RALEIGH, N.C. -- A major announcement could be a game changer for the city of Raleigh. New renderings were posted, giving us the first look at what this $1.9 billion soccer stadium could look like.
- New renderings were released for the $1.9 billion soccer stadium planned for Raleigh.
- The Downtown South vision includes hotels and restaurants as well, with the promise of creating thousands of jobs.
- Developers want to break ground next year.
The idea is to turn more than 50 acres of vacant land into Downtown South. Raleigh developer John Kane is teaming up with Steve Malik, the owner of the North Carolina football club. The vision includes hotels and restaurants with the promise of creating thousands of jobs.
Nearby businesses on South Saunders Street by I-40 are trying to plan ahead. The developers want to break ground next year. Construction could take three years.
They say City Council and County Commissioners are expected to vote on awarding interlocal funds this summer.