Comstock's magazine 0819 - August 2019 | Page 48

n DEVELOPMENT “For us, the interesting thing is the stadium is only a piece of that development. (Sacramento Republic FC has) also purchased the acres surrounding it so they will create kind of an entertainment hub, which I think really is similar to what’s being done in our district here with the Golden 1 Center.” ~ Michael Ault, executive director, Downtown Sacramento Partnership was ranked eighth in the United States in concert ticket sales for the first quarter of 2019 by Pollstar. “I think we’re moving toward what could be a very different urban center than we have been,” says Downtown Sacramento Partnership Execu- tive Director Michael Ault. “It wasn’t long ago we were saying ‘Monday through Friday, 8 to 5.’” That approach in downtown is providing a blueprint for Republic FC, which is looking to develop a space as much for events and activities as for the 17 regular-season home MLS games each season. “We’ve seen it work very well at the Gold- en 1 Center,” Ault says. It wasn’t a hard decision for the city to pursue a soccer stadium at The Railyards, particularly since Sacramento is contributing no public funds to the project. The term sheet, including the city’s commitment to provide $33 million in fee waivers, tax rebates, advertising rights and infrastruc- ture financing, was unanimously approved April 9 by the city council. That’s in stark contrast to Sacramento contributing $32 million in land and $223 million cash toward the Golden 1 Center’s $477 million construction cost, according to a 2017 city auditor’s report. 48 comstocksmag.com | August 2019 “What was interesting to me was that there was little to no opposition,” Steinberg says of the soccer stadium. “I think the people saw that cost benefit in the same way.” ‘WE WANT IT TO BE ACTIVE ALL THE TIME’ Republic FC worked with architectural design firm HNTB to make the 20,000-plus seat stadium unique to Sacramento, including references to the city’s tree cover — the top deck will be known as The Canopy — and the site’s history. “You see a lot of the brick that’s carried through,” says Ben Gumpert, president and COO of Republic FC. “You see a lot of, sort of the brawn of, the (original) railyards archi- tecture and the great history that railyards have played in this city.” Plans for the 31 acres owned by the team go far beyond the 14 acres for the stadium, Ault points out. “For us, the interesting thing is the stadium is only a piece of that de- velopment,” he says. “They’ve also purchased the acres surrounding it so they will create kind of an entertainment hub, which I think really is similar to what’s being done in our district here with the Golden 1 Center.”