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Houston Dynamo Looks for Home

Houston’s professional soccer team slowly inches toward a stadium deal.

The Dynamo hope to break ground on a facility this fall.

But city officials say the deal isn’t done yet.

Laurie Johnson has more.

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The City of Houston, Harris County and the Dynamo have been in negotiations over a soccer stadium for more than a year.

The Dynamo announced this week they’ve secured tentative promises of financial backing from Compass Bank for construction.

The $80 million dollar proposed stadium will occupy land on the eastern edge of downtown, not far from Minute Maid Park.

But soccer fans shouldn’t count their goals before the game.

Houston Mayor Bill White says he met with the international chair of the bank on Monday.

“There are issues about, I guess you’d say the structuring of the finance, who’s subordinated to whom, that sort of thing, that are important. And we pay attention to the details of that kind of thing. And until there’s a deal that’s done, it’s not done.”

The mayor says the city is ready to invest in the project, but is still waiting on support from Harris County.

“It is important for our community for jobs and economic development to attract $50 million plus, in private investment, in a facility that would be owned by the public.”

The deal still requires a vote from both Houston City Council and Harris County Commissioners. The Dynamo hope to play in a completed stadium by the 2011 season.

Laurie Johnson. KUHF-Houston Public Radio News.

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Laurie Johnson-Ramirez

Laurie Johnson-Ramirez

News Director

Laurie Johnson-Ramirez leads news coverage for Houston Public Media across broadcast and digital platforms. Ramirez is a native Houstonian who started her career at Houston Public Media in 2002. Before becoming News Director, Ramirez held the position of Executive Producer for Daily News, leading daily and breaking news coverage, helping...

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