Grapevine-Colleyville ISD officials announced Friday plans for an $18 million renovation of its Mustang-Panther Stadium.
The renovations, which are set to be complete in 2018, include new home-side restrooms, concession stands and spirit shops; improved accessibility; upgraded security; scoreboard upgrades and a new press box as well as a new historic appearance to match historic Grapevine.
Here are four things to know about the renovation.
1. The renovations will be paid for with bond money as well as money from a Tax Increment Financing zone payout.
In May, GCISD voters approved a $249 million bond package that included $6 million for concrete repairs to the stadium. The other $12 million will be funded through a $26 million TIF payout from the 1996 TIF agreement with the city of Grapevine to bring Grapevine Mills to the area.
To learn more about the TIF, watch this video.
2. Renovations will be done in two phases.
The first phase will repair the concrete as approved in the 2016 bond election. The second phase will begin in fall 2017 after the completion of football season. During spring 2018, the district hopes to be able to still host regularly scheduled events at the stadium since there will be no work done on the field or the track.
3. Seating capacity will stay the same.
Seating capacity will not be increased; however, renovations will require reconfiguration of some seating areas.
4. Three meetings will be held about the stadium.
The district will hold three, one-hour community meetings, where residents can learn more the TIF, plans for the renovations and additional information about the Mustang-Panther Stadium. The meeting location will be given to those who sign up online. The meeting dates are as follows:
- Tuesday, Oct. 25, 6-7 p.m.
- Friday, Oct. 28, 10:30-11:30 a.m.
- Tuesday, Nov. 1, 6-7 p.m.
These meetings will have limited space available. To sign up for one of the meetings, click this link.