Des Moines Council Eyes $16.4 Million Grant for New Soccer Stadium
The Des Moines City Council is poised to approve a $16.4 million federal grant that will fund lease payments for Iowa's inaugural professional soccer venue. The funding, earmarked for the Iowa Soccer Development Foundation, forms part of a $95 million project that includes a stadium and accompanying public plaza.
Planned for a downtown site, the 550‑seat facility will anchor a broader sports complex scheduled for completion by July 1, 2028. The grant will cover lease obligations to the city over a 25‑year term, providing a stable financial foundation for the foundation's operations.
City officials say the investment reflects a strategic push to expand Iowa's soccer footprint and generate economic activity in the capital region. The stadium's modest capacity is designed to host professional matches while serving as a community gathering space.
Funding Structure and Timeline
Under the agreement, the federal grant will subsidize lease payments, allowing the Iowa Soccer Development Foundation to secure long‑term access to the site. The $95 million total cost encompasses construction, site preparation, and the public plaza, with the stadium slated for completion in mid‑2028.
City planners anticipate that the new venue will stimulate local businesses, create jobs, and enhance Des Moines' reputation as a growing hub for professional sports. The project's timeline aligns with a broader revitalization effort for the downtown area.