Venue Detail
Houston Dynamo
RSV Pro Facilities Report
March, 2015
Houston Dynamo
1415 Louisiana Suite 3400 Houston, TX 77002 Phone: 713-276-7500 Fax: 713-276-7580 URL: www.houstondynamo.com Owner: Anschutz Entertainment Group League: Major League Soccer, Eastern Conference
Venue
BBVA Compass Stadium, , Houston, TX Built: 2012 Capacity: 22,000 Concessionaire: The Levy Restaurants Soft drink:
Naming rights
Sold to: BBVA Compass Price: $20,000,000 Term: 10 years Expires: 2021
Ticket prices
Season tickets range from $250 to $1,825
Attendance
2012 average attendance: 20,952 2013 average attendance: 19,923 2014 average attendance: 20,117
Suites
Quantity: 36 Term: 3 to 3 years Price: $50,000 to $60,000 Seats: 14 to 14
Club seats
Quantity: 214 Price: $1,725 to $3,100
Financing
The paid the full cost of the $76 million stadium, then deeded it to the city and county. The land is owned by the city.
The former San Jose Earthquakes played the 2006 season in Houston as the Dynamo. The team's home venue has been the University of Houston's Robertson Stadium, but that changed in 2012.
The Dynamo paid $76 million to build a professional soccer stadium in downtown Houston and then lease it from the city and county for $65,000 a year.
The board of the Harris County-Houston Sports Authority, a joint city-county agency that acts as a pro sports stadium landlord, unanimously approved the deal. While the Dynamo paid most of the cost of construction, the city and county will own the stadium.
The city bought the land for $15 million. The county has agreed to reimburse the city $7.5 million for a 50 percent share in the complex. The city and county have pledged $10 million each in infrastructure improvements for the stadium, to be generated by a tax increment reinvestment zone around the stadium.
The city and county's contributions of $10 million in infrastructure improvements will end up Texas Southern University, which will play its football games at the new stadium, contributed $1.5 million toward construction. (Facilities, MLS, Professional Sports, Soccer, Venue)