Right to Dream Proposed Multi-Use Soccer Stadium Business Advisory Services – Baltimore, MD

study summary

In July 2022, the Maryland Stadium Authority’s (MSA) Board of Directors approved a request from Mayor of the City of Baltimore for the MSA to provide business advisory services related to a proposed new multi-use soccer stadium in Port Covington, Baltimore. The study will include a market and economic analysis, as well as, a site fit analysis.

The primary tenants will be Right to Dream and would include both men’s and women’s professional teams, as part of an academy based initiative. The study should also examine stadium ownership, funding and operating recommendations including a draft non-binding Letter of Intent with Right to Dream

The cost of the study is $62,000 and will be funded equally between Right to Dream, Port Covington, and MSA with each paying one-third.

For additional information about Right to Dream: https://www.righttodream.com/

Study Director

Gary McGuigan, Executive Vice President, Capital Projects Development Group

Study Manager

Al Tyler, Vice President, Capital Projects Development Group

Study Budget

$62,000

Market/Economic Study:

Crossroads Consulting Services, LLC