Cleveland and Browns Reach $100M Deal for New Stadium and City Support

1 min read
Source: Cleveland.com
Cleveland and Browns Reach $100M Deal for New Stadium and City Support
Photo: Cleveland.com
TL;DR Summary

The Cleveland Browns are planning to build a new indoor stadium in Brook Park, Ohio, with a projected cost of $2.4 billion, aiming to open by 2029. The deal involves a mix of private funding, state unclaimed funds, and local taxes, with ongoing negotiations with the city of Cleveland and Brook Park. The stadium will have a capacity of 67,500, host major events like soccer and basketball tournaments, and include significant surrounding development. Key issues remaining include finalizing agreements with local governments and securing funding for maintenance and traffic improvements.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

8 min

vs 9 min read

Condensed

95%

1,74690 words

Want the full story? Read the original article

Read on Cleveland.com