The 2025 legislative session ended last week without a financial commitment from his administration for up to $127 million in desired state aid to help construct a soccer stadium, housing and hotel. The land in question is located just across Stratford Avenue from Boca at the shuttered Shoreline Star off-track betting site. But for Rosario and other proponents of entrepreneur Andre Swanston’s minor league sports venue, the session was not a failure. Lawmakers passed a proposal allowing officials in Bridgeport to establish a tax incremental financing (TIF) district at the stadium site to help pay for up to $190 million of the purportedly $1.1 billion redevelopment. That means a portion of any new real estate taxes generated by the project would pay off the debt rather than going directly into Bridgeport’s municipal coffers. And in lieu of actual state financial aid, the legislature also adopted language requiring Connecticut’s departments of Economic Development and Revenue Services to, by Oct. 1, assess the “anticipated economic impact” of the stadium.
https://www.stamfordadvocate.com/news/article/bridgeport-soccer-stadium-funding-20364704.php