• Loading stock data...
Thursday, October 9, 2025

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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Florida State defensive back Renardo Green (8) tackles Miami running back Mark Fletcher Jr. (22) during a college football game Saturday, Nov. 11, 2023, at Doak Campbell Stadium in Tallahassee, Florida.

Miami–Florida State Rivalry Heats Up With Priciest Ticket in CFB

The get-in price for Saturday’s matchup in Tallahassee is more than $300.

Featured Today

Kōloa Rum Company Rum Rusher

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
FARMINGDALE, NY - SEPTEMBER 23: Rory McIlroy of Team Europe hits out of the rough on the first hole during the 2025 Ryder Cup at Bethpage State Park on Tuesday, September 23, 2025 in Farmingdale, New York.
September 25, 2025

Ryder Cup in New York: Record-Setting Hopes and Fan Concerns

Organizers anticipate record attendance and revenue, but worry remains about fan behavior.
FARMINGDALE, NY - SEPTEMBER 22: Cameron Young of Team USA hits his tee shot on the third hole during the 2025 Ryder Cup Practice Round at Bethpage State Park on Monday, September 22, 2025 in Farmingdale, New York.
September 23, 2025

U.S. Ryder Cup Players Will Be Paid. Not Everyone Is Pleased

Americans are receiving a $200,000 stipend, and not everyone is pleased.
Nov 17, 2024; New Orleans, Louisiana, USA; Detailed view of a Cleveland Browns helmet on a time out against the New Orleans Saints during the first half at Caesars Superdome.

Cleveland Takes New Shot at Blocking Browns’ $2.4B Stadium

A new lawsuit challenges a permit for the NFL team’s planned stadium.
Sep 23, 2025; Dallas, Texas, USA; Dallas Stars forward Adam Erne (76) looks on during the game between the Dallas Stars and the Minnesota Wild at American Airlines Center
exclusive
October 3, 2025

Dallas Stars Eyeing Possible Move to Plano in 2031

The team needs to figure out where they’ll play starting in 2031.
October 7, 2025

Rays Owner Eyes New ‘Forever Home’ Like Atlanta’s Battery

The club’s new owners target a new ballpark opening in 2029.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Chicago Bears stadium rendering
October 1, 2025

Bears Want $855M in Public Money for Suburban Stadium

The NFL team details an updated ask for public money.
September 29, 2025

A’s Unveil Sacramento Jerseys As Vegas Development Advances

The club unveils an alternate “Sacramento” jersey as Las Vegas plans advance.
Sep 28, 2025; East Rutherford, New Jersey, USA; Los Angeles Chargers cornerback Cam Hart (20) breaks up a pass intended for New York Giants wide receiver Malik Nabers (1) during the second quarter at MetLife Stadium. Nabers was carted off the field with an injury after the play.
September 29, 2025

Malik Nabers’s Torn ACL Rekindles NFL’s Grass vs. Turf Debate

The Giants star tore his ACL on MetLife Stadium’s artificial surface.
September 25, 2025

NYCFC’s New $780M Queens Stadium Comes With Jab at Red Bulls

The MLS club progresses on developing its new stadium in Queens, N.Y.