PAWTUCKET, R.I. (AP) — Pawtucket has approved a deal with a developer to finance part of a $248 million soccer stadium project that the city called the largest single investment in its history.
A city committee approved the use of bonds and tax rebates amounting to $46 million for the project on Thursday, the city said in a statement.
The financing will go towards public infrastructure not the stadium itself, they said. The project will build a soccer stadium, river walk, commercial and retail space and housing units at two sites located near the Seekonk River.
The proposed soccer stadium is expected to be home to a future division II soccer club that will compete in the United Soccer League Championship league.
The new team would replace the outgoing Pawtucket Red Sox, the Triple-A affiliate of the Boston baseball team, that decided in 2018 to move to Worcester, Massachusetts.
(Copyright (c) 2025 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)