The RFK Stadium makeover will see the Commanders invest $2.7 billion, while DC taxpayers are expected to contribute over $1 billion
The District of Columbia (DC) and the Washington Commanders have inked a $3.7 billion deal to redevelop the RFK Stadium site into a 65,000-seat stadium and develop the surrounding neighborhood with housing, retail and park space.
DC Mayor Muriel Bowser, Commanders majority owner Josh Harris and NFL Commissioner Roger Goodell announced the plan on Monday. The construction is set to begin in 2026 and the stadium will open for the 2030 season.
NFL head Goodell said the new venue “dramatically” increases the city’s chances of hosting a Super Bowl. The deal is viewed as the single largest private investment in DC’s history.
But there is a catch
The makeover will see the Commanders invest $2.7 billion, while DC taxpayers are expected to contribute over $1 billion, including $500 million from city funds to the development deal.
It could fuel a political showdown over public funding. The deal still needs DS council approval by July. The move could be a major win for Mayor Bowser and Commanders owner Harris, if they can overcome political and community opposition.