WASHINGTON, DC-Work has begun for the Washington Nationals’ new baseball stadium. The 41,000-seat sports arena, under development for the city by the DC Sports & Entertainment Commission, carries a development price tag of $611 million. It is being financed through revenue bonds–$535 million of which were issued yesterday.

The stadium will be erected on a 26-acre site along the Anacostia Waterfront, about one mile from the US Capitol. A joint venture team consisting of HOK Sport and Devrouax & Purnell Architects is behind the design of the park, which will feature additional offerings including 30,000 sf of team administration office space, a 10,000-sf restaurant and a 6,000-sf conference center.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.