AC Milan and Inter Milan Announce $733M Stadium

    • In 2019, AC Milan and Inter Milan announced plans to rebuild a new stadium to replace the historic but antiquated San Siro.
    • The project will cost about $733 million.

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In 2019, AC Milan and Inter Milan announced plans to build a new stadium to replace the historic but antiquated San Siro. The project that will cost about $733 million.

Yesterday, the clubs settled on a design. They chose architecture firm Populous’ plan — a sprawling blueprint called “The Cathedral.”

The new stadium will be “groundbreaking in terms of innovation and sustainability,” the clubs said. Between a greenery area outside the stadium and water and electricity technology, the clubs say the stadium will be both carbon-neutral and LEED-certified.

The project will also include a pedestrian-only district “dedicated to sport and leisure.”

Populous touts a long resume with stadium development. It led plans for the main stadiums at the Sydney 2000 and London 2012 Summer Olympics, Yankee Stadium, Emirates Stadium, and Tottenham Hotspur Stadium, among others.

Upgrades Galore

The project is just one of several European soccer stadiums slated for major renovations or replacement.

  • Members of FC Barcelona approved a $1.69 billion project to upgrade Camp Nou. 
  • Real Madrid has been in the midst of a $700 million project to renovate the Bernabeu.

The trend also follows that of NFL stadiums in the U.S., where reports of requests for new billion-dollar stadiums continue to surface.