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Economic development staff: Diamond District stadium on track for early 2026 opening; mixed-use buildout to continue through 2032
Summary
Economic development staff told the finance committee the new stadium in the Diamond District remains on schedule for substantial completion in February 2026, while infrastructure and mixed‑use development will continue through the early 2030s.
City economic development staff told the Finance and Economic Development Standing Committee that construction of the new Diamond District stadium remains on schedule and on budget, and that associated infrastructure and mixed‑use development work will continue for several years.
Key points from the presentation: - Public vs. private investment: The public portion of the project (infrastructure, roadways, stadium-related public works and community amenities) totals about $166 million across roughly 20 acres, while mixed-use elements (retail, hotel, affordable and market-rate housing, office) are privately financed. - Stadium progress and financing: City partners have issued just over $130 million in stadium bonds as of September 2025 and spent approximately $77…
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