Omaha, Nebraska: City Council Approves Union Omaha Downtown Stadium and $330 Million District

The Omaha City Council voted on Tuesday, Oct. 27 to approve the redevelopment agreement and the stadium lease for Union Omaha's new downtown stadium, clearing the way for a professional soccer home in the center of the city. The stadium will rise at 10th and Izard Streets, at the northern gateway to downtown, just north of Cuming Street and Charles Schwab Field.

The approval sets up a public and private partnership worth approximately $330 million in total investment in Omaha's urban core. The stadium itself will cost approximately $140 million and will be owned by the City of Omaha. It will be financed primarily through private investment and through revenues generated by the development around it, according to the club announcement.

What the stadium district will include

The stadium is targeted to open in 2028. It will hold about 8,500 spectators, with approximately 6,500 fixed seats. Union Omaha's men's team will play there, and the club plans for the stadium to also serve as the home of a future women's professional soccer team and a youth academy. Concerts and community events are also planned at the site.

Around the stadium, the agreements cover a mixed use district with new housing, restaurants, retail space, entertainment venues and public spaces on land that is now largely unused. The city will own the stadium as a public asset once it is built.

"This is a big win for Omaha," Mayor John Ewing Jr. said in the announcement. He said the project takes largely unused land and turns it into a destination that brings jobs, housing, entertainment and economic activity to the city, using established economic development tools and private investment.

A long road to Tuesday's vote

The vote on Tuesday was the latest step in a process that has run for more than a year. The city earlier acquired the 25 acre site, known locally as the Home Plate property, from Union Pacific Railroad for $18.5 million. Union Pacific had used the land to park historical railcars for special events and will keep access to part of the property.

Earlier this year the City Council approved about $48 million in tax increment financing for the redevelopment. In May 2026 a state board approved a turnback tax incentive to help fund construction of the stadium, under a program that directs a share of new state sales tax revenue generated near the facility toward paying off construction bonds.

What happens next

With the redevelopment agreement and the lease now approved, the club and the city can move toward construction. Union Omaha says it will begin accepting ticket deposits in late 2026, with seating packages and pricing to be announced. The target remains a first season in the new stadium in 2028.