The Metro Nashville City Council finally approved by a 26-12 vote early Wednesday morning on the final reading to allow its sports authority to issue $760 million in bonds.
’ estimate of what the city would pay to maintain the stadium under the lease signed in 1996. Venue Solutions Group agreed that renovating the current stadium would cost between $1.75 billion and $1.95 billion over the remaining years on the lease.have been clearing money for their portion of the stadium with team officials hoping to break ground by mid 2024 to open for the 2027 season.
Nissan Stadium originally opened in 1999 as Adelphia Coliseum. That deal cost $292 million convincing franchise founder Bud Adams, who died in 2013, to move his Oilers from Houston to Tennessee in 1997.originally planned to renovate that stadium until a study doubled the original estimated costs of $600 million to $1.2 billion.
The new stadium will be built on the parking lots between the current stadium and Interstate 24. The deal returns control of 66 acres, including the current site of Nissan Stadium, to
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