New Nissan Stadium will cost more than $2.2 billion, Titans to cover overages
The Titans originally agreed to $840 million, but with the updated estimate, their end is now approximately $135.6 million.
NASHVILLE, Tenn. (WSMV) - Thursday morning’s Metro Sports Authority meeting revealed the latest estimate for the new Nissan Stadium, which is now expected to cost more than $2.235 billion.
This updated figure is higher than the initial $2.1 billion projections. Despite the rising costs, contributions from the Sports Authority and the state remain the same.
Related Coverage
The Sports Authority is funding $760 million, while the state is covering $500 million.
Initially, the Titans were responsible for about $840 million, but with the updated estimate, they will now need to cover an additional $135.6 million approximately.
The meeting also provided the Sports Authority with updates on the stadium’s design plans.
The South Plaza will be used as an event space, while Second Street is set to become a pedestrian and festival-friendly area. Security improvements for these spaces are still in the planning stages.
Copyright 2024 WSMV. All rights reserved.
