For the first time, we have an idea of what a new Cleveland Browns stadium in Brook Park may look like.
Jimmy Haslam's team unveiled new plans for a Brook Park proposal to state lawmakers last week.
When Cleveland Browns representatives last week showed state lawmakers designs for optional stadiums in Downtown Cleveland or in suburban Brook Park, they also shared something else — a proposed public-private cost sharing arrangement.
According to persons attending and familiar with the Browns-lawmakers meeting, they said the Browns estimated the new domed stadium in Brook Park might cost $2.5 billion while the renovated stadium downtown could cost half as much, or $1.2 billion. The football team is asking for public funding to pay half no matter where the stadium investment is made, the sources said.
And, for either site, the dollar amounts being tossed around are for the stadium only, they noted. While the presentations showed stadium-area developments like a hotel, shops and restaurants, the cost estimates didn’t include them because they might be entirely privately financed. The sources said the cost estimates also didn’t include changes to public infrastructure in and near either stadium option. Those would be almost entirely publicly funded.
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