The Washington Commanders are set to return to Washington, D.C., following an announcement of a deal to relocate from their current site in Landover, Maryland. The franchise will establish a new stadium on the grounds of the Robert F. Kennedy Memorial Stadium, a location it previously occupied from 1961 to 1996. The RFK Stadium site is currently undergoing demolition.
The Commanders plan to invest $2.7 billion into the new stadium, with the D.C. government contributing an additional $500 million from its sports facilities funding. The anticipated opening date for the new venue is 2030. This project is part of a broader redevelopment plan that aims to incorporate housing, restaurants, park space, and retail options, alongside substantial investments in infrastructure for parking, transportation, and utilities. The total expenditure for the redevelopment is projected to reach $3.7 billion.
Commanders managing partner Josh Harris highlighted the historical significance of RFK Stadium, noting its role in the team's past success, including three Super Bowl victories. The new stadium will feature a roof and accommodate approximately 65,000 spectators. The project is expected to create 2,000 permanent jobs and generate substantial economic benefits, including an estimated $4 billion in tax revenue and over $15.6 billion in direct spending over the next 30 years.
D.C. Mayor Muriel Bowser expressed enthusiasm for the project, emphasizing the multifaceted benefits it will bring to the city, including recreation and entertainment options. The Commanders franchise is valued at $6.25 billion, according to CNBC’s 2024 NFL team valuations.