{"id":1004085154,"date":"2013-10-14T10:36:23","date_gmt":"2013-10-14T18:36:23","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=196866"},"modified":"2022-03-03T09:05:53","modified_gmt":"2022-03-03T17:05:53","slug":"orlando-one-step-closer-to-kicking-off-on-new-mls-stadium","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/orlando-one-step-closer-to-kicking-off-on-new-mls-stadium\/","title":{"rendered":"Orlando One Step Closer to Kicking-off on New MLS Stadium"},"content":{"rendered":"

\"\"<\/a>Only the spending plan is left to be approved by the Orange County Commission, as city leadership has accepted plans for Orlando\u2019s new professional soccer stadium with a unanimous vote, the Orlando Sentinel<\/a><\/em> reports.<\/p>\n

According to a press release, the October 22 vote will take place at the County Administration Building, and if the spending plan goes through, The Lions stand a good chance of putting the fresh lawn to the test during their 2015 season. By that time, the currently minor league team hopes to have expanded its franchise into MLS.<\/p>\n

The $94.5 million agreement approved by a 7-0 vote also includes $25 million in tourist tax funding for the Dr. Phillips Performing Arts Center; $12 million for the Florida Citrus Bowl; $27.5 million for tourism ads; as well as $10 million for improvements to the Orange County Convention Center.<\/p>\n

Orlando Lions president Phil Rawlins is confident that Orlando is \u201cmore than ready to support Major League Soccer.\u201d<\/p>\n

About 50 Lions fans and employees attended the council meeting wearing purple to show their support.<\/p>\n

The Orlando City Soccer Club, currently a member of the USL Pro division, was promised an MLS franchise about a year ago with the condition of building a soccer-specific arena. Until the time the new stadium is ready, the team will continue playing in the Citrus Bowl.<\/p>\n

The council approved the terms that would allow the soccer team to be the main tenant of the new city-owned stadium. In contrast to the original budget of $110 million, the development\u2019s outlay would total about $84 million since the Legislature had rejected state funding back in the first quarter.<\/p>\n

The construction would cost $69 million and the rest is to be spent on the land and infrastructure. The team wouldn\u2019t pay rent but it would contribute with $30 million toward the construction, and effectuate annual payments for the next 25 years.<\/p>\n

According to the Sentinel, the plan provides $20 million in tourist taxes for the stadium, and the remaining funds include $20 million from the city and smaller amounts from other jurisdictions, including $2 million from Seminole County.<\/p>\n

Photo credits: Orlando City SC<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Only the spending plan is left to be approved by the Orange County Commission, as city leadership accepted plans for Orlando’s new professional soccer stadium with a unanimous vote, Orlando Sentinel reports. According to a press release, the October 22 vote takes place at 201 S Rosalind Avenue at the County Administration Building. If the spending plan goes through, The Lions stand a good chance of putting the fresh lawn to the test during their 2015 season. By that time, the minor league team hopes to make it to the MLS.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1493],"tags":[1815,39399],"class_list":["post-1004085154","post","type-post","status-publish","format-standard","hentry","category-latest","category-orlando","tag-national","tag-orlando"],"acf":[],"yoast_head":"\nOrlando One Step Closer to Kicking-off on New MLS Stadium - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/orlando-one-step-closer-to-kicking-off-on-new-mls-stadium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orlando One Step Closer to Kicking-off on New MLS Stadium\" \/>\n<meta property=\"og:description\" content=\"Only the spending plan is left to be approved by the Orange County Commission, as city leadership accepted plans for Orlando’s new professional soccer stadium with a unanimous vote, Orlando Sentinel reports. 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