According to a review of financial projections, the cost to pay off the state debt on the stadium could exceed $100 million over 30 years. That’s tens of millions of dollars more than similar estimates a year and a half ago.
GoLocal has secured copies of confidential investment documents being used by Brett Johnson to raise capital to fund the proposed minor league soccer stadium in Pawtucket.
With concrete foundation work underway and steelwork set to rise in May for the $124 million Tidewater Landing soccer stadium, construction is progressing despite a hold in public funding amid inflationary pressure.