WASHINGTON, DC-A 20,000 to 25,000-seat soccer stadium in the Buzzard Point area of Southwest is moving forward. DC Mayor Vincent Gray and DC United announced the signing of a public-private partnership term sheet to build the new $300 million stadium, which will be located next to Fort McNair Army base, bounded by Half Street and Second streets SW and between R and T streets. It is expected to deliver for the 2016 season.

The stadium deal will rely on an admittedly creative development plan that entails a series of land swaps that the mayor’s office says will spur additional development without impacting the District’s debt cap.

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