The NFL’s Tennessee Titans are planning upgrades at Nissan Stadium in Nashville that could cost up to $600 million and include a redesigned stadium and new entertainment district.
Nissan Stadium was scheduled to undergo several maintenance projects in recent years, but a budget deficit and the global pandemic put plans on hold. Now, a deal for a redesigned stadium and district that doesn’t solely rely on taxpayer dollars appears to be on the way.
“I think if either the city or the Titans were pushing for something more basic, we would’ve been done with this a long time ago,” team president Burke Nihill told The Tennessean.
The effort adds to a growing list of new NFL complexes.
- Last November, the Los Angeles Chargers reached an agreement to build a new 14-acre headquarters and training facility complex in El Segundo, California.
- The Carolina Panthers have broken ground on a new 600-square-foot headquarters and training facility projected to cost roughly $800 million.
- Last September, the Chicago Bears signed a $197.2 million purchase agreement for the Arlington International Racecourse property as a potential site for a new stadium.
Financial Planning
Early financial plans for the Titans’ development include $300 million in bonds from Metro Sports Authority, the stadium’s landlord, and an additional $300 million collectively from the team and private investors.
