In recent years, sports stadium developers have been including affordable housing in their projects to win support from local governments and community activists.
Stadium projects in Brooklyn, N.Y., Las Vegas, Los Angeles, and St. Petersburg, Fla., have all been approved with community bargaining agreements (CBAs) that include a promise from the developer to add affordable housing to their developments. In return, the developer gets a fast-tracked approval process.
The track record of these agreements of actually yielding affordable housing is mixed.
The key for cities to realize the construction of affordable units is the inclusion of an enforcement mechanism in the agreement.
Without an enforceable agreement that includes milestones, the developer can choose to construct everything that is profitable first before creating affordable housing.
Related Stories
Sports and Recreational Facilities | Feb 3, 2022
Populous designs two new venues for Birmingham
Global design firm Populous collaborated with the Birmingham Jefferson Convention Center to open two new venues in Birmingham, Alabama this past Fall. Both venues are located in Birmingham’s downtown area, and are a part of the Birmingham Jefferson Convention Complex (BJCC).
Sponsored | Steel Buildings | Jan 25, 2022
Structural Game Changer: Winning solution for curved-wall gymnasium design
Sports and Recreational Facilities | Dec 15, 2021
Trends in sports stadium construction, with Turner Construction's Dewey Newton
Turner Construction's Dewey Newton discusses trends in sports stadium renovation and construction with BD+C's John Caulfield. Newton is a Senior Vice President who heads up Turner Construction’s Sports Group.
Giants 400 | Oct 22, 2021
2021 Sports Facilities Giants: Top architecture, engineering, and construction firms in the U.S. sports and recreation facility sector
AECOM, Populous, Kimley-Horn, and HOK top BD+C's rankings of the nation's largest sports and recreation facility sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.
Sports and Recreational Facilities | Sep 30, 2021
Experiential sportsman’s club set to open in Lakewood, Colo.
Nadel Architecture designed the project.
Arenas | Sep 20, 2021
LA Clippers unveil $1.8 billion Intuit Dome
AECOM is the lead designer for the project.
Sports and Recreational Facilities | Sep 15, 2021
Aston Martin breaks ground on new F1 headquarters
The project is located in Northamptonshire.
Giants 400 | Aug 30, 2021
2021 Giants 400 Report: Ranking the largest architecture, engineering, and construction firms in the U.S.
The 2021 Giants 400 Report includes more than 130 rankings across 25 building sectors and specialty categories.
Sports and Recreational Facilities | Aug 25, 2021
The rise of entertainment districts and the inside-out stadium
Fiserv Forum, home to the 2021 NBA Champion Milwaukee Bucks, proved that the design of the space outside a stadium is just as important as inside.
Resiliency | Aug 19, 2021
White paper outlines cost-effective flood protection approaches for building owners
A new white paper from Walter P Moore offers an in-depth review of the flood protection process and proven approaches.
