New York City F.C. in talks for a new home: A 25,000-seat stadium in the South Bronx, part of a $1 billion development: report

David Caplan
February 07, 2020 - 3:47 pm
New York City F.C.

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NEW YORK (1010 WINS) -- New York City F.C.'s seven-year search for a permanent home -- the soccer team currently plays at Yankee Stadium -- may soon be over: It's close to securing a deal with a group of local developers to build a 25,000-seat stadium in the South Bronx, The New York Times reported Friday.

No formal agreement has been finalized yet, though, and final approval for the project will require several months, the Times reported. 

The stadium would be part of a $1 billion massive development that will replace parking lots and an elevator parts factory with the stadium, affordable housing units, a new school, hotel and stores. 

And it won't be too much a change of neighborhood for diehard fans: The new stadium is a short walk from Yankee Stadium, where the team currently plays. 

The project has the support of mayor Bill De Blasio and James Patchett, president of the city's Economic Development Corp (EDC), according to the developers spearheading the project. 

“It’s long past time to make the underutilized parking lots around Yankee Stadium into something more,” the E.D.C. said in a statement Friday. “The city has been approached by a team of affordable housing developers, the Yankees and the N.Y.C. Football Club."

The statement continued, "A deal has not been reached, and more conversations are needed. We are hopeful for a future where these lots can better serve the community. The first step toward achieving that is engaging the community on their needs and vision for this area." 

A spokesperson for New York City F.C. said discussions are indeed underway, but cautioned that nothing has been confirmed yet. 

“We have been honored to call the Bronx our home for the last five years playing at Yankee Stadium, and we will keep our neighbors and our dedicated fans informed as we participate with Maddd and others in any related consultations and the public approval process,” the team said in a statement.