Key facts
- King of Prussia officials are seeking $20 million in state funding for a $197 million mixed-use redevelopment project.
- The project's centerpiece is a proposed 7,500-seat venue intended to house a minor league baseball team and a professional women's soccer team.
- The venue is designed to revitalize a business complex, converting it into a vibrant mixed-use district.
- The site is located at 650 Park Ave. in Upper Merion Township, owned by Brandywine Realty Trust.
- Construction is slated to begin later this year, with completion anticipated in 2028.
- The venue is planned to host a variety of events beyond sports, including concerts, festivals, and community gatherings.
Local officials in King of Prussia, Pennsylvania, are pursuing a significant mixed-use development project centered around a new stadium, aiming to revitalize a business complex and tap into the sports and entertainment real estate market. The plan, revealed in an application for state funding, envisions a 7,500-seat venue that could host professional minor league baseball and women's soccer teams, alongside concerts, festivals, and community events.
The proposed site is 650 Park Ave. in Upper Merion Township, a 16.8-acre area within the Moore Park business complex. Brandywine Realty Trust owns the 3-acre parcel where the stadium would be built. The overall redevelopment plan carries an estimated price tag of $197 million.
Officials applied for $20 million from Pennsylvania's Redevelopment Assistance Capital Program, but did not receive funding in the latest distribution. The application outlines a total state contribution of $55 million, with additional funding expected from Montgomery County ($31 million) and the township itself ($35 million) over 30 years. The remaining $56 million is anticipated from private sources, such as team rent payments and sponsorships.
The project aims to transform a traditional office park into a dynamic mixed-use district, a goal that has become particularly important in the post-COVID era as communities adapt to changing work patterns and the decline of single-use office environments. Brandywine Realty Trust has previously considered various redevelopment plans for the site, including office and biotech facilities, none of which have materialized.
Construction is targeted to commence later this year, with the venue projected for completion in 2028. The flexible design of the stadium is intended to accommodate a wide range of activities, enhancing its utility and community benefit.