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Private group proposes $275 million Homestead Regional Park sports campus with stadium, hotel and training academies
Summary
City officials described a privately funded $275 million proposal from VSGS to redevelop Homestead Regional Park into a regional sports campus with a 10,000-seat stadium, hotel, multiple training fields and dormitories; city leaders said the council unanimously supported negotiations and an 80-year ground-lease structure with revenue shares and infrastructure upgrades.
A private consortium led by VSGS Sports Performance Hub has proposed redeveloping Homestead Regional Park — formerly the Homestead Sports Complex — into a privately funded regional sports campus that city officials said will cost about $275 million and require no direct capital from the city.
City officials described the plan at the Nov. 19 meeting, saying the project would replace the park’s existing fields with a 10,000‑seat multiuse stadium, a 100‑room hotel, six professional soccer fields, multiple multipurpose and half‑size fields, dormitories, classrooms and indoor training facilities. The city said the development would also add expanded parking, new access roads and upgrades to electric, water and sewer infrastructure.
"This is not just a sports complex. It's a $275,000,000…
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