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City HallWednesday, October 28

Omaha City Council approves the Union Omaha downtown stadium deal

The Morning Omaha teamFrom Wednesday’s edition · 1 min read · 5 sources

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If you've wondered when pro soccer gets a permanent downtown home, the target is 2028. The Omaha City Council approved the stadium lease Tuesday, and the Fremont Tribune says it approved a redevelopment agreement for a city-owned stadium that will lease long term.

WOWT reports the deal allows up to $106.5 million in financing for the stadium near 11th and Izard. Union Omaha says it's built for two teams, with a women's pro team targeted for 2030. KETV says crews plan to break ground next month.

  • Stadium cost: about $140 million, owned by the city
  • Seats: about 6,500 fixed, room for about 8,500
  • Opening: 2028 season

Bonds, team equity and city infrastructure cover the $140 million stadium

Union Omaha's downtown stadium, $140 million, by where it comes from and where it goes

Comes from

$140 million

Goes to

$23M Team equity 16%$10.5M City infrastructure 8%$106.5M Lease purchase, revenue bonds 76%
$140M Stadium cost 100%

Comes from

  • $23M Team equity 16%
  • $10.5M City infrastructure 8%
  • $106.5M Lease purchase, revenue bonds 76%

$140 million

Goes to

  • $140M Stadium cost 100%

Source: Nebraska Public Media

View as table
AmountShare
From: Team equity$23 million16%
From: City infrastructure$10.5 million8%
From: Lease purchase, revenue bonds$106.5 million76%
To: Stadium cost$140 million100%

The club will begin accepting ticket deposits in late 2026, with details on seating and pricing to come. Nebraska Public Media puts the team's equity at $23 million.

The stadium by the numbers

$140 million
for the city-owned stadium
6,500
fixed seats planned
2028
targeted opening season

Sources: USL League One, WOWT, KETV, Fremont Tribune, Nebraska Public Media

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