The California State University is expected to begin construction on 35,000-seat stadium in Mission Valley in the first week of August, reports The San Diego Union-Tribune.
The general contractor for the project is Clark Construction, while the project’s architect is Gensler.
The multi-use stadium, estimated to cost $310 million, will be funded through philanthropic gifts as well as system-wide revenue bonds that will be paid back with revenue generated by the facility including ticket revenue, naming rights and concessions.
The multi-use stadium will be located in the northwest corner of the site, which allows SDSU to continue to use the existing SDCCU Stadium while construction of the new multi-use stadium is completed. The new facility is being designed to meet a LEED Gold standard.
The completion target date is 2022.