It’s official: the Tennessee Titans are getting a new stadium. Nashville Metro Council approved the $2.1 billion stadium deal, with a final vote of 26 to 12, early Wednesday morning, April 26.
“For more than 25 years, Nashville, Tennessee, has been the Titans’ home, and with the approval of the new stadium agreement, we are grateful to know the Titans will be a part of this great city and state for decades to come,” says Titans Controlling Owner Amy Adams Strunk (via The Sports Credential). “I remember the early days of our time here feeling all the promise and opportunity ahead, and I feel that same enthusiasm and excitement again today.
“We are thankful for the support of Mayor Cooper, Metro Council, the Sports Authority, the State of Tennessee, and most importantly, the people of Nashville and Tennessee as we all embark on this new chapter together,” she adds.
Of the more than $2 billion price tag, $500 million will be provided in bonds, with the Titans and the NFL paying approximately $840 million and the remaining $760 million will be paid for by Metro government via a stadium sales tax, downtown campus sales tax, as well as a county-wide hotel occupancy tax.
“Tonight’s final approval of the new stadium agreement allows Nashville to move forward with the revitalization of the East Bank riverfront that East Nashville neighborhoods have been demanding for more than 40 years,” says Metro Nashville Council Member Brett Withers. “We can now replace an aging, 100 percent taxpayer-supported stadium with a new facility that is funded primarily by the team, by visitors to our city and by new revenues arising from campus development that is not possible under the old lease.
“During extensive community engagement that shaped the East Bank Vision Plan, which the Planning Commission unanimously adopted in October of 2022, neighbors who were still learning about the stadium question itself definitively agreed that the prospect of centering the planned Central Waterfront neighborhood not around the current, aging stadium but rather around a new park and multimodal street designed for transit was the better outcome for the future of our thriving city,’ he continues. “Relocating the stadium closer to the interstate makes sense for a lot of reasons, but replacing the current stadium with a central community gathering space incorporating green stormwater technology and surrounded by mixed uses including affordable housing is chief among them.”
The idea of a new stadium has been in discussion for more than a year, after realizing the current Nissan Stadium needed a lot of repairs, including the structural frame, mechanical, plumbing and electrical systems, as well as an “antiquated” window system.
Building for the new Titans’ stadium is expected to begin in 2024, with an goal of opening in 2027. Per The Sports Credential, the new stadium will have a capacity of approximately 60,000, and has the poential to also host Super Bowls, NCAA Final Fours, College Football Playoffs, Wrestlemanias and more
