Last month, the team selected Turner Construction to build the stadium and awarded the company a $150 million contract. The District will contribute $150 million for infrastructure, land and site work — which is already underway — and the team will pay for the actual construction.
It took a year to reach a financing agreement with the city and was only a done deal after D.C. United agreed to set aside a $5 million escrow to protect the city’s interests. The team and the city also agreed to a 50-50 split of any construction overruns up to $20 million.
