SC STL said the city would own the stadium under that proposal. Cordes did not say whether Foundry’s offer would change whether the city owns the facility.

Foundry had previously proposed a stadium on a 13-acre site on the northwest corner of Grand Boulevard and Chouteau Avenue. The land is owned by St. Louis University, and officials there were initially receptive to working with either Foundry St. Louis or MLS2STL, which dissolved to become SC STL following the Nov. 17 announcement. “The site at Grand and Chouteau is already primed for construction and does not need to be purchased by taxpayers from taxpayers in order to be developed,” Foundry spokeswoman Jen Crichton said in October.

MLS is in the process of expanding to 28 teams, with a Miami franchise expected to be the next approved . Four other team franchises remain up for grabs, and the league hasn’t set a firm timeline for naming them, a league spokesman has said.

SC STL representatives previously said they would cover the fee of acquiring an MLS expansion team, which league officials have said could be as high as $200 million. The city would be responsible for buying the land for the stadium, which is currently being appraised.

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