Homestead Lands Miami FC’s $300M Stadium and Sports Performance Hub

Miami FC – LaBella

Miami FC is making a major move. The club announced that it will relocate from FIU’s Pitbull Stadium to a brand-new, purpose-built stadium in Homestead, as part of a massive mixed-use development known as the Sports Performance Hub (SPH). Here are all the facts, projections, and what this means for the club, Homestead, and the broader region.

Miami FC – LaBella

Key Facts: What Has Been Approved

• Development size & cost: The Sports Performance Hub is an ~$300 million project over 80 acres in Homestead.
  Stadium capacity: The stadium will seat 15,000 spectators.
• Other facilities included: Youth boarding school, training academy, public sports & recreation facilities, a sports-themed hotel, sports medicine center, and other sports courts.
• Lease approval: The City of Homestead approved an 80-year lease / ground lease to enable the project.

Who’s Behind It

• Miami FC’s co-owner Riccardo Silva is a SPH shareholder.
  A broader investor/developer group includes various former professional sports stars, including Argentinian legends, who are helping fund / support the development.

Miami FC – LaBella

Location & Context

• Where: Homestead, Florida — about 35 miles south of downtown Miami
• The site is part of Homestead Regional Park. The project has been sited within land owned by the city.

What’s New vs Earlier Proposals (and Some Discrepancies)

There are slightly different numbers floating from different reports:

• Some earlier reports talked about a 10,000-seat multipurpose stadium in a $275 million development.
• More recent announcements from Miami FC & SPH put the stadium closer to 15,000 seats as part of a ~$300 million project.

These differences partially reflect the project’s evolution—scope increasing, or design changes, or simply varying reporting. The most official and recent figure seems to be the 15,000-seat stadium in the 80-acre, ~$300 million Sports Performance Hub.

Economic & Community Impact

• The lease deal and project are projected to create thousands of construction jobs and hundreds of permanent roles.
• Homestead’s Mayor Steve Losner and the City Council emphasize that the project offers more than just stadium use: training, youth development, wellness, public recreation, hotel/tourism, and likely economic spillover in nearby businesses.
• Importantly, the deal is structured “at no cost to taxpayers” for many of the core facilities, according to Miami FC’s communications.

Timeline & What to Watch For

• Construction has been approved via the ground/lease agreement.
• Some reports suggest the SPH will open within 18 months.
• Renderings and design work (by LaBella Associates) are underway.

What It Means for Miami FC & Regional Soccer

• A dedicated, modern stadium of 15,000 capacity is a major upgrade for Miami FC, moving away from sharing or renting FIU’s Pitbull Stadium.
• Better facilities, academy, youth boarding school help the club build infrastructure for long-term talent development.
• For fans, this means closer, better experiences, new amenities, better access, likely more media visibility.
• For Homestead and South Miami-Dade, it means putting the area more clearly on the sports map, with more foot traffic, visitors, and associated economic development.