A new stadium for the Tennessee Titans is one step closer to reality.
Members of Nashville’s Metro Council voted to approve the term sheet of a new proposed $2.2 billion domed stadium, which will be located next to the Titans’ current home, Nissan Stadium.
The proposed facility will be 1.7 million square-feet and have a capacity of roughly 60,000. It will feature a high-tech translucent roof and could host major events like the Super Bowl.
- Metro Council members voted 27-8-3 in favor of the term sheet.
- The group must approve finer details related to the project for a deal to be finalized.
- The Titans aim to have the stadium open in 2026.
A new home field for the Titans could bring an economic boost to Nashville, but the costs of the pending project and how it would be financed has raised concern amongst city officials.
The Titans — the 27th-most-valuable NFL team at $3.5 billion, per Forbes — commissioned a study in July that found its current lease at Nissan Stadium would cost $1.8 billion in the next 17 years, and city council members are waiting on another consultant’s $200,000 report.
The report was expected to be released in November.
Virginia Throws One Up
A Virginia government official hopes to conduct a study of his own to lure the Washington Commanders to build a new stadium in “The Old Dominion.” Gov. Glenn Youngkin has proposed spending $500,000 to study the viability of a stadium in Virginia.
Last year, Virginia lawmakers rejected deals for an NFL stadium following controversy shrouding the Commanders.