A new KC Current waterfront stadium is expected to generate $60 million in total direct, indirect, and induced spending, according to an economic study presented to the Missouri Development Finance Board.
The new KC Current waterfront stadium will be the first stadium purpose-built for a women’s professional team. As part of a 50-year lease agreement with Port KC, the 11,500-capacity, $117-million stadium will be built on a 7.08-acre site on the east end of the park in Kansas City, Mo. in partnership with primary design and construction partners Generator Studio, JE Dunn and Monarch Build. The new stadium is expected to open for the 2024 season.
“This study helps illustrate why we are so excited about the future of this club and the positive financial impact this new stadium will bring to the Kansas City region,” said KC Current owner Angie Long. “Our project will generate new jobs, spark new spending that will benefit the entire community, and attract fans and visitors from outside the region. This study reinforces the goals and dreams we have as we continue to make history and do something that’s never been done before, both in Kansas City and across the globe.”
According to the team, the stadium will have the following short-term and long-term impacts:
- Total Economic Output: $60mm+ in total direct, indirect, and induced spending
- Employment: 1,450+ full- and part-time jobs
- Wages: $50mm+ in annual wages
Over a 30-year period, the stadium and team are expected to generate $1bn+ in total economic output for the State of Missouri and $700mm+ for Kansas City, Mo.
Additionally, while construction is under way, the stadium project is expected to generate the following economic impact for the State of Missouri:
- $95mm+ in total economic output
- 1,150+ annual construction-related jobs
- $85mm+ in construction-related wages
Rendering courtesy Generator Studio.