New York Yankees

New Yankee Stadium

On April 16, 2005, the team announced plans to build a stadium on the adjacent land, to be ready for the 2009 season, with the official announcement made on June 15, 2005 at a press conference. The team would pay for the new ballpark, estimated to be about $800 million (US), to be located north of the current stadium in Macombs Dam Park. The plan is for the new stadium to look like the pre-renovation Yankee Stadium, but with modern touches such as 50 or more luxury suites and a field configured like the current stadium. The expected capacity is 50,800 (with possible expansion to 54,000) with a completion date of 2009.
Unlike most of the new stadiums built in the United States, the stadium will be built and paid for by the team, with the city and state paying for infrastructure improvements. The plan to build the stadium has been accepted and is scheduled to be completed in time for the 2009 baseball season. Interestingly, three days earlier, on June 12, 2005, a plan for a New Mets Stadium in Willetts Point, Queens in the parking lot of the current Shea Stadium was announced. If approved it is also to be completed for the 2009 baseball season. The new Yankee Stadium would have served as the site for Baseball in the Olympics had New York City been chosen as host city for the Games of the XXX Olympiad, assuming that the decision would have encouraged the International Olympic Committee to retain the sport for the 2012 Olympic Games.
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