City of Nashville and the Tennesse Titans Agree on New $2.2 Billion Stadium; Positioning for Hosting of Super Bowl, College Football Playoff Games, Winter Concerts – OnFocus

Nissan Stadium, playoff game Titans vs Ravens, courtesy Wikipedia

The city of Nashville and the Tennessee Titans have agreed on a new deal that will result in a new stadium, to cost upwards of $2.2 billion.

The domed stadium would allow Nashville to host the Super Bowl, College Football Playoff games, and major concert tours, none of which could happen at the current facility, Nissan Stadium.

  • If approved by Metro Council, the new stadium will be located east of Nissan Stadium, near I-24, and serve as the anchor of the recently approved East Bank redevelopment plan.
  • It is expected the Titans will bring about $800 million in private revenue sources to the deal.
  • Government funding sources are already known: $500 million in bonds from the state, a 1% tax on all hotel room rentals in Davidson County, sales taxes collected within the new facility and sales taxes collected in the surrounding 130-acre campus.

Read about the pending deal HERE

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