Friday, May 29, 2026

David Beckham’s $1B Inter Miami Project Moves Forward

  • Construction on Miami Freedom Park has been cleared to begin.
  • The $1 billion project will include a 25,000-seat stadium.
Inter-Miami
Inter Miami CF

David Beckham has the green light to build a stadium for Inter Miami CF.

Construction on Miami Freedom Park has been cleared to begin after city commissioners approved a zoning plan on Tuesday night.

In April, Miami commissioners voted 4-1 in favor of a no-bid, 99-year lease for roughly 130 acres next to the Miami International Airport to be used for Major League Soccer. The city still needs to sign the lease documents.

Beckham and co-owners Jorge and Jose Mas are funding the entirety of the $1 billion project and will pay property taxes and a reported $4.3 million in annual rent.

  • The plan will start with an environmental cleanup of land under the site of the project – the Melreese Country Club
  • The project will include a 25,000-seat soccer stadium, a new 58-acre public park, office space, a hotel, and a retail village.

“Just to start vertical construction on the stadium, we are going to have to spend $120 million,” Jorge Mas said in April.

Project’s Plans

Miami has to give the operator of the Melreese golf course at least two months’ notice before canceling its lease.

Jorge Mas previously stated that the owners’ long-term plan for the stadium includes a professional women’s soccer team, along with boys’ and girls’ soccer programs. 

“A new park, an MLS stadium, and thousands of new jobs coming soon … The Future of Fútbol is in Miami,” mayor Francis Suarez tweeted.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Frances Cabral-Delaney

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
May 23, 2026; Anaheim, California, USA; Fans participate in a tarp off during a MLB game between the Los Angeles Angels and the Texas Rangers at Angel Stadium

‘Tarps Off’: How Shirtless Fans Took Over MLB

The viral movement began with the SFA club baseball team.
Apr 6, 2026; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) walks to the on deck circle during the game against the Texas Rangers at Globe Life Field

Why Ballparks Are Louder Than Ever

Some stadiums sound like veritable nightclubs. How did we get here?

Dave Checketts Says Founding MLS Team Was His ‘Worst Investment’ 

Checketts cofounded Real Salt Lake in 2005 and sold it in 2013.

Featured Today

May 24, 2026; Evanston, IL, USA; Northwestern Wildcats attack Kathryn Ratanaproeksa (13) shoots against the North Carolina Tar Heels during the first half at Martin Stadium

Can Women’s Lacrosse Buck the Trend in College Sports?

The sport is fighting to prove its worth in the revenue-sharing era.
May 22, 2026

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.

Bucs Stadium Push Could Complicate Rays Ballpark Deal

The neighboring MLB and NFL teams might battle for the same tax funds.
May 21, 2026

Rays $2.3B Stadium Plan Survives Narrow Tampa City Council Vote

The Tampa City Council narrowly approves a non-binding stadium agreement.
May 26, 2026

Bears Stadium Saga Now Tied to Potential $1.5B Tax Break

The local politics around the proposed stadium remain difficult.
Sponsored

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
May 20, 2026

Political Sparring Intensifies Over Bears’ $5B Stadium Future

The stadium saga is the center of a growing political fight.
May 4, 2026; St. Petersburg, Florida, USA; Tampa Bay Rays left fielder Chandler Simpson (14) greets right fielder Ryan Vilade (26) at home plate after hitting a three-run home run against the Toronto Blue Jays in the first inning at Tropicana Field.
May 15, 2026

Rays Reach Preliminary Agreement With City, County on Ballpark

The stadium would be located near Raymond James Stadium, home of the Buccaneers.
Sponsored

Fueling Dreams with Spectrum Business

Behind every league, team, and major event are the communities and small businesses helping power the business of sports.
Cleveland Browns players Denzel Ward and Carson Schwesinger, left, join with others as they take part in the ceremonial groundbreaking for the new Huntington Bank Field in Brook Park, Ohio on April 30, 2026.
May 1, 2026

Browns Break Ground on New Stadium, but Funding Still in Limbo

State and local funding for the planned venue is not yet solidified.