Cost Of New Meadowlands Stadium Could Top $1B

Buried in the unveiling of the master site plan for the Giants’ and Jets’ planned stadium was news that the facility may cost $1B, $200M more than previous estimates, and won’t be ready until 2010, a year later than the teams had hoped. Because of the escalating costs, Giants COO John Mara says he’s no longer ruling out the sale of PSLs. Other questions around the project involve a design for the stadium and whether a retractable roof will be built, an element likely contingent upon a $300M loan from the NFL.

And the nominees are ...

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