In Brook Park, the new Huntington Bank Field will be a world-class venue built to host events 365 days a year, just minutes from downtown Cleveland and Cleveland Hopkins International Airport. With a flexible seating bowl that scales for events of every size – including a super theater for concerts – the new Huntington Bank Field can host concerts, major tours and other events in every season.
Ohio’s first enclosed stadium is set to open in 2029 and brings a $2.6 billion total investment to Brook Park. HSG is funding over $1.75 billion, including all cost overruns in the stadium project. $600 million is financed by a State performance grant, repaid by project revenue, and $245 million is funded by Brook Park bonds backed by project-generated tax revenue.
But the new Huntington Bank Field will reach farther than just football with the adjacent mixed-used development. The new, privately funded “live, work, play” neighborhood for Northeast Ohio will feature two hotels next to the airport, a 3,000-seat year-round music venue, dining options, experiential retail, residential and office space. The $1 billion privately funded investment in the mixed-used development will create a destination on game days and every day in between, with the first phase set to open alongside the stadium in 2029.
In Berea, two simultaneous projects address spaces for the local community and Browns’ players, coaches and staff.
The CrossCountry Mortgage expansion is a $178 privately funded investment that creates a “live, work, play” development adjacent to the training facility. The expansion features a 7,000-seat community stadium for high school football under the lights, 150 apartments with 10,000 square feet of retail, a 140-room Marriott hotel called “The Barker,” the University Hospitals Sports Medicine Institute Sports Medicine and Orthopedic Clinic, the Browns Experience Center, as well as 17,000 square feet of office space.
The expansion project is currently underway, with the Browns Experience Center, the UH Sports Medicine Institute and office space open. “The Barker” hotel is set to open in July 2027, while the community stadium will open in Aug. 2027 and the apartment and retail space set to open in Dec. 2027.
The $70 million privately funded modernization of the training facility focuses on an expanded player locker room, player cafeteria, player lounge, an upgraded team meeting room and modern meeting spaces. The modernization will promote connectivity among the team and provide a world-class facility for Browns’ players.
As a part of their agreement with Mayor Justin Bibb, HSG is investing $100 million into the city of Cleveland to help accelerate the lakefront transformation and prepare the current stadium site for redevelopment.
Source: www.clevelandbrowns.com
