Inter Miami CF is taking its case for a new stadium to the public, revealing the project’s key financials in the process.
Responding to a provocative social media campaign opposing the project, the MLS team, owned by David Beckham and Jorge Mas, outlined key details of Miami Freedom Park, a dedicated soccer stadium and surrounding development.
In addition to the 25,000-seat stadium, the project calls for 750 hotel rooms, commercial and office space, community fields, and Miami’s largest public park.
According to the team, Miami Freedom Park is expected to be entirely privately funded and would provide $6.3 billion in tax revenue for Miami over the life of the 99-year lease.
It will also contribute $2.6 billion in rent and generate $11 billion in economic activity in its first 30 years while contributing $25 million to the city’s Parks Department.
Directly and indirectly create over 15,000 jobs paying at least $15 per hour.
A city commission will vote on the project on Thursday.