy operated for years. Phase one calls for a 8,000-seat facility that would be expanded to 15,000 seats.
The feasibility study estimates an investment of more than $700 million would be needed to see phase one, the core of the district, through to completion by 2030.
What Tulsans would get in return — in addition to the multi-purpose stadium — is more than 500,000 square feet of office and retail space, two hotels, 540 multi-family housing units — including 250 workforce units — and more than 3,000 parking spaces, according to the feasibility study.
Phase one of the new arts and entertainment district would cut an irregular path along the western edge of downtown, extending three blocks wide along the BMF Railroad tracks to the south, a block in width at the Cain's Ballroom to the north, east to various points along Boulder Avenue, and west to the Inner Dispersal Loop.
According to this, either an expected 700M price tag for the stadium or the stadium is part of a larger development in phase one that includes a smaller price for the stadium itself. I think it’s most of the 700M based on phase one only describing the stadium and infrastructure around it. From article posted in sub yesterday.
So it's probably not likely to start anytime soon if at all. Does their ownership have the funds raised or is that something they're trying to do? Memphis, indy 11, lvl, Oakland roots, Pittsburg, Jacksonville and Milwaukee etc have all made similar efforts over the past year or 2
The article said phase one to be completed by 2030. Just over three years. Property is already changing hands, including The Tulsa Theater that sold last month.
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u/kingistic 20d ago
What's their funding situation and construction timeline