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Airspace trouble could threaten Browns’ new $2.4 billion suburban stadium
Straight Arrow News
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3 months ago
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00:00
The Cleveland Browns' contentious battle to build their new suburban stadium took another
00:04
turbulent twist Tuesday when the Ohio Department of Transportation refused to issue a permit over
00:10
concerns about air traffic at nearby Cleveland Hopkins International Airport.
00:17
The $2.4 billion dome stadium plan submitted by the Haslam Sports Group is expected to top out
00:24
at a height of 221 feet. That's 58 feet higher than the maximum allowed for that location,
00:31
according to ODOT's aviation office. The Browns said they're working with ODOT to resolve the issue,
00:37
but they're confused by the ruling since the Federal Aviation Administration had already
00:42
approved the stadium plan as long as there are red lights on the roof to guide pilots. In July,
00:48
team owners Dee and Jimmy Haslam told reporters they were confident the stadium at Brook Park
00:53
would go forward despite complications.
00:56
Like 99.9.
00:57
We're very confident, very excited about it.
00:59
I mean, we can't be more confident. Let me say, these projects are really hard, okay? And the
01:04
state's a hurdle. You know, there's other hurdles. You got to work with DOT and rapid transit. You got
01:10
to get your financing. You got to control costs. These are big, complicated projects.
01:14
Cleveland Mayor Justin Bibb and other city officials are upset the team is planning to leave downtown,
01:19
but the two sides couldn't come to an agreement on how much money the city could provide to keep the
01:24
team. The Haslams took their request to the state legislature and were approved. Team COO David
01:30
Jenkins said last month everyone will benefit from the deal.
01:34
Half of that we're proposing comes from us plus the overrun, so $1.2 billion in private funding.
01:39
The other half we've asked all along has been $600 million from the state, which was granted on June 30th
01:46
within the state's budget. They're calling that a performance grant. The key to that $600 million
01:51
is we're going to generate over $3 billion of tax revenues over the 30-year life of the lease.
01:58
It's a familiar scenario to those we've covered recently, including Major League Baseball's
02:02
athletics, who will receive $380 million in state funds as they build in Las Vegas. The Washington
02:09
Commanders recently announced a stadium deal with the city that'll see D.C. pitch in $1.1 billion
02:15
in investments. And in Illinois, the Bears are still over $500 million in debt to the city
02:22
after renovating Soldier Field in 2003, but they're looking for the state to approve favorable tax
02:28
legislation for their Arlington Heights project. Stadium projects for the Tennessee Titans in
02:33
Nashville and the Buffalo Bills in Orchard Park, New York, which are well underway, are also receiving
02:39
substantial state funding. The Browns are appealing the permit denial by ODOT and they aim to break ground
02:44
on their stadium project next year, hoping it'll open before the 2028 season.
02:49
For Straight Arrow News, I'm Chris Francis.
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