An agreement is in place that will see the new stadium built in Little Havana, and it is slated to seat about 37,000 and will have a retractable roof. The total cost for the stadium is about $525M, with the county paying $249M and maintaining ownership, the city will put in $121M while the Marlins will pay $155M up front. There is also a planned parking garage that the city would own.
The stadium is a part of a plan that will overhaul downtown Miami and the total cost of the project is being estimated at abotu $3 billion. The project includes a port-tunnel system to allow heavy trucks to bi-pass main traffic as well as a park and affordable housing and shops for the area. The Marlins proposed stadium would be set as a main draw for the area.