The new MLS expansion franchise Toronto FC is eyeing an ambitious $1.6 billion stadium that would be the largest in North America.
The $1 billion project would be built in phases and would include two indoor venues, the first of which would be an indoor soccer stadium on the waterfront near the CN Tower.
The stadium would include a retractable roof, as well as an artificial turf pitch.
Construction would start this fall and would cost about $1 million per team.
A second indoor stadium would be constructed on the city’s waterfront, at the corner of Bay and Bay.
A third indoor stadium is planned for the city of Mississauga.
The stadium is expected to open in 2021 and could cost $500 million to $600 million.
Toronto FC’s first stadium was the Metrodome, which opened in 2009.
It was designed by renowned architect Richard Rogers.
The new MLS stadium is estimated to cost $1bn to $1B and could include two stadiums, with the first to be an outdoor stadium.