Kraft considering Revolution stadium at demolished mall site, and, yeah, that’s about it

Now that Boston’s Olympic bid is mercifully dead, New England Revolution owner Robert Kraft (he also owns some team in that other kind of football) is shopping around for a new site for a soccer stadium, and is considering the site of an abandoned shopping-mall-turned-convention-center in Dorchester:

Robert Kraft’s hunt for a new home for the New England Revolution has led him to hold talks about building a soccer stadium in Dorchester at the site of the former Bayside Expo Center, now owned by the University of Massachusetts….

UMass bought the Bayside Expo for $18.7 million in 2010, after the center went into foreclosure. The university is currently tearing down the exposition hall as part of its plan to expand the UMass Boston campus to that site.

The Bayside Expo site was earlier floated as a possible place for an Olympic Village, which could have been converted to campus space afterwards; if UMass goes for Kraft’s plan, it would presumably be in exchange for lease payments, which the school could use to fund other expansion plans.

That brings us back to how Kraft plans to pay for all this, since he’d now have lease payments to UMass (or outright land purchase payments) on top of construction costs for what could be a $200 million stadium. The last idea the team owner floated was to have Boston pay for the building and get repaid via ticket taxes, which would only work if the taxes were something on the order of $40 a ticket, so that’s not going to work. Picking a site first and then hoping for the magic funding fairy to arrive is a time-honored sports owner tradition, if only because it’s easier to hit up public officials for construction dough once there’s a plan in place, but this seems like it has a long way to go before it even hits the vaportecture stage.


3 comments on “Kraft considering Revolution stadium at demolished mall site, and, yeah, that’s about it

  1. I assume Umass’ future expansion plans are not a done deal. If they want to unload the property to Kraft, I hope they make it a cash deal for a profit and be done with it. After discovering Neil’s site, none of these deals are ever straightforward. Every one is a morass of contingencies, kickbacks, rebates, etc. And that’s just what is publicly known.

    • expansions would be nice to be honest, campus is so cramped for space right now. but you’re right, a cash profit in the midst of a budget crisis would be enticing. I personally hope they don’t bite

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