D.C. UNITED STADIUM
DC United / Greater Washington Sports Alliance, District of Columbia
The Greater Washington Sports Alliance engaged CSL International to prepare a detailed economic and fiscal impact study for a new soccer stadium and mixed-used development to be located at Popular Point. CSL’s work included the development of a detailed economic and fiscal impact model to estimate the direct, indirect and induced benefits associated with the construction and operations of a $157 million, 24,000-seat MLS stadium with an additional $82 million in planned ancillary developments including a 2,000-to-2,500 seat music entertainment venue, 100,000 square feet of retail/restaurant space, 30,000 square feet of office space and 100 condominium/apartment units. The report included estimates of one-time construction impacts and annually-recurring operating impacts including direct spending, total output, employment, personal earnings and tax revenues that could be generated within the District. These impacts were also quantified on a 30-year net present value basis. Prior to the economic impact study, CSL was hired to prepare financial projections for DC United operating in a new soccer-specific stadium.