WINTER GARDEN, Fla. — The city was expected to discuss Thursday potentially approving a letter of intent to continue conversations and negotiations with a company called Federal Finance about a future development.
The applicant and CEO of Federal Finance, Tan Bahia, said the project is much more than just a soccer stadium for professional men’s and women’s soccer.
The proposed project would not only bring a pro soccer stadium but would also bring townhomes and a hotel, and would become a host for youth soccer.
The land is located right off U.S. 429 at 1500 and 1700 E Plant Street.
Federal Finance is asking the city to streamline necessary zoning approvals and permits, as well as exploring potential partnerships for necessary infrastructure improvements and city acquisition of property.
“We are looking to build a 3,500- to 5,000-seat multipurpose stadium that would host a professional men’s and women’s soccer team,” Bahaia said.
“At the core, this will be a community asset," he said. "We hope that this will enhance Winter Garden as a city and bring a family affordable team to the area. We will be cognizant of the surrounding area and residents when it comes to traffic and future development.”
Federal Finance is hoping that the city will vote to approve their letter of intent with the project, and start working on any requirements that are necessary for this project to be considered.