The NFL’s Tennessee Titans have planned 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 could be finalized in several months.
Early financial plans for the new stadium and district include $300 million in bonds from Metro Sports Authority, the stadium’s landlord, and an additional $300 million collectively from the Titans and private investors. Nashville’s popularity as a vacation destination will also help alleviate costs with fresh capital.
The Titans’ desire for a new stadium and district adds to a growing list of new NFL complexes.
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 purchase agreement for the Arlington International Racecourse property as a potential site for a new stadium in a deal valued at $197.2 million.