Analysis: Pawtucket soccer stadium could leave state $52M in the hole

THE SOCCER STADIUM portion of the Tidewater Landing project will cost the state $52 million more in debt than it generates in tax revenue over the first 20 years, according to newly shared financial analysis. / COURTESY FORTUITOUS PARTNERS
PAWTUCKET – The soccer stadium that would anchor a proposed riverfront development in Pawtucket could leave the state $52 million in the hole after 20 years of operation, according to newly released financial estimates. The state has agreed to borrow $59 million to help pay for the Tidewater Landing project, nearly all of which will…

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