KC Current’s stadium will soon be surrounded by larger development

Modern sports stadiums often employ a familiar economic playbook. Team owners nationwide have sought to lock down development rights for prime real estate around their venues, fill it in with different mixed uses and reap new revenue.

At least facially, the Kansas City Current will pursue a similar approach.

In July, the team obtained rights for almost 11 acres west of CPKC Stadium, plus development and incentive terms for an $800 million mixed-use neighborhood, planned in phases during the next 10 years.

But far from filling in empty parking lots, the Current’s new home — set to debut March 16 — is on Berkley Riverfront.

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A transformation of the former dumping ground already was well underway with new park space, apartments, a dog bar and a boutique hotel in place before the prospect of the first stadium purpose-built for professional women’s sports entered the picture.

The Current found a ready partner in the Port Authority of Kansas City, which significantly enlarged 2014 master plans to account for the new opportunity.

Although the Current’s presence lends a definite “teal flavor” to its coming development, Port KC CEO Jon Stephens said the partnership ensures that future projects still align with original objectives, such as mixed-income housing and walkable streets with retail activation.

Read more in the Kansas City Business Journal.

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