Latest issueDes Moines' soccer stadium deal is back on, with a Dec. 7 hearingRead now

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MetroWednesday, November 4

Des Moines restarts its soccer stadium district plan and sets a Dec. 7 hearing

The Daily West Des Moines teamFrom today’s edition · 1 min read · 3 sources

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If you've followed Des Moines' on-again, off-again pro soccer stadium, it's on again. The City Council voted Monday to move the project forward and set a Dec. 7 public hearing, when the development agreement, purchase and lease could be approved. The city had announced in August it had ended talks with the , just weeks before the council made deep budget cuts.

$21 millionsaved in city contributions versus terms from a year ago

Mayor Connie Boesen said in a statement that the new agreement saves taxpayers over $21 million.

Source: WHO13.com

City Manager Scott Sanders says the incentives negotiated with the Krause Group are down 20 million dollars from last year. The council also opened a 30-day competitive process in which another developer could submit a proposal for the site.

  • Site: the former DICO superfund site
  • District: would surround the new pro soccer stadium
  • Still negotiating: Iowa Soccer Development Foundation, on stadium and global plaza
  • Stadium: would be Iowa's first professional soccer stadium

The stadium district decision runs through December

  1. AugustCity announces it has ended talks with the
  2. Nov. 2Council votes to set a hearing and open a 30-day competitive process
  3. Dec. 4Last day a rival proposal could be received to postpone the hearing
  4. Dec. 7Public hearing on the development agreement, purchase and lease
  5. Dec. 15Urban Design Review Board would consider a rival proposal, if one is received
  6. Dec. 21Hearing would be rescheduled if a rival proposal is reviewed

Sources: KSOM, Business Record

Sources: WHO13.com, KSOM, Business Record

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