New Mexico United has achieved a significant milestone in its pursuit of a new stadium with the approval of a lease agreement by the Albuquerque City Council. The council’s resounding 7-2 vote in favor of the lease marks a major victory for the club and sets the stage for the next phase of stadium construction at Balloon Fiesta Park.
The lease agreement gives New Mexico United the green light to proceed with the development of a privately-funded stadium that aims to serve as a gathering place for all residents of the state. United Owner/President Peter Trevisani expressed his excitement over the council’s decision, acknowledging the work that lies ahead and the honor of representing the people of New Mexico.
With the construction financing set to come entirely from private sources, this innovative approach ensures that the burden of funding the stadium does not fall on taxpayers. Instead, the club will take responsibility for securing the necessary capital to turn their vision into reality.
In embracing a privately-funded model, New Mexico United stands as a testament to the organization’s determination to create a world-class facility that reflects the spirit and ambition of its loyal fanbase. The club’s dedication to delivering a stadium that captures the essence of New Mexican culture and provides a memorable matchday experience will undoubtedly resonate with supporters and foster a sense of community pride.
The approval of the lease agreement signifies a significant step forward in the journey towards a new stadium for New Mexico United. Stakeholders, fans, and the wider community eagerly anticipate witnessing the progress of this landmark project that will forever change the sporting landscape in the state.
Q: How will the new stadium be funded?
A: The construction of the stadium will be privately funded by New Mexico United.
Q: What was the outcome of the lease agreement approval?
A: The lease agreement was approved by the Albuquerque City Council by a 7-2 margin.
Q: What is the aim of the new stadium?
A: The aim of the new stadium is to serve as a gathering place for all residents of New Mexico and represent the spirit of the state.