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Texas   /   June 4, 2018

By: Amy Wolff Sorter

Precourt Sports Ventures Unveils $200M Soccer Stadium Proposal

Following a city of Austin report concerning a 24-acre plot in north Austin, Precourt Sports Ventures – which owns the Columbus Crew Soccer Club – published its proposal to build a $200 million stadium on the site. Precourt Sports Ventures (PSV) announced in fall 2018 that it was considering moving the soccer team from Ohio to Austin.

The city report indicated that McKalla Place, near Braker Laneand Burnet Road, is considered a “suitable” site for a sports stadium, though the acreage could be put to other uses. The project would also support $54 million in economic activity in Austin during construction, and would support more than $25 million in economic activity on a recurring basis, equaling $384 million of economic output in the city and $474 million in Travis County. The PSV plan indicated the stadium could have a $354 million impact on the city over the next 25 years.

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