UNCA Millennial Campus Development
Sector: Education • Location: Asheville, North Carolina, United States
Source: NewsBreak: Local News & Alerts
The University of North Carolina Asheville has received approval to lease 54 acres for development including apartments, retail spaces, and a 5,000-seat soccer stadium. The project will be developed by a private developer responsible for financing, design, construction, operation, and maintenance. The university will lease the property to its endowment fund for $1 per year for 99 years, with the e
- Status
- Prospective
- Sector
- Education, Stadium
- Location
- Asheville, North Carolina, United States of America
- Updated
- 22 Jul 2026
- Source
- NewsBreak: Local News & Alerts
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The University of North Carolina Asheville has received approval to lease 54 acres for development including apartments, retail spaces, and a 5,000-seat soccer stadium. The project will be developed by a private developer responsible for financing, design, construction, operation, and maintenance. The university will lease the property to its endowment fund for $1 per year for 99 years, with the endowment fund receiving rents from the developer starting at $1.69 million in 2030 and rising to $4.69 million in 2075. The soccer stadium will be jointly constructed with the city's amateur soccer club and requires about $29 million in public grants. |
Original sector | Built Sector |
Budget |
Location
Country | United States of America (USA) |
State | North Carolina |
City | Asheville |
Source
Source | NewsBreak: Local News & Alerts |
URL |
More Details
Record type | Project |
Sector | Education, Stadium |
Article published date | 2025-09-16 |
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