public-private partnership

It’s Brook Park

In the coming weeks, the owners of the Cleveland Browns will reveal their plans to build a $3.6 billion domed stadium and associated development in the Cleveland suburb of Brook Park. According to public sector sources familiar with the plans, owners Jimmy and Dee Haslam have their capital funding identified for the stadium and a small first phase of development.

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State lawmakers support some stadium funding

A new multi-purpose stadium sought by the owners of the Cleveland Browns in suburban Brook Park appears to be growing legs thanks to a willingness by state lawmakers to fund a significant portion of the stadium’s construction costs. The biggest questions at this time are how much state funding may be forthcoming and will it make a big enough dent in the public sector side of the financial equation.

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