MLS
David Beckham, investors acquire private land for MLS stadium in Miami
MLS

David Beckham, investors acquire private land for MLS stadium in Miami

Published Mar. 24, 2016 6:37 p.m. ET

MIAMI -- David Beckham and his investors say they've purchased the private land needed for a soccer stadium in Miami.

Miami Beckham United announced in a news release Thursday the purchase of six acres in the city's Overtown neighborhood, just a block from the Miami River. The deal comes after more than two years of failed attempts to bring a Major League Soccer franchise to three other sites.

The next step for Beckham and his partners is to buy another three-acre parcel from Miami-Dade County and secure zoning changes from the city of Miami. Details of the deal weren't disclosed. The projected has previously been projected to cost more than $200 million.

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Sites considered in the past were at PortMiami, downtown near the AmericanAirlines Arena and near Marlins Park in Little Havana.

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